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$225,000
24 Days On Site
1528 S Spaulding AvenueChicago, IL 60623
For Sale|Multi Family|Active Under Contract
8
Beds
2
Total Baths
1896
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Realty Boutique
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877 582 4399



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Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.
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Listing Snapshot
Price
$225,000
Days On Site
24 Days
Bedrooms
8
Inside Area (SqFt)
N/A
Total Baths
2
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1896
MLS® Number
12403997
Status
Active Under Contract
Property Tax
$2,011
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Status changed to Active Under Contract | |
4 weeks ago | Listing first seen on site |
General Features
Parking
On Site
Parking Spaces
2
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Interior Features
Basement
UnfinishedFull
Heating
Forced Air
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Exterior Features
Construction Details
Brick
Community Features
MLS Area
CHI - North Lawndale
School District
299
Township
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Realty Boutique
Based on information submitted to the MLS GRID as of 2025-07-29 11:21 AM UTC. 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.
Last checked: 2025-07-29 11:21 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Based on information submitted to the MLS GRID as of 2025-07-29 11:21 AM UTC. 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.
Last checked: 2025-07-29 11:21 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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