1500 S Lawndale Ave

1500 S Lawndale Ave, Chicago, IL 60623

  • For Sale $599,900
  • Property Type Multi-Family
  • Units 10
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Year Built 1920
  • Date Updated Oct 18, 2024

1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new (2 yr) roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor! 

PLEASE NOTE: The Buyer will need to re-open and motion-up an old building court case. All of the work required under that court order has been completed and a city compliance sign-off is in hand. The new Buyer will need to finalize the release of the case. ALSO NOTE: The former storefront units require full build-out/completion. POF or PAL required to show. ONLY 1 unit of each type on the 3rd floor plus the former storefront will be shown. Seller makes no representation as to the legality of the non-conforming unit. Property is being sold on an 'as-is' basis.

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Attachments

Contacts

broker

Scott Siegel, MBA

CHICAGO REAL ESTATE AUTHORITY

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Transit Score ®

    64/100 Good Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood North Lawndale
  • Zip Code 60623
  • Market Chicago

Points of Interest

  • Central Park

    0.49 miles

  • Kedzie

    0.78 miles

  • Kostner

    0.91 miles

  • Cicero

    1.67 miles

  • 54th/Cermak

    2.08 miles

  • Uber Tent

    2.81 miles

  • Ashland

    3.09 miles

  • UIC-Halsted (Morgan Street)

    3.57 miles

  • Halsted Street

    3.64 miles

  • UIC-Halsted (Peoria Street)

    3.67 miles

  • GoLo

    0.38 miles

  • BP

    0.39 miles

  • Shell

    0.53 miles

  • Power Gas Station

    0.72 miles

  • Exxon

    0.87 miles

  • Citgo

    0.96 miles

  • Amoco

    0.97 miles

  • EVgo

    2.62 miles

  • Electrify America

    3.39 miles

  • Blink ParkChip Garage - 1035 Van Buren

    3.52 miles

  • Visitor Parking

    1.62 miles

  • Visitor Paerking

    1.91 miles

  • Lot W5

    2.06 miles

  • Lot A4

    2.26 miles

  • Lot A3

    2.30 miles

  • Lot C4

    2.33 miles

  • Lot B2

    2.34 miles

  • Lot B4

    2.36 miles

  • Karavan Motel

    1.39 miles

  • Shamrock Motel

    1.43 miles

  • Cindy Lyn Motel

    2.11 miles

  • Hyatt Place Chicago - Medical / University District

    2.48 miles

  • Hyatt House Chicago - Medical / University District

    2.54 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    2.82 miles

  • Hotel Chicago West Loop

    2.85 miles

  • Hyatt House

    3.59 miles

  • Benedictine Bed and Breakfast

    3.70 miles

  • Cicero Motel

    3.70 miles

  • The SoulFood Lounge

    0.17 miles

  • Soule

    0.39 miles

  • New Pine Valley Restaurant

    0.39 miles

  • Checkers

    0.43 miles

  • Popeyes

    0.47 miles

  • Taco Bell

    0.58 miles

  • Subway

    0.58 miles

  • Lou Malnati's Pizzeria

    0.65 miles

  • McDonald's

    0.74 miles

  • Dunkin'

    0.75 miles

  • Herzl Elementary School

    0.07 miles

  • Olive Child-Parent Center

    0.19 miles

  • Dvorak Elementary School

    0.20 miles

  • KIPP Ascend Middle School

    0.25 miles

  • William Penn Elementary School

    0.25 miles

  • Lawndale Community Academy

    0.32 miles

  • Alexanders Beauty School

    0.41 miles

  • Ebenezer School

    0.42 miles

  • KIPP Ascend North Lawndale

    0.43 miles

  • CCA Academy

    0.47 miles

  • Herzl Child-Parent Center

    0.15 miles

  • Our Lady of Lourdes Child Development Center

    0.59 miles

  • Dorie Miller Child Parent Center

    1.25 miles

  • YMCA Child Care

    1.47 miles

  • New Zion Childcare Academy

    2.25 miles

  • Adams Street Child Care Center

    2.48 miles

  • Taylor Tots

    2.93 miles

  • Kid City

    3.09 miles

  • Luis Munoz Marin Primary Center

    3.14 miles

  • Little Folks Cottage Inc

    3.15 miles

Frequently Asked Questions

How much does 1500 S Lawndale Ave cost?

The space currently listed for sale at 1500 S Lawndale Ave asks for $599,900.

When was this property built?

1500 S Lawndale Ave was built in 1920.

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Contact Listing Broker

broker

Scott Siegel, MBA

CHICAGO REAL ESTATE AUTHORITY