1242 South Lawndale, Chicago IL 60623
$485,000

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Property Description

Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof.Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are $4,760/ month.

Features & Information

Key Details

  • List Price $485,000
  • Property Taxes $1,982.52
  • Price/ Sq. Ft. Unavailable
  • Year Built 1920
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 20
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator
  • Unit 4 Stove, Refrigerator

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property South Down Independence Ave, East On Roosevelt And South On Lawndale
  • Schools

  • Elementary School District 152
  • Junior High District 152
  • High School District: 152
  • Property Taxes

  • Tax 1982.52
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 16231040290000

Utilities

  • Sewer Sewer-Publ

Listed by Lawrence Dunning for Main Street Real Estate Group | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/17/2025 12:02 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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