2248 S Kolin Avenue Chicago, IL $ 499,900
2248 S Kolin Avenue
$ 499,900
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2248 S Kolin Avenue

Chicago, IL, 60623
$ 499,900
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,453

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Multi-Family Home for sale in Chicago, IL

for $499,900 with 5 bedrooms and 3 full baths.

Welcome to one of the largest residential 2-flat properties you'll find in the highly sought-after North Lawndale neighborhood! This property has been fully rehabbed, with the renovation completed in August 2026, offering buyers the opportunity to own a beautifully updated multi-unit property with modern finishes and extensive improvements. Situated on double city lot, this unique property offers an abundance of land and flexibility rarely found in a multi-unit setting. The property sits on one lot with an additional lot on the north side of the property, providing exceptional outdoor space and plenty of room for parking, recreation, expansion, or storage. Business owners with multiple vehicles, work trucks, equipment, or additional parking needs-this could be the ideal property for you! The expansive lot configuration provides valuable space that is difficult to find in the city. Inside, the property features two beautifully remodeled 2-bedroom units, each offering one full bath, a kitchen, and a modern open-concept layout. The second-floor unit is duplexed into the attic, creating additional living flexibility and making the space ideal for an in-law suite, extended family, guests, or other living arrangements. The attic includes its own kitchen and bathroom while sharing central heat with the second-floor unit. The first- and second-floor living spaces each feature their own individual furnace and central heating, providing separate heating systems for each unit. All living areas have been thoughtfully remodeled with modern finishes and an inviting open-concept design. Located in the rapidly developing North Lawndale community, this property offers convenient access to Chicago's Medical District, downtown Chicago, major highways, dining, entertainment, and nightlife. Approximately a 15-minute drive to the Medical District and 25 minutes to downtown, making this an excellent location for both residents and commuters. Whether you're an investor looking for a versatile multi-unit property, an owner-occupant seeking additional living space, or a business owner in need of substantial parking and land, this property offers possibilities that are hard to find. Three lots. Two remodeled units. Recently completed rehab. Exceptional flexibility and space. Don't miss this opportunity-schedule your showing today! This one won't last long!

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Multi-Family Active

Price

$ 499,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,396

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12789574

Features
General
Sewer Public Sewer
Heating Gas Forced Air
Possession Closing
Garage Spaces 2
Construction Materials Brick
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 16272010530000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status New
Directions Kostner Ave to Cermak Rd (22nd) East on Cermak Rd (22nd) to Kolin Ave South on Kolin Ave to address.
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Elementary School Corkery Elementary School
Tax Annual Amount 2396
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 30x125 25x125 25x125
Waterfront Y/N N
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* Excluded Features
List By
Premiere Realty Group Inc

Broker

ig.marquez@outlook.com

Email

Affordability Calculator

$3,652
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4956533 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2026$499,900 Listed Price

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2248 S Kolin Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $499,900. 2248 S Kolin Avenue has 5 bedrooms and 3.0 baths. The property's zip code is 60623 which is in Chicago, IL