$1,145,000

Estimated payment $7,579/month

Total Views 1,133
-- Bed
-- Bath
9,300 Sq Ft
$123 Price per Sq Ft

About This Home

Real Realty, Inc. is pleased to present this 9 unit walk-up building in the heart of Homan Square in North Lawndale! This opportunity presents an investor to acquire a well-maintained cash-flowing building boasting an incredible unit mix - 6 two bed / one baths (900 SQFT), 1 three bed one baths and 2 four bed one baths (1300 SQFT) with stable tenants and strong, measurable rental upside on units that have not turned over in a couple years. Tenants pay gas and electric, landlord is only responsible for water and trash.

Listing Agent

Alen Redzic

Real Realty Inc License #471016580 Listed on: 08/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,661

Year Built

  • Built in 1915

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42 x 100

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,300 Sq Ft Home
  • 3-Story Property

Utilities

  • Forced Air Heating System
  • Floor Furnace

Community Details

Overview

  • 9 Units

Building Details

  • Insurance Expense $4,388
  • Maintenance Expense $9,000
  • Trash Expense $1,460
  • Water Sewer Expense $3,857
  • Operating Expense $41,666
  • Gross Income $138,600
  • Net Operating Income $88,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,661

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1915
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 6
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 1145000

Utilities

  • Heat/Ventilation: Forced Air,Individual Furnaces

Fee Information

  • Trash Expense: 1460
  • Water Sewer Expenses: 3857
  • Janitor Expense: 2700

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 42 X 100
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 9300

Multi Family

  • Net Operating Income: 88618
  • Insurance Expense: 4388
  • GrossIncome: 138600
  • Maintenance Expense: 9000
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 41666
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16661
  • Tax Year: 2023

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
08/27/2025 08/27/25 For Sale $1,145,000 +445.2% $123 / Sq Ft
04/02/2018 04/02/18 Sold $210,000 -12.1% --
02/05/2018 02/05/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $239,000 -- --
Source: Midwest Real Estate Data (MRED)

Similar Home in Chicago, IL

  • 3322 S Parnell Ave, Chicago, IL 60616

    $1,175,000

    • 2 Beds
    • 2 Baths
    • 3322 S Parnell Ave
    • Chicago, IL

    3328 s Parnell is an oversized Frame 2-Flat with walking distance to Guaranteed Rate Field and Armor Square Park. Each unit with 3 bedrooms and 1 bath with garage. Also the listing price include 2 vacant lots (3326 and 3322 S Parnell ) see map for details. Note: can buy the 2 units apartment separately or have to buy the 2 units apartment plus 2 vacant lots all together .

    Rowena Cheng Richland Global Inc

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12457321

Midwest Real Estate Data (MRED)

APN: 16144220200000