742 N Lawndale AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60624
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12522935
Bedrooms 6
Year Built 1907
Annual Tax Amount $4,867
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Solid brick 2-unit building located in the heart of Humboldt Park-an excellent opportunity for investors or owner-occupants. This well-maintained property offers bright, spacious layouts with strong rental potential. Unit 1 features 2 bedrooms, 1 bath, hardwood floors, and a generous living/dining area and includes a bonus room suitable for an office or guest space. Unit 2 offers 3 bedrooms and 1 bath, hardwood floors, updated kitchen, stainless steal appliances. ***Both units have separately metered utilities*** The unfinished basement provides valuable value-add potential with three framed rooms suitable for future bedrooms and rough-in plumbing ready for a full bath installation. The space to create additional living area, related living, or a potential rental suite depending on buyer's plans and local requirements. This additional level presents a prime opportunity to increase total rentable square footage and significantly enhance overall return on investment. A large backyard and 2-car garage complete the property. Close to public transportation, local shops, restaurants, and all the cultural amenities that make Humboldt Park one of Chicago's most dynamic and appreciating neighborhoods-an ideal addition to any investor's portfolio.
Location
State IL
County Cook
Area Chi - Humboldt Park
Zoning MULTI
Interior
Heating Natural Gas,Forced Air
Equipment Multiple Water Heaters,Water Heater-Gas
Exterior
Garage Spaces 2.0
Roof Type Flat
Building
Lot Description Corner Lot
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition None