$395,000
PENDING

2491 Terrace Ave Lynwood, IL 60411

Estimated payment $2,583/month

Total Views 783
9 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Balcony
  • Patio
  • Baseboard Heating

About This Home

Discover this charming four-unit property, perfectly situated with convenient access and ample parking-featuring 8 dedicated spots for residents. This brick building includes three spacious 2-bedroom units and a standout 3-bedroom, 2-bath duplex unit, ideal for an owner-occupant. The 3-bedroom apartment on the first floor boasts a generous eat-in kitchen and a duplex layout that extends to the basement, providing additional living space. Don't miss out on this versatile investment with great potential!

Listing Agent

Christina Horne

Chicagoland Realty & Associates Inc License #471005792 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 70x145

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 395000
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 8

Utilities

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

Schools

  • Middle/Junior School District: 172

Lot Info

  • Lot Dimensions: 70X145
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Year: 2023
  • Tax Exemptions: Other

Multi Family

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

Map

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
07/15/2025 07/15/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $395,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12421085

Midwest Real Estate Data (MRED)