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Updated Brick Multifamily Property
New
For Sale
$575,000

1121 N Lawndale Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market5

Property Features for 1121 N Lawndale Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 8, Bedroom 7, Bathroom 2, Bathroom 3, Basement, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1
Parking 3
Parking features Garage
Basement Finished, Full
Elementary school district 130
Middle school district 130
High school district 130
Directions East on Division and South on Lawndale
Subdivision CHI - Humboldt Park
Standard status Active
APN 16023060140000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3954

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water front 1

Amenities

balcony

Building Details

Year built 1913
Building materials Brick
Listing Agency: Luna Realty Group
Listed By: Morgan Fernandez · License #475205422
Added: Aug 24 Changed: Aug 27 Last Checked: Aug 28 at 5:06AM
MLS# 12741013

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.

Built in 1913, this brick multifamily property includes 8 bedrooms and 3 bathrooms, with a duplex-down configuration on the first floor. The building also offers garage parking, forced-air heating, public sewer service, and a balcony.

Major system and exterior updates include central air installed in 2021, a 200-amp electrical service completed in 2024, roof and siding work from 2020, and a tankless water heater installed in 2020. Additional improvements include oversized gutters, 2024 tuck pointing, newer windows installed in 2020 and 2024, a new sump pump, and support pillars. The property is located at 1121 N Lawndale Avenue in Chicago, Illinois 60651.

Key Highlights

  • 8‑bedroom, 3‑bath multifamily property
  • First‑floor unit features a duplex‑down layout
  • Central air installed in 2021

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic

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 - Multi-unit property with a duplex-down first-floor layout, garage parking, and a balcony.
Where is this multifamily property located?
The property is located at 1121 N Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 8‑bedroom, 3‑bath multifamily property; First‑floor unit features a duplex‑down layout; Central air installed in 2021
More about this property
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