
1242 S Lawndale Ave Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $2,821/month
About This Home
Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof.Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are $4,760/ month.
Listing Agent
Main Street Real Estate Group License #475164126 Listed on: 05/13/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,983
Year Built
- Built in 1920 | Remodeled in 2022
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 4 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Alley Access
- Driveway
- Parking Included in Price
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/26/2025 05/26/25 | Pending | -- | -- | -- |
05/13/2025 05/13/25 | For Sale | $485,000 | +28.6% | -- |
10/04/2023 10/04/23 | Sold | $377,000 | -4.4% | -- |
09/01/2023 09/01/23 | Pending | -- | -- | -- |
08/17/2023 08/17/23 | Price Changed | $394,500 | 0.0% | -- |
08/17/2023 08/17/23 | For Sale | $394,500 | -1.4% | -- |
08/13/2023 08/13/23 | Pending | -- | -- | -- |
08/03/2023 08/03/23 | Price Changed | $399,999 | -7.4% | -- |
08/02/2023 08/02/23 | For Sale | $432,000 | +160.2% | -- |
04/16/2021 04/16/21 | Sold | $166,000 | +10.7% | -- |
03/24/2021 03/24/21 | Pending | -- | -- | -- |
03/14/2021 03/14/21 | For Sale | $149,900 | -- | -- |
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