24-Unit Multifamily in Austin
For Sale
$1,950,000
1124 North Lawler Avenue, Chicago, IL 60651
Stabilized 24-unit multifamily property in Chicago's Austin neighborhood.
Property Size22,200 SF
Days on Market351
Property Features for 1124 North Lawler Avenue
General Information
Standard status
Active
Size
22,200 SF
Property subtype
Multifamily
Building Details
Building Size
22,200 SF
Listed By:
Jack Petrando · License #IL #475.185949
(773) 293-5086
Source:
Kisergroup
Added: Nov 21, 2025
Changed: Oct 25
Last Checked: Nov 6 at 7:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack Petrando
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Investment Insights
Based on property information with market context.
This is a stabilized 24-unit multifamily property located in the Austin neighborhood of Chicago's West Side. The unit mix consists of six 1-bedroom units and eighteen 2-bedroom units. Recent updates include updated kitchens and baths, new porches, and newer appliances. Heat is provided by central boilers. The buildings have been well-maintained and managed. The property size is 22200 square feet. The property benefits from strong in-place rents and recent capital improvements.
Key Highlights
- Stabilized 24‑unit Multifamily property.
- Located in the desirable north Austin neighborhood of Chicago's West Side.
- Great unit mix: (6) 1‑bedroom and (18) 2‑bedroom units.
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Location Intelligence
Trade Area within ½ mile
989
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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
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Market
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Stabilized 24-unit multifamily property in Chicago's Austin neighborhood.
Where is this apartment building located?
The property is located at 1124 North Lawler Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Stabilized 24‑unit Multifamily property.; Located in the desirable north Austin neighborhood of Chicago's West Side.; Great unit mix: (6) 1‑bedroom and (18) 2‑bedroom units.
