1242 South Lawndale Avenue

Chicago, IL 60623

$499,900
Price
9
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof. Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are...Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof. Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are $4,760/ month.
  1. Listed by Lawrence Dunning • Main Street Real Estate Group

Property Details for 1242 South Lawndale Avenue

Area
CHI - North Lawndale
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 11/20/2024 01:51 AM

Property Details for 1242 South Lawndale Avenue

StatusActive
MLS #12201582
Days on Market22
Taxes$1,983 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1920
Lot Size0.09 AC / 4,010 SF
CountyCook County

Building Information for 1242 South Lawndale Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.09 AC / 4,010 SF

Property Information for 1242 South Lawndale Avenue

General Information
School Information
  • Elementary School District: 152
  • High School District: 152
  • Middle Or Junior School District: 152
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Driveway, Alley Access, Rear/Side Entry
  • Parking On Site: true
  • Parking Ownership: Fee/Leased
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 9
  • Basement Description: Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 4010
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 1242
  • East Coordinate: 0
  • West Coordinate: 3700
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 36
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Insurance Expense Source: Actual
  • Manager Expense Source: AC
  • Repairs-Decor Expense Source: Actual
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/25
Unit 2
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25
Unit 3
  • Unit Type Actual Rent: $1,262.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/25
Unit 4
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 04/25

Property History for 1242 South Lawndale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1242 South Lawndale Avenue

Taxable ValueLand$4,711Additions$4,653Total$9,364
Tax Record2022$1,933 ($161 / month)
Home Facts
Baths5Total Finished SqFt3,002 SqFtAbove Grade Finished SqFt3,002 SqFtStories3Lot Size4,010 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN16-23-104-029

Schools near 1242 South Lawndale Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Herzl Elementary School
PublicPK to 8

Manley Career Academy High School
Public9 to 12

YCCS-CCA Academy HS
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1242 South Lawndale Avenue is a multi-family home for sale in Chicago, IL 60623. This property was listed for sale on November 1, 2024 by Main Street Real Estate Group, it's currently listed at $499,900. It has been on the market for a total of 22 days and was last sold on October 4, 2023. This listing's school district is Chicago Public Schools. Nearby schools include Herzl Elementary School, Manley Career Academy High School and Frazier Prep Academy Charter Elementary School. 1242 South Lawndale Avenue is a 9-bed, 4-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Main Street Real Estate Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/20/2024 01:51 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.