Chicago, IL 60623,1506 S TRUMBULL AVE
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Chicago, IL 60623,1506 S TRUMBULL AVE
Chicago, IL 60623,1506 S TRUMBULL AVE
Chicago, IL 60623,1506 S TRUMBULL AVE
Chicago, IL 60623,1506 S TRUMBULL AVE

$280,000

Est. payment /mo

$269,900

3.7%
Est.Price: ?

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1506 S TRUMBULL AVE Chicago, IL 60623

7 Beds

3 Baths

SOLD DATE : 10/28/2024

Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lawndale

MLS Listing ID 12134474

Sold Date 10/28/24

Style Greystone

Bedrooms 7

Year Built 1898

Annual Tax Amount $4,445

Tax Year 2023

Lot Dimensions 50 X 125

Property Description

Welcome to this fantastic investment opportunity in the highly sought-after North Lawndale community! This property is perfect for both investors and owner-occupants utilizing an FHA 203k loan. The property features two units: the first unit offers 3 bedrooms and 1 bathroom, while the second unit boasts 4 bedrooms and 1 bathroom. Additionally, a full basement with a half bathroom provides extra space and potential. Situated on a double lot, this property offers the unique advantage of additional space for potential development. While the exterior of the property is in good condition, the interior presents an excellent opportunity for customization and upgrades. This property is a rare find with great potential and is not to be missed. With an after repair value (ARV) well into $500k, this property promises a lucrative return on investment. Quick access to bus and train stations and only blocks away from either direction to I-290 and I-55. Only a 5 minutes drive to downtown Chicago. With both Mt. Saini and St. Anthony's hospital being right down the street, this is all presents the perfect location for residents. Don't miss out on this exceptional opportunity to invest in North Lawndale. Contact us today to schedule a viewing and explore the possibilities this property has to offer.

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Full, Walkout

Interior

Heating Natural Gas, Radiator(s)

Equipment Security System

Fireplace N

Exterior

Roof Type Flat

Building

Lot Description Fenced Yard

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by Jerry Goodwin • Coldwell Banker Realty
Bought with Joseluis Martinez • Epique Realty Inc

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