2615 S Lawndale Avenue, Chicago, IL 60623
Cook County
Key Facts
Description
We are pleased to present an excellent multi family/medical/office investment opportunity with many possibilities. The subject property is located in Chicago's densely populated "Little Village" neighborhood near the intersection of 26 Street and Lawndale Avenues on 2615-17 South Lawndale Avenue in Chicago Illinois. The subject property is positioned in a mixed-use/retail, and residential city settings zoned B3-2. This is a 6-unit, consisting of five (6) 2-3Bed/1Bath apartments 5,500 SF bldg and 6,144 SF parcel with full basement, gated and secure 15 car parking and a 2 car garage. All units are separately metered. The subject property offers quick and easy access to I-55, I-290, I-90/94 Exp., and major thoroughfares such 26th Street, 22nd Street (Cermak Road) Cicero & Archer. A future investor has an excellent opportunity to acquire a well positioned investment property in a swiftly appreciating sub-market with the capability to add-value via in-unit modernization.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1895
Stories
3
Living Area
5,500 sq ft
Lot Size
0.14 acres
Lot Dimensions
48X128
Parking Spaces
15
Days on Market
160
MLS® Listing#
10629831
Property Features
Basement
Construction
Foundation
Financial Details
Annual Taxes
$6,562
Tax year 2018
Parcel Number
16263060040000
Directions
South of West 26th Street on South Lawndale Ave., in Little Village
Affordability Calculator
$97,800
Estimated monthly payment
$2,603/mo
Principal $391,200 · Est. interest $545,759 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 26% above the area median.
- Its price per sq ft is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Little Village Elementary School
Elementary · 0.1 mi away
St. Agnes of Bohemia School
School · 0.1 mi away
Castellanos Middle School Rosario
Secondary · 0.2 mi away
Chicago Public Schools
Elementary · 0.3 mi away
Ortiz de Dominguez Elementary School
Elementary · 0.4 mi away
Chicago Public Schools
Secondary · 0.4 mi away
Morton West High School
Secondary · 0.4 mi away
Whitney Elementary School
Elementary · 0.5 mi away
McCormick Elementary School
Secondary · 0.5 mi away
Farragut Career Academy High School
Secondary · 0.6 mi away
Crown Community Academy
Elementary · 0.6 mi away
Epiphany Catholic School
Elementary · 0.7 mi away
Saint Anthony Hospital Center
School · 0.8 mi away
Kanoon Elementary Magnet School
Elementary · 0.8 mi away
Corkery Elementary School
Elementary · 0.8 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Community links High School
Secondary · 0.9 mi away
Emiliano Zapata Elementary Academy
Elementary · 1.0 mi away
Chicago Public Schools
School · 1.0 mi away
Legacy Charter School
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7201 S Wood Street, Chicago, IL | $344,900 | 3 | 3 | 2,816 |
| 7526 S Honore Street, Chicago, IL | $344,900 | 2 | 2 | 1,250 |
| 7952 S Elizabeth Street, Chicago, IL | $344,900 | 4 | 3 | 2,084 |
| 4105 S Drexel Boulevard 1SR, Chicago, IL | $344,900 | 3 | 3 | — |
| 3550 N Lake Shore Drive 806, Chicago, IL | $344,900 | 2 | 1 | — |
| 2 E Erie Street 3014, Chicago, IL | $344,900 | 1 | 1 | 785 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Baird & Warner - 3126407010
Last Updated: 2020-02-06