427 North Lawler Avenue

Chicago, IL 60644

$475,000
Last Sold Price
8
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Investment Opportunity in Austin - Don't Miss Out! Discover this outstanding investment property in the heart of Austin. This solid, center-entrance brick legal 4-unit building features four spacious 2-bed, 1-bath units, each with heated sun porches. Additionally, the property includes a finished 1-bed, 1-bath garden unit, plus an space for a second garden unit or duplex, offering significant value-add potential. Each unit is equipped with its own furnace, with tenants covering their own gas...Prime Investment Opportunity in Austin - Don't Miss Out! Discover this outstanding investment property in the heart of Austin. This solid, center-entrance brick legal 4-unit building features four spacious 2-bed, 1-bath units, each with heated sun porches. Additionally, the property includes a finished 1-bed, 1-bath garden unit, plus an space for a second garden unit or duplex, offering significant value-add potential. Each unit is equipped with its own furnace, with tenants covering their own gas and electric utilities. One unit is owner occupied, the rest are tenant occupied. The property also boasts a 4-car parking pad in the rear, adding convenience and appeal to tenants. Sold As-is , this is your chance to bring your vision and offers! Ideal for investors looking to add a reliable income-generating property to their portfolio. The roof was replaced in 2021 and 3 furnaces has been replaced recently Pictures from Unit 1 during vacancy Schedule your showing today!
  1. Listed by Claes Brameus • Coldwell Banker Realty

Sold By Chicagoland Brokers Inc.

Property Details for 427 North Lawler Avenue

Area
CHI - Austin
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 11/13/2024 02:28 AM

Property Details for 427 North Lawler Avenue

StatusClosed
MLS #12161041
Days on Market17
Taxes$3,497 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1918
Lot Size0.14 AC / 6,250 SF
CountyCook County

Building Information for 427 North Lawler Avenue

Stories-Residences4Year Built1918Building Size-Lot Size0.14 AC / 6,250 SF

Property Information for 427 North Lawler Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley
  • Parking On Site: true
Property Information
Interior Features
  • Num Of Rooms: 28
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Water: Lake Michigan, Public
  • Other Equipment: Security System
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50X125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 427
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5032
  • Lot Size Source: Owner
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-09-11T13:58:49
  • Photos Count: 7
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $76,800.00
  • Other Expense Source: Combination
  • Other Expenses $: 15000
Unit 1
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 2/202
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: OWN
Unit 4
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 5/25

Property History for 427 North Lawler 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 427 North Lawler Avenue

Taxable ValueLand$5,985Additions$11,015Total$17,000
Tax Record2022$3,497 ($291 / month)
Home Facts
Baths4Total Finished SqFt3,890 SqFtAbove Grade Finished SqFt3,890 SqFtStories2Lot Size6,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1918CountyCOOKAPN16-09-227-006

Schools near 427 North Lawler 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 - K to 8
Rating
School
Distance
Nash Elementary School
PublicPK to 8

Marshall Metropolitan High School
Public9 to 12

Moving Everest Charter School
CharterK to 8

KIPP Academy Chicago Campus
CharterK to 8

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.

Similar Homes

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Similar Sold Homes

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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 Coldwell Banker Realty

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 11/13/2024 02:28 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.