About This Home

This 13-bedroom, 6-bathroom residential multi family at 1621 S Lawndale Avenue in Chicago, IL is listed for $685,000. Built in 1905, on a N/A lot.

Key Features

  • Built in 1905
  • 3 stories

Property Details

3 stories
6 full
1905
Listing Description

Exceptional opportunity to acquire a fully renovated six-unit brick multifamily property in Chicago's North Lawndale neighborhood. Situated on a 24 125 lot, the building offers approximately over 5000 SQF of a desirable unit mix of five 2-bedroom/1-bath apartments and one 3-bedroom/1-bath apartment.

Delivered vacant, the building gives its next owner immediate control over tenant selection, lease terms, and management while providing the opportunity to lease each apartment at current market rents. Improvements include modern kitchens, renovated bathrooms, updated flooring, fresh finishes, and upgrades throughout.

The unfinished basement provides additional storage and potential future value-add opportunities, subject to buyer due diligence and municipal approval. Conveniently located near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers.

Ideal for an investor expanding a multifamily portfolio, completing a 1031 exchange, or seeking a renovated asset positioned for immediate lease-up. Offering Memorandum, projected rents, financial analysis, renovation information, and additional due-diligence materials are available upon request.

Monthly Cost Estimate

$3,664/mo

20% down · 6.5% · 30 years

Principal$495
Interest$2,968
Insurance$200

Estimates only. Actual payments may vary.

Location

1621 S Lawndale Avenue

Chicago, IL 60623

Property Details

Construction

Brick

Questions & Answers

This 13-bedroom, 6-bathroom residential multi family at 1621 S Lawndale Avenue is listed at $685,000. The estimated monthly payment is $3,664 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 3 stories.

This property is listed by Christopher Anthony.

CA

Christopher Anthony

Agent at Keller Williams Chicago ONEChicago

Listed by Keller Williams Chicago ONEChicago · Broker phone: (312) 216-2422 · View on Broker Site · Broker website

MLS# 12754144· Source: Midwest Real Estate Data, LLC· 54 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1621 S Lawndale Avenue, Chicago, IL 60623

Open this listing in: