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1504 South Hamlin Avenue

Chicago IL 60623

9
5
2
0.07 ac.
Multi-Family
Currently for sale - view listing

Overview

Excellent opportunity to acquire a fully occupied, income-producing brick 3-unit property in North Lawndale. All three units offer 3 bedrooms, with two units featuring 1.5 baths and the third offering 1 full bath. Each spacious unit features hardwood flooring, generous living areas, abundant natural light, updated kitchens with white cabinetry and tile backsplash, and stainless steel appliances. Recent improvements include updated baths and mechanicals, including newer furnaces and water heaters. Separate utilities help simplify ownership, while the fully occupied building provides immediate rental income from day one. Conveniently located near public transportation, neighborhood amenities, and major thoroughfares. A strong addition to an investor's portfolio with solid existing income and long-term potential. Please see broker remarks for financial details and showing instructions.

Features

9 bedrooms
5 bathrooms
2 carspaces
0.07 ac. lot size
Multi-Family

Property history for 1504 South Hamlin Avenue

2021
Sold
$400,000
22 Dec 2021 by Jonathan Garrity, of PIP Realty Group
2021
Sold
$140,000
06 Jan 2021

Happy sellers in Chicago

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Local market activity for 9 bedroom multi families in Chicago

In the last 12 months, 22 nine-bedroom multi families similar to 1504 South Hamlin Avenue, have been sold.

This represents a 19% increase in nine-bedroom multi families sales when compared to the previous 12 months.

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