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21 Properties Within 0.5 miles of: 1315 S Kolin, Chicago

1315 S Kolin
Chicago, IL 60623

  • 8 Beds
  • Built In 1918
Price

$699,000

Est Payment
$3,895 / month (details)  
Taxes
$2,270  
Beds
8  
Rooms
20  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25 X 125  
Built
1918  
Neighborhood
Lawndale  
MLS
#12362367
Status
Active (5 days)

Property Description

Welcome to 1315 S Kolin Ave, a meticulously renovated brick multi-unit property in the heart of North Lawndale, offering the perfect blend of luxury, function, and income potential. This legal 3-flat features a fully finished 4th unit garden apartment, making it a 4-unit income-producing powerhouse-ideal for both investors and house hackers alike. Currently, the garden unit is leased at $1,800/month, while the three upper units are fully updated and available for immediate lease or occupancy. Live in one unit and rent out the other two for $1,800/month each, generating a total of $5,400/month in rental revenue-more than enough to cover your mortgage and household expenses. This is a golden opportunity to live affordably while building wealth through real estate. The renovation of this property was nothing short of miraculous-no detail was overlooked and no system untouched. Everything is brand new: electrical, plumbing, HVAC, roof, windows, kitchens, bathrooms, flooring, and finishes. Each of the four spacious 2-bedroom, 1-bath units features modern shaker cabinetry, sleek countertops, in-unit laundry, stainless steel appliances, and separate central air and heating systems-ensuring privacy and comfort for every resident. Outside, a new concrete parking pad accommodates multiple vehicles and is secured by a 6-foot privacy fence with a rolling gate. Located in the up-and-coming North Lawndale neighborhood, the property is close to public transit, parks, schools, and shopping. Whether you're an owner-occupant seeking to house hack or an investor looking for strong cash flow and a fully turn-key building, 1315 S Kolin Ave is a rare opportunity you don't want to miss.

Property Map

Property Details

Utilities

  • Heating None
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
4 Parking Spaces, On Site, Owned
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-30-2025 Listed at $699,000
Last Modified 6/5/25 12:05 AM

Nearby Transportation

  • Bus 12 0.2 mi
  • Bus 18 0.3 mi
  • Bus 53 0.4 mi
  • Bus 7 0.5 mi
  • Bus 54 0.6 mi
  • Bus 157 0.8 mi
  • Bus 57 0.8 mi
  • Bus 21 0.8 mi
  • Bus 54B 0.9 mi
  • Bus 126 0.9 mi
  • Bus 82 0.9 mi
  • Bus 60 1.0 mi
  • Bus 20 1.2 mi
  • Pink Line 0.7 mi
  • Blue Line 0.8 mi
  • I 290 East 0.6 mi
  • I 290 West 0.9 mi
  • I 55 South 2.8 mi
  • I 55 North 2.8 mi
  • I 90 East 4.5 mi
  • I 94 East 4.5 mi
  • I 90 West 4.5 mi
  • I 94 West 4.5 mi
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