Fantastic opportunity to own a 3-unit building in the heart of North Lawndale! Whether you're an investor looking to maximize rental income or an owner-occupant seeking additional income potential, this property offers incredible flexibility and long-term value. Unit 1 features 2 bedrooms and 1 bathroom, while Units 2 and 3 each offer spacious 3-bedroom, 1-bath layouts with bright living spaces and functional floor plans. The property also includes a convenient coin-operated laundry area, a 2-car parking slab in the rear, and one unit is currently vacant, allowing the new owner to set market rents immediately or move right in. The other two units are tenant-occupied, providing immediate rental income. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major expressways, this is an excellent opportunity to add a turnkey multi-unit property to your portfolio.
— the listing agent’s description
The home
8 beds
3 baths
Built in 1908
Lot 25X130
Two to Four Units
What it’ll cost
$3,630 taxes / yr
No HOA
Listed $490,000
Now $480,000
29 days on dwello
Estimated monthly payment
$2,994/mo
Principal & interest$2,552
Property taxes$302
Homeowners insurance$140
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Forced AirBrickPublic SewerYesOwned
Schools nearby
Mason Elementary School · 0.2 mi
Hughes Elementary School · 0.3 mi
KIPP Ascend Middle School · 0.3 mi
William Penn Elementary School · 0.3 mi
Alexanders Beauty School · 0.4 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.