Pending price: $465,000
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
11 |
— |
1903 |
— |
0 |
$3,589 |
53 days |
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!
Listing courtesy of eXp Realty, LLC
1856 S Lawndale Ave. is a multi-unit home built in 1903, and is located in Chicago, IL, in the North Lawndale neighborhood. It has 11 bedrooms and — bathrooms, and has annual property taxes of $3,589.
Marco Amidei
(888) 32-Marco (847) 630-4886
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