2849 S Kolin Avenue, Chicago IL 60623
Property Description
Turnkey 2-unit investment opportunity in the heart of Little Village-perfect for investors or owner-occupants looking to generate income in a high-demand rental area. This well-maintained property features separate utilities, individual furnaces, and central AC for each unit, making it both efficient and tenant-friendly. Major updates include roof (2019), furnaces (2019), central AC (2020), and a newer water heater (2025)-offering peace of mind and reduced maintenance moving forward. Located just minutes from the CTA Orange Line, providing direct access to Downtown Chicago and Midway Airport-a major draw for tenants and commuters. Conveniently near the vibrant 26th Street corridor, known for its shopping, dining, and local businesses, along with easy access to I-55 for seamless travel throughout the city. Surrounded by parks, schools, and everyday amenities, this property sits in a high-demand rental pocket with strong long-term growth potential.
Features & Information
Key Details
- List Price $315,000
- Property Taxes $4,009
- Year Built 1900
- Status Contingent
- List Market Time 156
Units
-
Unit 1
- Floor 1
- Rooms 4
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Washer, Microwave, Hardwood Floors
- Rent $1,500/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires MTM
-
Unit 2
- Floor 2
- Rooms 4
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Hardwood Floors
- Rent $1,500/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 12/26
Exterior Features
-
Parking
- # of Cars: 3
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property From South Pulaski Road, Head East On 31st Street, Then Turn Right (south) Onto South Kolin Avenue And Continue To 2849 S Kolin Ave.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4009
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 16274170200000
Listed by Lance Ellazar for Realty of America, LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/5/2026 3:32 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.
Explore Little Village
Little Village, or South Lawndale as it was formerly known, is an area ripe with culture. Today it is a predominantly Mexican-American neighborhood, but in years past it has been host to ethnic groups such as Italians, Czechs, Irish, Croatians and Slovenians. These days, Little Village is fast becoming a popular neighborhood for young families looking for quality housing at affordable prices. New condominiums and vintage flats are a big draw for first-time homebuyers, while detached homes and brick bungalows catch the eye of families and folks who like a little more space. The neighborhood's strong Hispanic heritage is apparent in the multitude of excellent Mexican restaurants, Spanish-named stores and specialty grocery items you can get here. And there is no doubt Little Village residents take pride in their roots when the Mexican Independence Day Parade comes through each year, serenaded by mariachi bands and a sea of spectators dressed in Mexico's colors – red, white and green.
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