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1539 North Kolin Avenue, Chicago, IL, 60651
Legal 3-Unit Residential Income

1539 North Kolin Avenue Chicago, IL 60651

For Sale
$499,999

Legal three-unit building with separate living spaces, a shared yard, and free laundry facilities.

Days on Market11

Property Features for 1539 North Kolin Avenue

General Information

Standard status
Active
Property subtype
Two to Four Units / 2 Flat

Building Details

Year Built
1914
Listing Agency: Redfin Corporation
Listed By: Miguel Lopez · License #475176198
Source: Compass
Added: Jul 14 Changed: Jul 21 Last Checked: Jul 23 at 11:25AM

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 Redfin Corporation


Investment Insights

Based on property information with market context.

This legal 3-unit residential income building features three separate residences, each with two bedrooms and one bathroom. The first- and second-floor units each include a living room, dining room, and kitchen. Tenants have individual control over their own boilers and water heaters, and the second-floor boiler was replaced in 2025.

The property offers a shared common area with free laundry facilities, along with a large backyard and a 1.5-car garage. The roof is estimated to be 15–20 years old, and most appliances are original; the first-floor stove and range were updated in 2025.

All units are currently on month-to-month leases, providing flexibility for new ownership.

Key Highlights

  • Legal 3‑unit building built in 1914, with each unit offering 2 bedrooms and 1 bathroom
  • First- and second‑floor units feature separate living rooms, dining rooms, and kitchens
  • Tenants control their own boilers and water heaters; second‑floor boiler replaced in 2025

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Legal three-unit building with separate living spaces, a shared yard, and free laundry facilities.
Where is this triplex located?
The property is located at 1539 North Kolin Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Legal 3‑unit building built in 1914, with each unit offering 2 bedrooms and 1 bathroom; First- and second‑floor units feature separate living rooms, dining rooms, and kitchens; Tenants control their own boilers and water heaters; second‑floor boiler replaced in 2025
More about this property
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