1234 S Millard Ave

Chicago IL 60623

0.06 ac.

Multi-Family

Last sold for $340,000

Satyanarayan Teeparti, last sold this property on 03 August 2026 after 88 days on market.

Overview

Gorgeous 3 level multi-family turnkey income producing home in hot North Lawndale neighborhood. First floor duplexes into finished basement with 2 bedrooms and 1 bathroom on first floor. Basement is finished with 2 additional rooms. Second floor has 3 bedrooms and 1 bathroom. 2026 renovations include new floors, new paint, new appliances, new kitchen cabinets, renovated bathrooms, new roof, new washer/dryer in each unit, new light and plumbing fixtures, exterior concrete and window maintenance. Fully fenced well groomed green backyard can be used for family gatherings and camp fires. Unit 2 is rented on a month to month lease to a long term family friendly section 8 tenant (current rent is about $1250/month with potential to increase). This rent may cover majority of your mortgage. Recently renovated unit 2 has passed two section 8 inspections in 2026. It has its own separate electricity and natural gas meters. Other recent updates include new furnace (2023) and water heaters (2024). Enclosed porch looks new with 2026 paint and provides additional space for storage at all 3 levels. Well placed windows provide abundant natural light in all floors, streamlined and open design provides summer breeze in both units. Walk to nearby restaurants and stores on Roosevelt avenue, close to bus stops and CTA train stations, ample street parking available on quiet block. Conveniently located just minutes from I-290 and approximately 10-15 minutes from downtown Chicago, this property offers easy access to major expressways, public transportation, parks, and city amenities. Listing agent is an Illinois Licensed Real Estate Professional and owns this property. All information provided is deemed informative but not guaranteed. Floor plan, room labels, square footage, room dimensions are estimates/suggestions. Buyer must perform their own due diligence to verify all information, including room counts, legal unit count, status, measurements, zoning. Seller and Listing Agent do not warrant the accuracy of data. This income-producing property won't last, reach out to your realtor to schedule a showing.

Features

4 bedrooms

2 bathrooms

0.06 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 1234 S Millard Ave is $267.5k.

Median value

$267.5k

Estimated value range

$70k - $485k

Median days on market

Estimated value trend

64%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1234 S Millard Ave

2026

Sold

$340,000

03 Aug 2026 by Satyanarayan Teeparti, of Keller Williams Infinity

2012

Sold

$26,549

12 Dec 2012 by Jason Shapiro, of RISING REALTY LLC

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.