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Price cut: $30,000
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Two to Four Units · Chicago, IL
$295,000$325,000
8 beds · 4 baths
401 N Leamington Avenue, Chicago, IL, 60644
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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 building includes a partially finished basement with two additional units. 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.
— the listing agent’s description

The home

8 beds
4 baths
Built in 1925
Lot 127.5x35.2
Two to Four Units

What it’ll cost

$7,135 taxes / yr
No HOA
Listed $325,000
Now $295,000
72 days on dwello

Estimated monthly payment

$2,250/mo
Principal & interest$1,569
Property taxes$595
Homeowners insurance$86
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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72 days on dwello
Price history
Price reduced
Aug 13, 2026
↓ $30,000$295,000
Listed for sale
Jun 4, 2026
$325,000
Now $30,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$7,135/yr
Assessed value
2025
County assessor
$34,000~$340,000 mkt
2024
$34,000~$340,000 mkt
2023
$24,001~$240,010 mkt
2022
$24,001~$240,010 mkt
2021
$24,001~$240,010 mkt
2020
$18,111~$181,110 mkt
2019
$20,581~$205,810 mkt
2018
$20,581~$205,810 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBrickPublic Sewer
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Anthony Kirkland · Coldwell Banker Realty
Listing last updated Aug 13, 2026 · data refreshed from the MLS Aug 13, 2026, 5:08 AM CT
Based on information submitted to the MLS GRID as of Aug 13, 2026, 5:08 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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