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    2946 N Lawndale Ave Chicago, IL 60618

    Under Contract
    For Sale
    $650,000

    Residential Income - Chicago, IL

    Days on Market:
    27
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 2946 N Lawndale 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, Utility Room
    Bedrooms
    5
    APN
    13261150460000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1903
    Architectural style
    Other

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

    Listing agent Shawna Roongsang (847) 495-5000 License #475160346

    Listing date Nov 18, 2025

    MLS# 12512094 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

    Avondale 2-Flat with In-Law Suite

    This well-maintained, extra-wide property in Chicago's Avondale neighborhood offers space, flexibility, and rental income potential. The property is suitable for both owner-occupants and investors. The first-floor unit, featuring thoughtful updates, is move-in ready. Unit 1 includes 2 beds and 1 bath with a modern living area and a newer kitchen featuring stainless steel appliances. Unit 2 has 2 beds and 1 bath with a newer kitchen and stainless steel appliances. The finished attic in-law suite offers 1 bed and 1 bath, plus room for a kitchenette and living/dining area, ready for a cosmetic refresh or potential duplex conversion with the second floor. The property is being sold AS IS. Exterior features include a covered rear stairway, a fully fenced backyard, vinyl siding, iron gates, and a 2-car garage. There is built-in storage space. The backyard is suitable for relaxing, gardening, or entertaining. Located blocks from Milwaukee Avenue's dining, nightlife, schools, and parks, this property combines comfort, convenience, and rental opportunity in one of Avondale's sought-after areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -87.7210797
    Latitude
    41.9355762

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained Avondale 2-flat with finished attic in-law suite.
    Where is this apartment building located?
    The property is located at 2946 N Lawndale Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Rental Income Potential: Great for investors or owner-occupants looking to offset costs with rental income.; - Move-In Ready First Floor Unit: Features an updated 2 bed / 1 bath, ready for immediate occupancy.; - Finished Attic In-Law Suite: Offers a 1 bed / 1 bath space with kitchenette potential.
    (847) 495-5000
    Request Owner's contact information
    2946 N Lawndale Ave Chicago, IL 60618
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    Chicago, IL 60618
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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
    2946 N Lawndale Ave Chicago, IL 60618
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