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Brick Multifamily with Private Parking Pad
For Sale
$499,999

1040 N Lawndale Avenue, Chicago, IL 60651

MULTI_FAMILY - Chicago, IL

Days on Market11

Property Features for 1040 N Lawndale Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Basement
Parking 2
Parking features Owned
Basement Full, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions West on Division St, south on Lawndale Ave to the property.
Subdivision CHI - Humboldt Park
Standard status Active
APN 16023140270000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6650

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

private parking pad
full basement

Building Details

Year built 1913
Building materials Brick
Listing Agency: Kale Realty
Listed By: Kassia Cerda
Added: Jul 23 Changed: Aug 1 Last Checked: Aug 2 at 2:06PM
MLS# 12706496

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.

1040 N Lawndale Avenue is a brick multifamily property built in 1913, offering a full basement and natural gas heating. The layout includes multiple bedrooms and bathrooms, with the rooms list featuring Bedroom 1 through Bedroom 5 and Bathroom 1 through Bathroom 3, alongside basement space.

The exterior is constructed of brick and the property includes an owned private parking pad. Services include public sewer. The home is located in Chicago’s Humboldt Park neighborhood with convenient access to public transportation and nearby shopping, parks, restaurants, and other neighborhood amenities.

This configuration can support a range of occupancy plans, including rental-focused living arrangements or multi-generational use, while the private parking pad and basement provide practical added utility for day-to-day operations.

Key Highlights

  • Brick multifamily property built in 1913
  • Private parking pad with owned parking
  • Full basement

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,185
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Brick multifamily with a private parking pad, full basement, and natural gas heating.
Where is this multifamily property located?
The property is located at 1040 N Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Brick multifamily property built in 1913; Private parking pad with owned parking; Full basement
More about this property
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