3544 W Douglas Blvd Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $4,885/month
About This Home
Beautifully rehabbed in 2018, this all-brick building features three spacious 4 bed / 2 bath units and one well-appointed 2 bed / 1 bath unit. Each residence includes individual in-unit laundry, updated kitchens and baths, and generous living spaces ideal for tenants Major improvements-including the roof and windows-were completed in 2018, ensuring long-term durability and minimal maintenance. The property is fully occupied and generating strong rental income, with significant potential to increase rents further over time. This is a great chance to acquire a stabilized asset with built-in upside in a competitive rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,666
Year Built
- Built in 1921
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Potential Bedrooms
- 7 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Parking Included in Price
- Unassigned Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- 4,356 Sq Ft Lot
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $2,000
- Water Sewer Expense $7,249
- Gross Income $83,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,387 | $42,974 | $6,815 | $36,159 |
| 2024 | $3,387 | $42,974 | $6,815 | $36,159 |
| 2023 | $3,302 | $16,001 | $5,523 | $10,478 |
| 2022 | $3,302 | $16,001 | $5,523 | $10,478 |
| 2021 | $3,228 | $15,999 | $5,522 | $10,477 |
| 2020 | $4,393 | $19,655 | $5,522 | $14,133 |
| 2019 | $4,554 | $22,592 | $5,522 | $17,070 |
| 2018 | $4,477 | $22,592 | $5,522 | $17,070 |
| 2017 | $4,224 | $19,556 | $4,935 | $14,621 |
| 2016 | $8,676 | $43,317 | $4,935 | $38,382 |
| 2015 | $7,938 | $43,317 | $4,935 | $38,382 |
| 2014 | $6,024 | $32,466 | $4,700 | $27,766 |
| 2013 | $5,905 | $32,466 | $4,700 | $27,766 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/05/2026 01/05/26 | For Sale | $800,000 | +1677.8% | -- | |
| 10/26/2016 10/26/16 | Sold | $45,000 | 0.0% | -- | View Prior Sale |
| 09/19/2016 09/19/16 | Pending | -- | -- | -- | |
| 09/16/2016 09/16/16 | For Sale | $45,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12541145
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