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    1513 S Komensky Ave Chicago, IL 60623

    Under Contract
    For Sale
    $220,000

    Residential Income - Chicago, IL

    Lot size:
    4.60 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 12 at 1:06 am

    Property Features for 1513 S Komensky Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    16222300040000
    Parking
    2
    Lot size
    4.60 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1891
    Architectural style
    Other

    Luna Realty Group (708) 268-3349 [email protected]

    Listing agent Morgan Fernandez (708) 797-3027 License #475205422

    Listing date Nov 21, 2025

    MLS# 12477785 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Lawndale Spacious Income Property

    This spacious 2-flat property is located in the North Lawndale area and presents an investment opportunity. The building features two units: one with 3 bedrooms and 1 bath, and another with 2 bedrooms and 1 bath, offering potential for rental income or multi-generational living. One of the units has been newly renovated and is move-in ready, while the other offers an opportunity for renovation. The property is situated on a 4.6-acre triple lot, providing outdoor space suitable for entertaining, gardening, or future expansion. This property represents an investment in a growing community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.725877
    Latitude
    41.8602202

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    FAQs

    What type of property is this?
    Duplex - Spacious 2-flat in North Lawndale with great rental potential.
    Where is this duplex located?
    The property is located at 1513 S Komensky Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Great rental or multi-generational living potential with **two separate units (3 bed/1 bath & 2 bed/1 bath).**; - **One unit is newly renovated and move-in ready.**; - Generous TRIPLE lot provides ample outdoor space and expansion possibilities.
    (708) 797-3027
    Request Owner's contact information
    1513 S Komensky Ave Chicago, IL 60623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1513 S Komensky Ave Chicago, IL 60623
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