
1856 S Lawndale Ave Chicago, IL 60623
North Lawndale NeighborhoodHighlights
- Greystone Architecture
- 5-minute walk to Central Park Station
- Ceiling Fan
- Forced Air Heating System
About This Home
As of June 2025Classic Greystone with a finished garden unit located in the fast growing North Lawndale neighborhood and 6 Min walk to Pink Line (Ogden-Central Park) Perfect Investment opportunity. Features a grand total of 11 bedrooms, 3 bathrooms across three levels, and 6 parking spaces. The rental income and room for more exceeds the estimated mortgage, taxes, and insurance. You'll enjoy positive cash flow! Also qualifies for 4-bedroom vouchers, so there's great potential for the new owner to request a rental increase through CHA, providing a significant boost to your monthly cash flow. Ideal if you're looking to live in one unit and rent out the others or maximize returns with a fully rented building, the strong local rental market and promising future makes this a savvy investment for seasoned investors and first-time multi-family buyers alike. Given the current market trends and comparable rental properties in the area, rent adjustments are in your favor, enhancing your return on investment. Located near the rapidly expanding Illinois Medical District, this property benefits from increased housing demand driven by thousands of new jobs and substantial economic growth. Local industrial sites are being repurposed for community benefit. Shops, eateries, and facilities are revitalizing commercial corridors and enhancing everyday convenience for residents. Don't miss your chance to grab a prime piece of real estate in an area on the rise!! It's time to make a move to have you set for years to come!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,589
Year Built
- Built in 1903
Lot Details
- Lot Dimensions are 31x125
Home Design
- Greystone Architecture
- Stone Siding
Interior Spaces
- Ceiling Fan
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Potential Bedrooms
- 3 Bathrooms
Parking
- 6 Parking Spaces
- Off Alley Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/03/2025 06/03/25 | Sold | $475,000 | +2.2% | -- |
04/08/2025 04/08/25 | Pending | -- | -- | -- |
04/02/2025 04/02/25 | For Sale | $465,000 | +97.0% | -- |
02/24/2020 02/24/20 | Sold | $236,000 | -5.6% | -- |
12/02/2019 12/02/19 | Pending | -- | -- | -- |
11/20/2019 11/20/19 | For Sale | $249,900 | 0.0% | -- |
11/10/2019 11/10/19 | Pending | -- | -- | -- |
10/29/2019 10/29/19 | For Sale | $249,900 | 0.0% | -- |
09/24/2019 09/24/19 | Pending | -- | -- | -- |
09/10/2019 09/10/19 | For Sale | $249,900 | 0.0% | -- |
08/27/2019 08/27/19 | Pending | -- | -- | -- |
08/09/2019 08/09/19 | For Sale | $249,900 | -- | -- |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mario Zelaya
eXp Realty
(773) 401-3600
1 in this area
55 Total Sales
-
Buyer's Agent in 2025
Roberto Rodriguez
Solaris Enterprises Inc
(773) 552-7972
4 in this area
94 Total Sales
-
Seller's Agent in 2020
David Jaracz
Savvy Properties Inc
(773) 710-4376
16 in this area
151 Total Sales
-
Buyer's Agent in 2020
David Dominguez
Realty of America, LLC
(312) 607-7057
6 in this area
482 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12327596

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