1615 South Trumbull, Chicago IL 60623
$285,000

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Property Description

Welcome to 1615 S Trumbull Ave, a solid brick 2-flat located in the rapidly appreciating North Lawndale community, just moments from Douglas Park, local retail corridors, and multiple transit options. This property offers both immediate upside and long-term growth, making it an excellent opportunity for investors, developers, or owner-occupants looking to build equity. The building features spacious units, generous bedroom counts, a driveway, and a layout ideal for rental income or a future renovation project. Previous rents were significantly below market, creating a clear value-add opportunity to increase cash flow. For those considering a flip, newly renovated comparables are trading north of $500K, and brand-new construction 3-unit buildings are expected to break ground on the block in 2026 with projected pricing above $700K+. Residents will enjoy easy access to parks, schools, grocery, and major commercial corridors, as well as a short commute to the Loop (approx. 5.5 miles) and Chicago's lakefront (approx. 6 miles). Whether you're looking to hold as a rental, complete a full renovation, or explore a luxury redevelopment strategy, this property sits in a location poised for continued growth.

Features & Information

Key Details

  • List Price $285,000
  • Property Taxes $1,800
  • Price/ Sq. Ft. Unavailable
  • Year Built 1903
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 14
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  4

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Refrigerator, Washer

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property From I-290 (eisenhower Expy), Exit At Kedzie Ave. Head South On Kedzie Ave, Then Turn Right (west) On W 16th St. Continue To S Trumbull Ave And Turn Left (south). The Property Is Located On The East Side Of The Street.
  • Schools

  • Elementary School District 299
  • School Name Crown Elementary School C
  • Junior High District 299
  • School Name Crown Elementary School C
  • High School District: 299
  • School Name Farragut Career Academy S
  • Property Taxes

  • Tax 1800
  • Tax Year 2023
  • Parcel Identification Number 16234030040000

Utilities

  • Sewer Sewer-Publ

Listed by: Berkshire Hathaway HomeServices Chicago | Phone: 708.848.5550
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/31/2025 2:32 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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