4621 N Lawndale Avenue Chicago, IL 60625
MULTI_FAMILY - Chicago, IL
Property Features for 4621 N Lawndale Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Basement, Bathroom 3, Den, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
- Parking
- 3
- Parking features
- Open, Garage
- Basement
- Full, Unfinished
- Standard status
- Active
- APN
- 13141120070000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12640
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas, Electric (Heating), Forced Air
- Water source
- Public
Building Details
- Year built
- 1921
- Building materials
- Aluminum Siding, Vinyl Siding, Brick
- Roof type
- Flat
Listing agent Marvin Bornschlegl (800) 991-6092
Listing office Worth Clark Realty 10 N Martingale Rd #4153, Schaumburg, IL (800) 991-6092
Listing date Jul 13, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The building is located at 4621 N Lawndale Avenue, east of Jensen Park, and is described as meticulously maintained. A three-vehicle garage is included, and the property is conveniently located near public transportation.
Key Highlights
- 4,590 SF “JUMBO THREE‑FLAT” on N Lawndale Ave (Chicago, IL 60625) with three 2‑bedroom, 1‑bath rental units
- Each unit has independent forced‑air central heating and is prepared for central air conditioning to be added
- Vintage building features hardwood floors, crown molding, decorative fireplace, pantry, and ample closet space in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.7k | $25.20 |
| − Vacancy | −$6.4k | −$1.39 |
| EGI | $109.3k | $23.81 |
| − OpEx | −$32.8k | −$7.14 |
| NOI | $76.5k | $16.67 |
