Renovated Brick Multifamily
New
For Sale
$715,948
1621 S Lawndale Avenue, Chicago, IL 60623
Renovated apartments are delivered vacant, allowing immediate control over leasing and management.
Property Size5,364 SF
Price / SF$133.47
Days on Market7
Property Features for 1621 S Lawndale Avenue
General Information
Standard status
Active
Size
5,364 SF
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
5 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$4,087
Building Details
Building Size
5,364 SF
Year Built
1905
Buildings
1
Construction
brick
Listing Agency:
Keller Williams ONEChicago
Listed By:
Christopher Anthony · License #475151235
(312) 804-0693
Source:
Harkinsandassociates
Added: Sep 8
Changed: Sep 11
Last Checked: Sep 13 at 11:30AM
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 Keller Williams ONEChicago
Investment Insights
Based on property information with market context.
This renovated brick multifamily building contains six apartments totaling 5,364 square feet. The unit mix includes five two-bedroom, one-bath apartments and one three-bedroom, one-bath apartment. Interior improvements include updated kitchens and bathrooms, new flooring, fresh finishes, and other renovations throughout. The property is delivered vacant, giving the next owner control over tenant selection, lease terms, and management from the outset.
An unfinished basement provides additional storage space and may offer future value-add potential, subject to buyer due diligence and municipal approval. The building is located in Chicago’s North Lawndale neighborhood near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers.
An unfinished basement provides additional storage space and may offer future value-add potential, subject to buyer due diligence and municipal approval. The building is located in Chicago’s North Lawndale neighborhood near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers.
Key Highlights
- Six‑unit brick multifamily building with 5,364 square feet
- Unit mix includes five 2‑bedroom/1‑bath apartments and one 3‑bedroom/1‑bath apartment
- Delivered vacant for immediate leasing and management control
Property Analytics
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Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,806
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartments are delivered vacant, allowing immediate control over leasing and management.
Where is this apartment building located?
The property is located at 1621 S Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $715,948.
What are key features of this property?
This property features: Six‑unit brick multifamily building with 5,364 square feet; Unit mix includes five 2‑bedroom/1‑bath apartments and one 3‑bedroom/1‑bath apartment; Delivered vacant for immediate leasing and management control
