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Image 1 - 1444 South Trumbull Avenue, Chicago, IL 60623, USA - House for sale
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Home For Sale In Chicago, Illinois
1444 South Trumbull Avenue, Chicago, IL 60623, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 02/17/24

1444 South Trumbull Avenue, Chicago, IL 60623, USA

Studio Bed:
2 Bath:
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Price
$ 809,900

About This House

Proud to present a contemporary 9 unit multifamily property situated at1444 S.Trumbull Ave in the vibrant North Lawndale neighborhood of Chicago, IL. The property is situated in the thriving North Dawndale community of Chicago, IL, a strategically located area with potential for growth. The neighborhood offers a mix of residential and commercial spaces, providing a balanced and desirable living environment. The property presents a moderate value-add opportunity, allowing for strategic improvements to enhance overall asset value. Implementing targeted renovations and upgrades can lead to increased rental income and improved tenant satisfaction. A diverse unit mix of 2-bedroom and 3-bedroom units caters to a broad tenant demographic, providing flexibility in attracting and retaining residents. The property's attractive 9.10% cap rate positions …  Full description

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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.