Under Contract

Listed by Satyanarayan Teeparti from Keller Williams Infinity

Source: Midwest Real Estate Data, LLC #12633035

1234 S Millard Ave, Chicago, IL, 60623

$349,000

4
2
0.06 ac.

MultiFam

24 days on the market

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About this property

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.

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