$485,000
SOLD JUL 9, 2025

1322 N Lockwood Ave Chicago, IL 60651

Austin Neighborhood
6 Beds
3 Baths
-- Sq Ft
1923 Built

Recently Sold

1% Below List Price

7 Days on Market

Highlights

  • Forced Air Heating System
  • Fenced
  • Senior Tax Exemptions

About This Home

As of July 2025

Discover your perfect investment or multi-family haven at 1322 N Lockwood Ave -a beautifully updated 2-flat in the heart of lively Austin! Each unit shines with modern upgrades, including a brand-new HVAC system (2024) for ultimate comfort. The finished basement adds two extra bedrooms, ideal for guests or rental potential, plus convenient in-unit laundry hookup. Tucked in a hot neighborhood, you're steps from cool parks, trendy restaurants, and easy transit, mixing city energy with tight-knit community. Move-in ready and brimming with charm, this 2-flat is your ticket to stylish Chicago living-grab it before it's gone!

Last Agent to Sell the Property

Mark Santoyo

RE/MAX Loyalty License #475144334 Listed on: 05/08/2025

RE/MAX Loyalty

Last Buyer's Agent

Edgard Diaz

Century 21 NuVision Real Estate License #471013773

Century 21 NuVision Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1923 | Remodeled in 2024

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Fenced

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 1923 | Remodeled in 2024

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • New Construction Y/N: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 490000
  • Roof: Rubber, Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 4560
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6337
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Similar Homes in Chicago, IL

  • 1622 N Mason Ave, Chicago, IL 60639

    $389,900

    • 4 Beds
    • 2 Baths
    • 1622 N Mason Ave
    • Chicago, IL

    Discover the potential of this spacious multifamily property featuring 6 bedrooms and 4 bathrooms, complete with updated kitchens and bathrooms. Ideal for extended families, it includes a convenient in-law suite. Currently in pursuit of a short sale, please allow time for bank response. Sold as-is, the home requires some TLC and will not pass FHA inspection. A unique opportunity awaits! The

    Tameka Lewis-Madkins Keller Williams Preferred Rlty

    Section Image
  • 1009 N Harding Ave, Chicago, IL 60651

    $470,000

    • 4 Beds
    • 2 Baths
    • 1009 N Harding Ave
    • Chicago, IL

    Investors Dream! Beautiful blonde brick building with 2 units and a full basement that blends classic charm with modern luxury! Located in a highly desirable neighborhood, this stunning property has been upgraded, offering two spacious 2bed/1bath units. Fully updated kitchens with sleek stainless steel appliances, custom countertops, cabinetry and gorgeous hardwood flooring spanning throughout.

    Rafay Qamar Real Broker LLC

    Section Image
  • 5062 W Adams St, Chicago, IL 60644

    $375,000

    • 6 Beds
    • 2 Baths
    • 5062 W Adams St
    • Chicago, IL

    Welcome to this beautifully maintained two unit building perfect for owner occupants looking to build wealth while keeping housing costs low. Each unit features 3 bedrooms and 1 bathroom with spacious layouts, and a partially finished basement offers additional space for storage, a home gym, or future expansion. Live in one unit and rent out the other to help cover your mortgage. The second floor

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 5426 W Jackson Blvd, Chicago, IL 60644

    $550,000

    • 6 Beds
    • 4 Baths
    • 5426 W Jackson Blvd
    • Chicago, IL

    WELCOME! Secure your next income property today! Check Out This Versatile 2-Unit Property now available for sale in Chicago, Austin Area with Income Potential while you live in one unit and rent the other. But... wait, you still have great potential to create a 3rd unit in the basement creating more income while also adding more value to the property. Perfect for homeowners looking for

    Camille Harris Coldwell Banker Realty

    Section Image
  • 4251 W Jackson Blvd, Chicago, IL 60624

    $425,000

    • 7 Beds
    • 2 Baths
    • 4251 W Jackson Blvd
    • Chicago, IL

    Welcome to Jackson. This solid brick 2-unit building features two spacious units - perfect for investors or multigenerational living. The first-floor unit offers 3 bedrooms and 1 full bath, currently leased to a reliable tenant. The second-floor unit, previously owner-occupied, boasts 4 bedrooms and 1 full bath with generous living space and natural light. Both units feature separate utilities

    Sohe Reyes Smart Home Realty

    Section Image
  • 1547 S Kolin Ave, Chicago, IL 60623

    $415,000

    • 6 Beds
    • 3 Baths
    • 1547 S Kolin Ave
    • Chicago, IL

    Elevate your investment portfolio with this impressive income generating three unit property in the heart of North Lawndale. Each unit boasts a comfortable layout, featuring two bedrooms and a full bathroom, complemented by modern stainless steel appliances for a touch of sophistication. Notably, two of the units underwent a comprehensive rehabilitation in 2024, showcasing updated kitchens and

    Danisha Jones Coldwell Banker Realty

    Section Image
  • 4925 W Cullom Ave, Chicago, IL 60641

    $580,000

    • 6 Beds
    • 3 Baths
    • 4925 W Cullom Ave
    • Chicago, IL

    Welcome to 4925 W Cullom in Portage Park! Charming and well-maintained, this classic brick two-flat offers generous living space, vintage charm, and excellent investment potential in one of Chicago's most sought-after neighborhoods. Both units feature hardwood floors, ceramic tile, enclosed back porches, and bright, open layouts that create a warm and inviting atmosphere. Remodeled in 2003, each

    Leticia Jimenez @properties Christie's International Real Estate

    Section Image
  • 2014 N Western Ave, Chicago, IL 60647

    $579,900

    • 6 Beds
    • 3 Baths
    • 2014 N Western Ave
    • Chicago, IL

    Rare two-flat with in-law unit in prime Chicago location! Situated on B3-2 zoning, this property offers excellent redevelopment potential-whether as a retail storefront with residential units above or other mixed-use possibilities. Property is in need of TLC and is priced accordingly. Home has been professionally appraised and will be sold as-is. Excellent access to I-90/94, the Blue Line, and

    Karina Hiselman Compass

    Section Image
  • 5028 W Lawrence Ave, Chicago, IL 60630

    $585,000

    • 4 Beds
    • 2 Baths
    • 5028 W Lawrence Ave
    • Chicago, IL

    Welcome to this beautifully renovated 2-unit building in the desirable Jefferson Park/Mayfair neighborhood. Perfect for investors or owner-occupants, this property offers two updated units with thoughtful design and modern finishes. The first-floor unit features 2 bedrooms and 1 bathroom, with a bright and open living area that flows seamlessly into the updated kitchen, complete with sleek

    Rafay Qamar Real Broker LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/09/2025 07/09/25 Sold $485,000 -1.0% --
05/16/2025 05/16/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $490,000 +79.8% --
09/20/2024 09/20/24 Sold $272,500 -0.9% --
07/11/2024 07/11/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $275,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12338226

Midwest Real Estate Data (MRED)