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Property Description

Bring your vision to life with this unique brick multifamily investment opportunity on a prominent corner lot in Chicago's Austin neighborhood. Currently configured as a 4-unit property and situated on two PINs, the basement is partially finished with 2 possible in-law units. Subject to zoning, permitting, and municipal approval. Fully vacant and ready for renovation, this property provides investors and developers with the advantage of immediate access to reimagine, restore, and create value from the ground up. Solid brick construction, corner-lot visibility, and significant value-add potential make this a compelling opportunity to invest in the future. Plant a seed and watch it grow as you unlock the possibilities of this well-positioned asset. Property is being sold as-is. Buyer is responsible for all inspections, due diligence, and verification of all information.

Features & Information

Key Details

List Price $325,000
Property Taxes $7,134.64
Price/ Sq. Ft. Unavailable
Year Built 1925
Status Active

Building Information

Age of Building Older
Heating & Cooling Gas

Location

County Cook
Directions to Property Lake Street N On Laramie, W On Kinzie, N On Leamington

Property Taxes
Tax 7134.64
Parcel Identification Number 16092250170000

Listed by: Coldwell Banker Realty | Phone: 708.424.4000
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/9/2026 7:32 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 South Austin

With wide boulevards, plenty of park space, inexpensive housing and convenient transportation options, South Austin is a Chicago neighborhood on the rise. Civic organizations are an active part of South Austin's community culture, working with residents and local businesses to revitalize the area and create an attractive and pleasant environment. A classic farmer's market sets up shop in the heart of South Austin every week during the warm weather months, and year round recreational activities are always going on at the neighborhood's popular Columbus Park fieldhouse. A nine-hole golf course makes it easy for South Austiners to keep those tee times and summertime movies and concerts in the park are a great evening event for the whole family to enjoy.

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