1856 South Lawndale, Chicago IL 60623
- Units 2
- Total Beds 11
- Total Baths 3
- Taxes $3,589
- Payment Estimate View Mortgage Calculator
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Property Description
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!
Features & Information
Key Details
- List Price $465,000
- Property Taxes $3,589
- Price/ Sq. Ft. Unavailable
- Year Built 1903
- Parking Type Space/s
- Status Contingent
Rooms
- Total Rooms 15
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 6
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Stone
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property West On 16th To S 1856 S Lawndale Ave
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3589.00
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 16233130480000
Utilities
- Sewer Sewer-Publ
Listed by Mario Zelaya for eXp Realty, LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/28/2025 12:32 AM. 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.

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