Renovated Three-Unit
1505 S Spaulding Avenue, Chicago, IL 60623
For Sale
$699,000
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market58
Property Features for 1505 S Spaulding Avenue
General Information
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Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Basement
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
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Individually Metered Utilities
Taxes and HOA fees
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Tax Annual Amount
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Building Details
Building materials
Listing Agency:
EXIT Strategy Realty · EXIT Realty
(312) 554-5478
Listed By:
Eboni Mills · License #475156361
(312) 493-0920
Added: Sep 10
Changed: Oct 24
Last Checked: Nov 6 at 3:06PM
MLS# 12756234
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.
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Investment Insights
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This renovated three-unit Greystone at 1505 S Spaulding Avenue includes updated mechanical, electrical, and plumbing systems along with a new roof. Each unit has separate utilities. The first floor contains 2 bedrooms and 2 bathrooms, while the second and third floors each offer 3 bedrooms and 2 bathrooms. Interior improvements include modern kitchens with white shaker cabinetry and quartz countertops, plus updated bathrooms.
The basement is preapproved for an ADU, creating the option for a fourth unit or a duplex configuration with the first floor. A two-car brick garage provides on-site parking. The property has public water and public sewer, natural gas heating, and access to public transportation, major roadways, neighborhood amenities, and downtown Chicago. It is located in North Lawndale.
The basement is preapproved for an ADU, creating the option for a fourth unit or a duplex configuration with the first floor. A two-car brick garage provides on-site parking. The property has public water and public sewer, natural gas heating, and access to public transportation, major roadways, neighborhood amenities, and downtown Chicago. It is located in North Lawndale.
Key Highlights
- Fully renovated three‑unit Greystone with new mechanical, electrical, and plumbing systems
- Unit mix includes one 2‑bedroom, 2‑bathroom unit and two 3‑bedroom, 2‑bathroom units
- Basement preapproved for an ADU or duplex connection with the first floor
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
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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
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Market
Properties on Market for Triplexes in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature separate utilities, updated interiors, and a two-car brick garage.
Where is this triplex located?
The property is located at 1505 S Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully renovated three‑unit Greystone with new mechanical, electrical, and plumbing systems; Unit mix includes one 2‑bedroom, 2‑bathroom unit and two 3‑bedroom, 2‑bathroom units; Basement preapproved for an ADU or duplex connection with the first floor
