401 N Leamington Avenue, Chicago, IL 60644
Cook County
Key Facts
Description
Bring your vision to life with this unique brick multifamily investment opportunity on a prominent corner lot in Chicago's Austin neighborhood. Currently configured as a 4-unit property and situated on two PINs, the building includes a partially finished basement with two additional units. Fully vacant and ready for renovation, this property provides investors and developers with the advantage of immediate access to reimagine, restore, and create value from the ground up. Solid brick construction, corner-lot visibility, and significant value-add potential make this a compelling opportunity to invest in the future. Plant a seed and watch it grow as you unlock the possibilities of this well-positioned asset. Property is being sold as-is. Buyer is responsible for all inspections, due diligence, and verification of all information.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1925
Lot Dimensions
127.5x35.2
Ownership
Fee Simple
Days on Market
41
MLS® Listing#
12667668
Property Features
- Heating:
- Natural Gas
- Basement:
- Partially Finished, Full
- Construction:
- Brick
- Community:
- Park, Curbs, Sidewalks, Street Lights
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $7,135 (2024)
- Parcel #:
- 16092250160000
Directions
Lake Street N on Laramie, W on Kinzie, N on Leamington
Affordability Calculator
$61,000
Estimated monthly payment
$1,623/mo
Principal $244,000 · Est. interest $340,402 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $389,939
- Median Listing Price
- 45
- Median Days on Market
- 1,444
- Median Sq Ft
- $273
- Median Price / Sq Ft
- 4,582
- Active Listings
- This home’s price is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
- 401 N Leamington Avenue, Chicago, IL 60644
Nearby Schools
Moving Everest Charter School
Elementary · 0.1 mi away
Spencer Technology Academy Elementary School
Elementary · 0.3 mi away
St Martin de Porres School-Leclaire
School · 0.4 mi away
Kipp Create College Prep
Secondary School · 0.4 mi away
Chicago Public Schools
Elementary · 0.5 mi away
Chicago Public Schools
Elementary · 0.5 mi away
Austin Community Academy High School
Secondary · 0.5 mi away
San Miguel School
School · 0.5 mi away
McNair Elementary Community Academy
Elementary · 0.6 mi away
Austin Career Education Center
School · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
The Field School
School · 0.7 mi away
Ellington Elementary School
Elementary · 0.7 mi away
Catalyst Circle Rock
School · 0.7 mi away
Chicago Public Schools
School · 0.7 mi away
Douglass Academy High School
Secondary · 0.7 mi away
Chicago Jesuit Academy
School · 0.7 mi away
Christ the King Jesuit College Preparatory School
Secondary School · 0.8 mi away
Chicago Public Schools
School · 0.8 mi away
Ronald E McNair Elementary School
Elementary · 0.8 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Coldwell Banker Realty - 7084244000
Last Updated: 2026-06-03