9-Unit Apartment
For Sale
$549,000
1500 South Lawndale Avenue, Chicago, IL 60623
Separately metered residences include individual GFAs, updated plumbing and electrical systems, and original stained hardwood flooring.
Property Size3,406 SF
Price / SF$161.19
Days on Market186
Property Features for 1500 South Lawndale Avenue
General Information
Standard status
Active
Size
3,406 SF
Property subtype
Multi Family 5+ / Flats
Property Condition
Severity
Repairs Needed
Evidence
requires completion
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$13,557
Building Details
Year Built
1911
Buildings
1
Stories
3
Listing Agency:
Choice Realty Group Inc.
(847) 912-1592
Listed By:
David Williamson · License #471010481
(847) 912-1592
Source:
Compass
Added: Feb 26
Changed: Aug 30
Last Checked: Aug 30 at 2:05PM
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 Choice Realty Group Inc.
Investment Insights
Based on property information with market context.
This 9-unit apartment property contains eight 2BR/1BA apartments along with a storefront that is now legalized as ADUs. The storefront is framed out and requires completion. The building encompasses 3,406 square feet and is being sold as-is.
Property improvements include a new 2 yr roof, updated plumbing and electrical systems, individual GFAs, and original stained hardwood flooring. Constructed in 1911, the building is located at 1500 South Lawndale Avenue in Chicago, Illinois 60623.
Property improvements include a new 2 yr roof, updated plumbing and electrical systems, individual GFAs, and original stained hardwood flooring. Constructed in 1911, the building is located at 1500 South Lawndale Avenue in Chicago, Illinois 60623.
Key Highlights
- 9‑unit building with eight 2BR/1BA apartments and one storefront
- 3,406‑square‑foot apartment property at 1500 South Lawndale Avenue
- Storefront is legalized as ADUs, framed out, and requires completion
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Separately metered residences include individual GFAs, updated plumbing and electrical systems, and original stained hardwood flooring.
Where is this apartment building located?
The property is located at 1500 South Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 9‑unit building with eight 2BR/1BA apartments and one storefront; 3,406‑square‑foot apartment property at 1500 South Lawndale Avenue; Storefront is legalized as ADUs, framed out, and requires completion
