$660,000
SOLD AUG 4, 2025
11 Beds
4 Baths
-- Sq Ft
1918 Built

Recently Sold

6% Below List Price

20 Days on Market

About This Home

As of August 2025

Welcome to 1315 S Kolin Ave, a meticulously renovated brick multi-unit property in the heart of North Lawndale, offering the perfect blend of luxury, function, and income potential. This legal 3-flat features a fully finished 4th unit garden apartment, making it a 4-unit income-producing powerhouse-ideal for both investors and house hackers alike. Currently, the garden unit is leased at $1,800/month, while the three upper units are fully updated and available for immediate lease or occupancy. Live in one unit and rent out the other two for $1,800/month each, generating a total of $5,400/month in rental revenue-more than enough to cover your mortgage and household expenses. This is a golden opportunity to live affordably while building wealth through real estate. The renovation of this property was nothing short of miraculous-no detail was overlooked and no system untouched. Everything is brand new: electrical, plumbing, HVAC, roof, windows, kitchens, bathrooms, flooring, and finishes. Each of the three spacious 3-bedroom, 1-bath units features modern shaker cabinetry, sleek countertops, in-unit laundry, stainless steel appliances, and separate central air and heating systems-ensuring privacy and comfort for every resident with the fourth unit being a 2-bedroom, 1-bath unit with the same amenities. Outside, a new concrete parking pad accommodates multiple vehicles and is secured by a 6-foot privacy fence with a rolling gate. Located in the up-and-coming North Lawndale neighborhood, the property is close to public transit, parks, schools, and shopping. Whether you're an owner-occupant seeking to house hack or an investor looking for strong cash flow and a fully turn-key building, 1315 S Kolin Ave is a rare opportunity you don't want to miss.

Last Agent to Sell the Property

Michael Applegate

Straight-A Realty, LLC License #471020131 Listed on: 05/30/2025

Co-Listed By

Brittany Jones

Straight-A Realty, LLC License #475202289

Last Buyer's Agent

Ernestina Preciado

RE/MAX 10 License #475147360

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 25 x 125

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,270

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full, Walk-Out Access
  • Total Bathrooms: 4
  • Total Bedrooms: 11
  • Room Type: Sun Room
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • Room: 5

Exterior Features

  • Construction Materials: Brick
  • List Price: 699000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 2270.03
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Sold $660,000 -5.6% --
06/19/2025 06/19/25 Pending -- -- --
05/31/2025 05/31/25 For Sale $699,000 +1065.0% --
04/25/2024 04/25/24 Sold $60,000 0.0% --
04/03/2024 04/03/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $60,000 0.0% --
02/27/2024 02/27/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $60,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12362367

Midwest Real Estate Data (MRED)