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52 Properties Within 0.5 miles of: 1621 S Lawndale, Chicago

1621 S Lawndale
Chicago, IL 60623

  • Built In 1905
Price

$715,948

Est Payment
$4,059 / month (details)  
Taxes
$4,087  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
24X125  
Built
1905  
Neighborhood
Lawndale  
MLS
#12754144
Status
Active (3 days)

Property Description

Exceptional opportunity to acquire a fully renovated six-unit brick multifamily property in Chicago's North Lawndale neighborhood. Situated on a 24 125 lot, the building offers approximately over 5000 SQF of a desirable unit mix of five 2-bedroom/1-bath apartments and one 3-bedroom/1-bath apartment. Delivered vacant, the building gives its next owner immediate control over tenant selection, lease terms, and management while providing the opportunity to lease each apartment at current market rents. Improvements include modern kitchens, renovated bathrooms, updated flooring, fresh finishes, and upgrades throughout. The unfinished basement provides additional storage and potential future value-add opportunities, subject to buyer due diligence and municipal approval. Conveniently located near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers. Ideal for an investor expanding a multifamily portfolio, completing a 1031 exchange, or seeking a renovated asset positioned for immediate lease-up. Offering Memorandum, projected rents, financial analysis, renovation information, and additional due-diligence materials are available upon request.

Property Map

Property Details

Utilities

  • Heating
  • Cooling None
  • Water Municipal Water
  • Sewer

Additional Information

Payment Calculator

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

Listing History

09-09-2026 Listed at $715,948
Last Modified 9/9/26 8:17 AM

Nearby Transportation

  • Bus 18 < 0.1 mi
  • Bus 82 0.1 mi
  • Bus 157 0.3 mi
  • Bus 53 0.4 mi
  • Bus 21 0.5 mi
  • Bus 12 0.5 mi
  • Bus 52 0.6 mi
  • Bus 60 1.0 mi
  • Bus 7 1.0 mi
  • Bus 94 1.1 mi
  • Bus 126 1.1 mi
  • Bus 54B 1.2 mi
  • Pink Line 0.3 mi
  • Blue Line 1.2 mi
  • I 290 East 1.1 mi
  • I 290 West 1.1 mi
  • I 55 South 2.1 mi
  • I 55 North 2.1 mi
  • I 90 East 3.7 mi
  • I 94 East 3.7 mi
  • I 90 West 3.8 mi
  • I 94 West 3.8 mi
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