1130 S Richmond St

1130 South Richmond Street, Chicago, IL 60612

  • For Sale $408,000
  • Property Type Multi-Family
  • Units 0
  • Lot Size 4,725 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 18, 2024

The Multifamily Investment Advisors in conjunction with KW Commercial & Keller Williams ONEChicago is proud to present 1130 S. Richmond St., Chicago, IL 60612. Welcome to a prime investment opportunity in the heart of North Lawndale! This vacant 7-unit multifamily property, located at 1130 S. Richmond St., offers tremendous potential for savvy investors seeking to revitalize and maximize their real estate portfolio. Situated in a historic neighborhood with a rich cultural heritage, this property is a blank canvas awaiting transformation into a lucrative income-producing asset.

 

Property Features:

  • Unit Configuration: Currently vacant, the property has the potential to feature seven spacious two-bedroom units. The open layout and generous square footage provide ample room for customization and modernization.
  • Renovation Opportunity: This property is in need of renovation, making it the perfect project for investors looking to add value and boost rental income. With a creative vision and investment in modern amenities, you can transform this property into a highly desirable living space.
  • Desirable Location: Nestled in the North Lawndale neighborhood, this property benefits from its proximity to essential amenities, public transportation, and local attractions. Residents will appreciate the convenience of nearby parks, schools, and shopping centers.
  • Income Potential: Once renovated, this multifamily property has the potential to generate significant rental income. North Lawndale's rental market offers opportunities for attractive rental rates, ensuring a steady cash flow for investors.
  • Historic Charm: North Lawndale is known for its historic architecture and cultural significance. Preserving and enhancing the property's unique features can add to its appeal and value.

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Tony Hardy

Keller Williams ONEChicago

broker

Travis Montgomery

Keller Williams ONEChicago

broker

Kelly Rich

Keller Williams ONEChicago

broker

Rudy Hancock

Keller Williams ONEChicago

broker

Ariana Abercrumbie

Keller Williams ONEChicago

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Transit Score ®

    68/100 Good Transit

  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood North Lawndale
  • Zip Code 60612
  • Market Chicago

Points of Interest

  • Kedzie

    0.96 miles

  • Central Park

    1.21 miles

  • Uber Tent

    1.78 miles

  • Kostner

    1.96 miles

  • Cicero

    2.44 miles

  • UIC-Halsted (Morgan Street)

    2.54 miles

  • Ashland

    2.63 miles

  • UIC-Halsted (Peoria Street)

    2.65 miles

  • Halsted Street

    2.75 miles

  • UIC-Halsted (Halsted Street)

    2.77 miles

  • Marathon

    0.61 miles

  • Citgo

    0.69 miles

  • Shell

    0.70 miles

  • GoLo

    0.99 miles

  • BP

    1.07 miles

  • Exxon

    1.10 miles

  • Falcon

    1.17 miles

  • EVgo

    1.67 miles

  • Electrify America

    2.36 miles

  • Blink ParkChip Garage - 1035 Van Buren

    2.49 miles

  • Lot W5

    1.06 miles

  • Lot A4

    1.26 miles

  • Lot A3

    1.29 miles

  • Lot B2

    1.32 miles

  • Lot C4

    1.34 miles

  • Lot B4

    1.37 miles

  • Wood Street Parking Structure (WSPS)

    1.42 miles

  • f

    1.49 miles

  • Club/Premium

    1.52 miles

  • Disabled

    1.52 miles

  • Hyatt Place Chicago - Medical / University District

    1.44 miles

  • Hyatt House Chicago - Medical / University District

    1.51 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    1.80 miles

  • Hotel Chicago West Loop

    1.81 miles

  • Shamrock Motel

    2.33 miles

  • Karavan Motel

    2.40 miles

  • Hyatt House

    2.55 miles

  • Sonder Greektown

    2.79 miles

  • Chicago Parthenon Hostel

    2.79 miles

  • Alexandra's place

    2.83 miles

  • McDonald's

    0.33 miles

  • Subway

    0.33 miles

  • Ja’Grill

    0.48 miles

  • Taco Bell

    0.54 miles

  • Joe Willie's

    0.62 miles

  • Popeyes

    0.66 miles

  • KFC

    0.70 miles

  • Burger King

    0.73 miles

  • White Castle

    0.73 miles

  • EL Ideas

    0.75 miles

  • Shepard School

    0.12 miles

  • Manley High School

    0.22 miles

  • Collins Academy High School

    0.23 miles

  • Joseph Kellman Corporate Community Elementary School

    0.26 miles

  • Chalmers Elementary School

    0.26 miles

  • North Lawndale College Prep - Collins

    0.27 miles

  • Saint Francis Cabrini Learning Center

    0.27 miles

  • Sears YMCA Day Care Center

    0.39 miles

  • Johnson Elementary School

    0.42 miles

  • Saint Agathas School

    0.46 miles

  • Dorie Miller Child Parent Center

    0.47 miles

  • Herzl Child-Parent Center

    1.09 miles

  • YMCA Child Care

    1.10 miles

  • New Zion Childcare Academy

    1.30 miles

  • Adams Street Child Care Center

    1.44 miles

  • Our Lady of Lourdes Child Development Center

    1.59 miles

  • Taylor Tots

    1.94 miles

  • Kid City

    2.11 miles

  • John & Mary Madden Center

    2.29 miles

  • Kids & Company

    2.70 miles

Frequently Asked Questions

How much does 1130 S Richmond St cost?

The space currently listed for sale at 1130 S Richmond St asks for $408,000.

What is the total square footage of 1130 S Richmond St ?

1130 S Richmond St totals 5,500 square feet.

Looking for more in-depth information on this property?

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