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Updated Brick Duplex
For Sale
$295,000

427 N Lawndale Avenue, Chicago, IL 60624

Two residential units offer flexible occupancy and income options under MULTI zoning.

Property SizeContact for details
Days on Market16

Property Features for 427 N Lawndale Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 1 x 4BR, 1 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,021

Building Details

Year Built 1895
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Rafay Qamar · License #475158420
Source: Gia-sells
Added: Aug 8 Changed: Aug 22 Last Checked: Aug 22 at 2:27PM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

This brick two-unit property, built in 1895, includes a four-bedroom apartment and a three-bedroom apartment. Recent improvements include updated mechanical systems, a newer roof, refreshed landscaping, and fenced outdoor areas. Both residences are currently occupied under month-to-month leases, providing flexibility for an owner-occupant or investor while preserving the existing two-unit configuration.

The property sits on a quiet, tree-lined dead-end street in Humboldt Park, with the Garfield Park Conservatory located steps away. Its Chicago location and residential income configuration support continued rental use, with the option to occupy one apartment while retaining the other as an income-producing unit.

Key Highlights

  • Two‑unit brick property with one 4‑bedroom apartment and one 3‑bedroom apartment
  • Built in 1895 with updated mechanical systems and roof
  • Landscaped property with fenced outdoor areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Pharmacy Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,170
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer flexible occupancy and income options under MULTI zoning.
Where is this duplex located?
The property is located at 427 N Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑unit brick property with one 4‑bedroom apartment and one 3‑bedroom apartment; Built in 1895 with updated mechanical systems and roof; Landscaped property with fenced outdoor areas
More about this property
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