1504 S Hamlin Avenue, Chicago IL 60623
$529,900

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Property Description

Excellent opportunity to acquire a fully occupied, income-producing brick 3-unit property in North Lawndale. This well-maintained building features three spacious 3-bedroom residences offering consistent layouts and finishes throughout. Each apartment features beautiful hardwood flooring, generous living space, abundant natural light, updated kitchens with white cabinetry, tile backsplashes, and stainless steel appliances, along with updated baths and classic Chicago architectural character. All three units are currently tenant-occupied, providing immediate rental income from day one. Convenient West Side location with easy access to public transportation, major thoroughfares, neighborhood amenities, and I-290. Nearby parks provide additional green space and recreation. A solid opportunity for an investor seeking an occupied multifamily asset with updated interiors and established rental income. Don't miss the opportunity to add a classic Chicago brick building to your portfolio.

Features & Information

Key Details

  • List Price $529,900
  • Property Taxes $2,964
  • Year Built 1925
  • Status New
  • List Market Time 3

Units

  • Unit 1

  • Floor 2
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 2

  • Floor 3
  • Rooms 8
  • Beds 3
  • Baths 1.1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 3

  • Floor 3
  • Rooms 8
  • Beds 3
  • Baths 1.1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Head East Or West On 16th St Towards Avers Ave. Turn North Onto Avers. Turn East Onto 15th. Turn South Onto Hamlin. Property Will Be On The West Side Of The Street.
  • Schools

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

  • Tax 2964
  • Tax Year 2023
  • Parcel Identification Number 16231250130000

Listed by DeWayne Jefferson for EXIT Strategy Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/14/2026 2:02 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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