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    1539 S Harding Ave Chicago, IL 60623

    Under Contract
    For Sale
    $84,900

    Residential Income - Chicago, IL

    Lot size:
    0.14 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 1539 S Harding 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
    Bedrooms
    4
    APN
    16231230150000
    Lot size
    0.14 Acres

    Building Details

    Year built
    1902
    Roof type
    Asphalt
    Architectural style
    Other

    HomeSmart Connect Real Estate (847) 495-5000 [email protected]

    Listing agent Adela Rus (847) 495-5000 License #471016353

    Listing date Sep 23, 2025

    MLS# 12393909 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 Redevelopment Opportunity

    This is a redevelopment opportunity located in the heart of North Lawndale on a double lot. The property features a 1,936 square feet two-story building with 2 bedrooms per unit. The property is fire damaged and fully gutted. The lot size is approximately 0.14 acres. There is an active court case on the property. North Lawndale is one of 10 priority communities selected as a part of the initial phase of Chicago's INVEST South/West commercial corridor improvement strategy.
    Property Profile 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
    -87.7249404
    Latitude
    41.9092536

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    FAQs

    What type of property is this?
    Duplex - Two-unit, fire-damaged building on a double lot in Chicago.
    Where is this duplex located?
    The property is located at 1539 S Harding Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: - Redevelopment opportunity on a double lot in North Lawndale.; - Located in a Chicago INVEST South/West priority community.; - 1,936 square feet two-story building.
    (847) 495-5000
    Request Owner's contact information
    1539 S Harding Ave Chicago, IL 60623
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    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
    1539 S Harding Ave Chicago, IL 60623
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