1040 N Lawndale Avenue
Chicago, IL, 60651
$494,999
5 Beds
3 Baths
0 SqFt
0 Acres
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$494,999
1040 N Lawndale Avenue
Chicago, IL, 60651
MLS #MRD12706496 image #0MLS #MRD12706496 image #1MLS #MRD12706496 image #2MLS #MRD12706496 image #3MLS #MRD12706496 image #4MLS #MRD12706496 image #5MLS #MRD12706496 image #6MLS #MRD12706496 image #7MLS #MRD12706496 image #8MLS #MRD12706496 image #9
Prime Humboldt Park investment opportunity! Fully rented solid-brick two-flat offering 5 bedrooms + 2 additional finished lower-level rooms and 3 full bathrooms, providing immediate rental income and excellent long-term potential. The first floor features 2 bedrooms/1 bath, while the second floor offers 3 bedrooms/1 bath. The finished lower level provides two additional approximately 11’10’ rooms currently configured as bedrooms, a full bathroom, and front egress, adding valuable living and flex space. Additional highlights include a full finished basement, private rear parking for two vehicles, and classic brick construction. Ideally located near public transportation, shopping, restaurants, parks, and everything thriving Humboldt Park has to offer. A rare opportunity to acquire a fully occupied, income-producing Chicago two-flat with exceptional space, versatility, and future potential.

Property Details

Price:
$494,999
MLS #:
MRD12706496
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Jul 23, 2026
Year Built:
1913
Chi – Humboldt ParkChihumboldtpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$6,650
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 12, 2026
1,351
Multi Family Listed
76
Avg DOM
$526,366
Avg List Price

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Property Summary

    1040 N Lawndale Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $494,999 To schedule a showing of MLS#mrd12706496 at 1040 N Lawndale Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1040 N Lawndale Avenue
Chicago, IL