1528 South Spaulding, Chicago IL 60623
$225,000

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Property Description

Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.

Features & Information

Key Details

  • List Price $225,000
  • Property Taxes $2,011
  • Price/ Sq. Ft. Unavailable
  • Year Built 1896
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 14
  • Basement F

Exterior Features

  • Parking

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

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Forced Air
  • Units

  • Unit 1 None
  • Unit 2 Stove, Refrigerator, Washer, Dryer

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Kedzie North Or South To 16th Street West To Spaulding And Right To The Address.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2011
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 16232270310000

Utilities

  • Sewer Sewer-Publ

Listed by Yolanda Davis for Realty Boutique | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/6/2025 7:02 PM. 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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