$1,125,000
SOLD MAR 3, 2026
12 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot Lot

Sale Details

Date Sold: March 3, 2026

2% Below List Price

24 Days on Market

About This Home

As of March 2026

6315 N Lakewood Ave is located on an extra wide lot boasting spacious 4 bedroom units on each floor. These units are exactly what you imagine when you think of a classic Chicago three flat. Numerous updates include a tear off roof within the last 10 years, vinyl windows, new facade and tuckpointing in the front, newer electrical service, newer boiler and water heaters, storage in the basement, a 3-car garage out back, and a 100% occupied building. Located close to Loyola University and Lake Michigan, you will have no problem renting these units out. Current annual income totals $102k! Also available for purchase from the same ownership are two more 3 flats - 6336 N Magnolia Ave (Chicago) & 624 Clark St (Evanston). Qualified buyers only. Please review financials before setting up a showing. PROPERTY HAS ADDITIONAL LEASES SIGNED FROM 2026-2027 - NO USER POTENNTIAL IN NEAR FUTURE.

Last Agent to Sell the Property

John Preston

Horvath & Tremblay IL, LLC License #475188524 Listed on: 01/05/2026

Last Buyer's Agent

Jason Smith

Hoffman Realtors LLC License #475180201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,470

Year Built

  • Built in 1908

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34x125

Parking

  • 3 Car Detached Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Septic Type Unknown

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $287
  • Fuel Expense $4,540
  • Insurance Expense $4,400
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,667
  • Gross Income $102,000
  • Net Operating Income $69,827

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,470

Year Built

Built in 1908

Lot Details

4,356 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Exterior Entry, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 12
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Unknown
  • Heating: Natural Gas, Radiant
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1667
  • Other Expenses $: 3810
  • Trash Expense Year: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 34x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 69827
  • Fuel Expense: 4540
  • Insurance Expense: 4400
  • ElectricExpense: 287
  • GrossIncome: 102000
  • Maintenance Expense: 2000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 15470.11
  • Tax Year: 2024
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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 List to Sale Price per Sq Ft
03/03/2026 03/03/26 Sold $1,125,000 -2.2% --
01/29/2026 01/29/26 Pending -- -- --
01/05/2026 01/05/26 For Sale $1,150,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12541044

Midwest Real Estate Data (MRED)
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