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Multifamily Building with Balconies

1506 S Spaulding Avenue, Chicago, IL 60623

For Sale
$430,000

Built in 2007, the property includes forced-air heating and balcony features.

Property SizeContact for details
Days on Market13

Property Features for 1506 S Spaulding Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Lawndale

Taxes and HOA fees

Annual Taxes $8,128

Building Details

Year Built 2007
Listing Agency: Century 21 S.G.R., Inc.
Listed By: Jessica Hayes · License #475213124
Source: Harkinsandassociates
Added: Oct 26 Changed: Nov 7 Last Checked: Nov 6 at 5:48PM

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 Century 21 S.G.R., Inc.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property at 1506 S Spaulding Avenue in Chicago was built in 2007. Its listed physical features include forced-air heating and balconies. The property is designated MULTI under its zoning classification.

Key Highlights

  • Built in 2007
  • MULTI zoning
  • Forced‑air heating

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Multifamily properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Built in 2007, the property includes forced-air heating and balcony features.
Where is this multifamily property located?
The property is located at 1506 S Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Built in 2007; MULTI zoning; Forced‑air heating
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