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$ 485,000
Est. payment | /mo
6 Beds
4 Baths
$ 485,000
Est. payment | /mo
6 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12457055
Bedrooms 6
Year Built 1893
Annual Tax Amount $1,799
Tax Year 2023
Lot Dimensions 25x124
Property Sub-Type Two to Four Units
Property Description
Turnkey three-unit Graystone in North Lawndale offering solid cash flow and modern updates throughout. Fully finished, non-conforming basement adds additional living space and flexibility. Each level features contemporary finishes, recessed lighting throughout, updated kitchens with granite countertops, new stainless-steel appliances, 1st and 2nd floor units offer luxury vinyl flooring and new WDs. Separate utilities, new roof, three new furnaces, and three new tank-less water heaters installed 2024. Current rents total $4,938/month (1st floor $1,538 | 2nd floor $2,200 | lower level $1,200). Rear fenced yard with new carport and assigned parking off alley. Less than 1/2 block to the Pink Line straight to downtown, minutes from I290, and steps to Douglass Park. Rare, cash-flow investment opportunity with upside in an appreciating corridor.
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Stone, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lolita Schalekamp of Baird & Warner
GET MORE INFORMATION
Michael Bempah
Broker | License ID: 475.175881
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