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    742 N Lawndale Ave Chicago, IL 60624

    For Sale
    $412,750

    Residential Income - Chicago, IL

    Days on Market:
    16
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 742 N Lawndale Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    16111050240000
    Parking
    2
    Exterior features
    Corner Lot

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1907
    Roof type
    Flat
    Architectural style
    Other

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

    Listing agent Maria Salazar (847) 495-5000 License #475190054

    Listing date Nov 26, 2025

    MLS# 12522935 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

    Humboldt Park Two-Unit Building

    This solid brick two-unit building is located in the heart of Humboldt Park, presenting an opportunity for investors or owner-occupants. The property is well-maintained and offers bright, spacious layouts with rental potential. Unit 1 features 2 bedrooms, 1 bath, hardwood floors, and a generous living/dining area, including a bonus room suitable for an office or guest space. Unit 2 offers 3 bedrooms and 1 bath, hardwood floors, an updated kitchen, and stainless steel appliances. Both units have separately metered utilities. The unfinished basement provides value-add potential with three framed rooms suitable for future bedrooms and rough-in plumbing ready for a full bath installation. This space allows for the creation of additional living area, related living, or a potential rental suite, depending on buyer's plans and local requirements. This additional level presents an opportunity to increase total rentable square footage and enhance overall return on investment. A large backyard and a 2-car garage complete the property. The building is close to public transportation, local shops, restaurants, and cultural amenities.
    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
    -87.719091
    Latitude
    41.8949114

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit building in Humboldt Park with rental potential.
    Where is this duplex located?
    The property is located at 742 N Lawndale Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $412,750.
    What are key features of this property?
    This property features: - Prime Humboldt Park location: Close to transportation, shops, restaurants, and cultural amenities in a dynamic, appreciating neighborhood.; - Two separate units: Ideal for investors or owner-occupants with strong rental potential and separately metered utilities.; - Value-add basement: Unfinished basement with framed rooms and rough-in plumbing offers potential for additional living space or rental suite.
    (847) 495-5000
    Request Owner's contact information
    742 N Lawndale Ave Chicago, IL 60624
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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
    742 N Lawndale Ave Chicago, IL 60624
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