1528 S Spaulding AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60623
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12403997
Bedrooms 8
Year Built 1896
Annual Tax Amount $2,011
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.
Location
State IL
County Cook
Area Chi - North Lawndale
Interior
Heating Forced Air
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition None