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1307 S Lawndale Ave , Chicago, IL 60623
$397,000
Est. Payment: $2,130.09/mo
12 Bed
3 Bath
Status: contingent | Days on site: 27
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8495 - 84671,1008934
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House Description

Rarely available, TRUE 3 story, 3 unit building with a basement in Hot North Lawndale. Perfect for live-in owner or investor. $5K monthly rental potential now, but could be more with basement possibilities. Gut rehab in 2001, since then remodeled to rent, and easy to rent. Each massive (1600SF+) unit features 4 NATURAL bedrooms per floor. The high and dry unfinished basement offers separate ingress and egress, waiting for your ideas. Separate gas forced air furnaces in all 3 units, 2nd and 3rd floor have washer/dryer and newer hot water tanks in unit. 2nd floor completely remodeled and will be rented soon (currently listed for rent). 3rd floor vacating soon, and will be rented soon after some work...or buy it and pick your own tenants. 1st floor needs the most work, as they have been here 27 years. If no offer by the time I rent 2nd and 3rd floor, I will remove from the market and list again next year, totally rented and finished. Recently tuck pointed, roof newly white coated and hall way freshly painted. Decorative fireplaces in all 3 units. Visual colored camera system in and around the property. Yard mostly fenced in. Storage shed on rear south end of property for supplies. Wrought iron security gate for front access. North and South lots owned by the City of Chicago. Reasonably near United Center, Medical District, Schools (bus service), shopping, parks, hospitals, churches, I290, CTA, El and Metra. Owner/Seller is a Illinois Licensed Real Estate Broker. Priced within the market.

Highlights

Listed by Andy Gerakaris , 773-251-0746 Ziggy Realty and Builders , 773-545-4400. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1924

County

Cook

Area

CHI - North Lawndale

School District

299

Listing ID

12770671

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:3
Basement:Unfinished,Exterior Entry,9 ft + pour,Concrete,Full,Walk-Out Access
Water:Lake Michigan

Exterior Features

Lot Dimensions:25 X 125
Garage Capacity:2
Zoning:MULTI
Sewer:Public Sewer
Parking Features:Off Alley,Alley Access,Yes,Owned
Principal Interest
$2,130
Taxes
$486

Home Price

$397,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$79,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,130.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,130.09 $486.34 $0.00 $2,616.43
Yearly $25,561.11 $5,836.06 $0.00 $31,397.17
Total $766,833.16 $175,081.80 $0.00 $941,914.96
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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