4312 W Cullerton St Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $1,002/month
About This Home
Investor & Owner-Occupant Opportunity - Classic Chicago Brick 2-Unit with Massive Upside Attention investors, rehabbers, contractors, and savvy homebuyers looking to build serious equity. This solid brick 2-unit building offers an incredible opportunity for both experienced investors and owner-occupants looking to customize their dream home while generating rental income. The property features 5 total bedrooms and 3 full bathrooms and is ready for complete renovation giving the next owner the ability to redesign the property exactly how they want. Also, during the renovation the new owner will be able to add another bedroom to the second unit to make this a fabulous 6 bedroom 3 bathroom property. Perfect for Owner-Occupants Using Renovation Financing This property is also a rare opportunity for an owner-occupant to purchase a multi-unit property, renovate it to their personal taste, and create instant sweat equity. Buyers using renovation financing programs such as FHA 203(k) or HomeStyle Renovation loans may have the opportunity to: * Live in one unit and rent the second unit * Use rental income to help offset the mortgage * Build long-term equity while generating income * Over half of housing expenses could be offset by rental income from the second unit after renovation. Property requires a FULL GUT REHAB. Sold AS-IS "Seller will review highest and best offers within 7 days of listing date March 26, 2026."
Listing Agent
eXp Realty Brokerage Phone: (312) 809-5166 License #475193366 Listed on: 03/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,694
Year Built
- Built in 1914
Lot Details
- Lot Dimensions are 30x125
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
- 2 Unit
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 | $1,694 | $23,001 | $5,438 | $17,563 |
| 2024 | $1,694 | $23,001 | $5,438 | $17,563 |
| 2023 | $1,651 | $8,000 | $4,195 | $3,805 |
| 2022 | $1,651 | $8,000 | $4,195 | $3,805 |
| 2021 | $1,614 | $8,001 | $4,196 | $3,805 |
| 2020 | $2,217 | $9,920 | $4,406 | $5,514 |
| 2019 | $2,299 | $11,403 | $4,406 | $6,997 |
| 2018 | $2,260 | $11,403 | $4,406 | $6,997 |
| 2017 | $3,602 | $16,673 | $3,937 | $12,736 |
| 2016 | $3,339 | $16,673 | $3,937 | $12,736 |
| 2015 | $3,055 | $16,673 | $3,937 | $12,736 |
| 2014 | $2,963 | $15,967 | $3,750 | $12,217 |
| 2013 | $2,904 | $15,967 | $3,750 | $12,217 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | Pending | -- | -- | -- |
| 03/25/2026 03/25/26 | For Sale | $159,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12588252
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Ask me questions while you tour the home.