For Sale

Listed by Annette Shelton

Source: Midwest Real Estate Data, LLC #12723416

1505 South Kolin Avenue, Chicago, IL, 60623

$625,000

8
3
3

MultiFam

•

What's around 1505 South Kolin Avenue

About this property

**Exceptional Four-Unit Investment Opportunity!** Completely transformed from top to bottom, this extensively gut-rehabbed property has been legally rezoned & permitted for four residential units. Nearly every system and surface has been replaced, offering the appeal of modern construction within an existing building. Major improvements include a stunning new brick front facade, new roof, new rear porches, all-new electrical and plumbing systems, new HVAC with separate furnaces and tankless water heaters for each unit, new windows, flooring, kitchens, and beautifully designed bathrooms. No detail has been overlooked in this remarkable transformation! The first floor features 2 bedrooms and 1 bathroom, while the second and third floors each offer 3 bedrooms and 1 bathroom. A fourth residential unit is currently being completed in the full basement, creating additional rental income potential. Each residence showcases contemporary finishes, spacious living areas, and modern conveniences designed for today's lifestyle. Whether you're a savvy investor seeking to expand your portfolio or an owner-occupant looking to live in one unit while generating rental income from the others, this property presents an exceptional opportunity. With extensive capital improvements, multiple income streams, and long-term investment potential.This is a property you won't want to miss. Schedule your private showing today!

Looking for more information on 1505 South Kolin Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$499,000
2435 S Drake Ave
Chicago IL 60623
8
3
3
Multi-Family
Listing courtesy of Forte Properties, Inc.
For Sale
$800,000
1856 South Avers Avenue
Chicago IL 60623
8
6
3
Multi-Family
Listing courtesy of Chicago Real Estate Resources
For Sale
$469,900
1233 S Spaulding Ave
Chicago IL 60623
8
3
2
Multi-Family
Listing courtesy of Kale Realty

Other properties for sale by Baird & Warner

Under Contract
$150,000
6240 South Francisco Avenue
Chicago IL 60629
4
2
2
Single-Family
Listing courtesy of Baird & Warner
Under Contract
$849,000
1/1646 W Warren Blvd
Chicago IL 60612
3
3
1
Condo
Listing courtesy of Baird & Warner
For Sale
$279,000
617/6 South Laflin Street
Chicago IL 60607
1
1
1
Condo
Listing courtesy of Baird & Warner

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 16 Oct 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent