1448 S Hamlin Ave Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $5,126/month
Highlights
- Central Air
- Heating System Uses Steam
- 3-minute walk to Ninebark Playground Park
About This Home
Pride of ownership! Immaculately constructed and fully rebuilt in 2017, this stunning 6-unit multi-family Greystone offers exceptional modern living and investment potential. Two of the six units are spacious duplexes located on the first floor of a deep lot, and all units are finished to a condo-grade standard. Extensive renovations completed in 2017 include a new roof, energy-efficient windows, professional tuckpointing, updated concrete work, new HVAC systems, plumbing, electrical, and beautiful hardwood flooring throughout. Each unit features custom-designed kitchens and bathrooms, a wood-framed back deck with durable steel screen doors, and soundproofing between floors for enhanced privacy. The lower levels boast elegant ceramic tile flooring, and every unit has its own utilities conveniently located on the same floor. All units are currently rented, offering immediate income for investors. This property boasts an extraordinary High cap rate-an exceptional return that is rarely seen in today's market. There is significant upside potential as current rents are well below market value, with at least $200 per unit of additional rental income easily achievable. For more information or to schedule a viewing, please call today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,266
Year Built
- Built in 1908
Lot Details
- 4,375 Sq Ft Lot
- Lot Dimensions are 35x125
Home Design
- Garden Apartment
- Flat Roof Shape
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
- Limestone
Interior Spaces
- 3-Story Property
- Finished Basement
Utilities
- Central Air
- Heating System Uses Steam
Community Details
- 6 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,464 | $38,290 | $6,796 | $31,494 |
| 2024 | $4,464 | $38,290 | $6,796 | $31,494 |
| 2023 | $4,352 | $21,087 | $5,507 | $15,580 |
| 2022 | $4,352 | $21,087 | $5,507 | $15,580 |
| 2021 | $4,254 | $21,086 | $5,507 | $15,579 |
| 2020 | $3,697 | $16,541 | $5,507 | $11,034 |
| 2019 | $3,833 | $19,013 | $5,507 | $13,506 |
| 2018 | $5,866 | $29,602 | $5,507 | $24,095 |
| 2017 | $4,433 | $20,520 | $4,921 | $15,599 |
| 2016 | $4,110 | $20,520 | $4,921 | $15,599 |
| 2015 | $3,760 | $20,520 | $4,921 | $15,599 |
| 2014 | $4,282 | $23,077 | $4,687 | $18,390 |
| 2013 | $4,197 | $23,077 | $4,687 | $18,390 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2026 09/05/26 | Pending | -- | -- | -- |
| 08/29/2026 08/29/26 | For Sale | $849,500 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $489,000 | Old Republic National Title | |
| Deed | $56,000 | Stc | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Comp |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | New Conventional | |
| Closed | $391,200 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12744974
APN: 16231170360000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 1504 S Hamlin Ave
- 1450 S Avers Ave
- 1454 S Avers Ave
- 1359 S Avers Ave
- 1442 S Springfield Ave
- 1506 S Lawndale Ave
- 1525 S Lawndale Ave
- 1430 S Harding Ave
- 1330 S Lawndale Ave
- 3943 W 14th St
- 1517 S Millard Ave
- 1256 S Independence Blvd
- 1640 S Ridgeway Ave
- 1608 S Millard Ave
- 1641 S Ridgeway Ave
- 1307 S Lawndale Ave
- 1310 S Millard Ave
- 1236 S Springfield Ave
- 1810 S Hamlin Ave
- 1549 S Central Park Ave
Ask me questions while you tour the home.