$225,000
SOLD OCT 2, 2025

1528 S Spaulding Ave Chicago, IL 60623

North Lawndale Neighborhood
8 Beds
2 Baths
-- Sq Ft
1896 Built

Recently Sold

2 Days on Market

About This Home

As of October 2025

Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.

Last Agent to Sell the Property

Yolanda Davis

Realty Boutique License #471021251 Listed on: 07/04/2025

Last Buyer's Agent

Eve Benton

Exit Infinity Realty License #471008912

Exit Infinity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1896 | Remodeled in 2018

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Off Alley Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,011

Year Built

Built in 1896 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 8
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

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

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2011
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/02/2025 10/02/25 Sold $225,000 0.0% --
07/06/2025 07/06/25 Pending -- -- --
07/04/2025 07/04/25 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2025

    Yolanda Davis

    Realty Boutique

    (312) 371-8082

    1 in this area

    13 Total Sales

    Yolanda Davis
    Section Image
  • Eve Benton

    Buyer's Agent in 2025

    Eve Benton

    Exit Infinity Realty

    (312) 834-4383

    3 in this area

    72 Total Sales

    Eve Benton
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12403997

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60623 North Lawndale

1528 S Spaulding Ave, Chicago, IL

This home is located at 1528 S Spaulding Ave, Chicago, IL 60623 and is currently priced at $225,000. This property was built in 1896. 1528 S Spaulding Ave is a home located in Cook County with nearby schools including Johnson Elementary School, Legacy Elementary Charter School, and North Lawndale College Prep.

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