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$465,000
New Listing

1856 S Lawndale Avenue
Chicago, IL 60623

For Sale|Multi Family|Active
11
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1903
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty, LLC
Call Now: 888 276-6050
Is this the home for you? We can help make it yours.
888 276-6050
1856 S Lawndale Avenue1856 S Lawndale Avenue1856 S Lawndale Avenue1856 S Lawndale Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$2,122
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Classic Greystone with a finished garden unit located in the fast growing North Lawndale neighborhood and 6 Min walk to Pink Line (Ogden-Central Park) Perfect Investment opportunity. Features a grand total of 11 bedrooms, 3 bathrooms across three levels, and 6 parking spaces. The rental income and room for more exceeds the estimated mortgage, taxes, and insurance. You'll enjoy positive cash flow! Also qualifies for 4-bedroom vouchers, so there's great potential for the new owner to request a rental increase through CHA, providing a significant boost to your monthly cash flow. Ideal if you're looking to live in one unit and rent out the others or maximize returns with a fully rented building, the strong local rental market and promising future makes this a savvy investment for seasoned investors and first-time multi-family buyers alike. Given the current market trends and comparable rental properties in the area, rent adjustments are in your favor, enhancing your return on investment. Located near the rapidly expanding Illinois Medical District, this property benefits from increased housing demand driven by thousands of new jobs and substantial economic growth. Local industrial sites are being repurposed for community benefit. Shops, eateries, and facilities are revitalizing commercial corridors and enhancing everyday convenience for residents. Don't miss your chance to grab a prime piece of real estate in an area on the rise!! It's time to make a move to have you set for years to come!

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Listing Snapshot
Price 
$465,000
Days On Site 
0 Days
Bedrooms 
11
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1903
MLS® Number 
12327596
Status 
Active
Property Tax 
$3,589
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
24 hours agoListing first seen on site
General Features
Parking 
OversizedOn Site
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Greystone
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
FinishedExterior EntryFull
Cooling 
Ceiling Fan(s)
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Stone
Community Features
MLS Area 
CHI - North Lawndale
School District 
299
Township 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty, LLC



Based on information submitted to the MLS GRID as of 2025-04-04 04:06 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-04 04:06 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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