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Image 1 - 1500 South Lawndale Avenue, Chicago, IL 60623, USA - House for sale
Image 2 - 1500 South Lawndale Avenue, Chicago, IL 60623, USA - House for sale
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Image 4 - 1500 South Lawndale Avenue, Chicago, IL 60623, USA - House for sale
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Home For Sale In Chicago, Illinois
1500 South Lawndale Avenue, Chicago, IL 60623, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 02/11/24

1500 South Lawndale Avenue, Chicago, IL 60623, USA

Studio Bed:
4 Bath:
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Price
$ 669,899

About This House

1500 S.Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th bonus apartment! Currently configured with a pair of big3BR 1BAunits, 6 nicely sized2BR/1BAapartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). Please note: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!

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North Lawndale Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.