SoldOct 2, 2025

Listed by Yolanda Davis from Realty Boutique

Source: Midwest Real Estate Data, LLC #12403997

1528 S Spaulding Ave, Chicago, IL, 60623

$225,000

8
2
2

MultiFam

•

3 days on the market

Sold: Oct 2, 2025

What's around 1528 S Spaulding Ave

About this property

Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.

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