$417,000
1249 S Kolin Avenue
Chicago, IL, 60623
***Multiple Offers Received, Highest and Best Due*** Well-Maintained Legal 3-Unit Building with Strong Rental Potential! This solid, income-producing property features a newer roof (less than 1 year old), furnaces and water heaters just a few years old, and updated mechanicals, plumbing and electric – truly turnkey. Whether you’re looking to sit back and collect rent or live in one unit while your tenants pay the mortgage, this property offers excellent flexibility and value. Each of the three spacious units has separate gas and electric utilities, along with dedicated water heaters and furnaces. The recently remodeled middle unit boasts 3 bedrooms, an updated kitchen with granite countertops, stainless steel appliances, in-unit laundry, newly refinished hardwood floors, and fresh paint for a modern, move-in-ready look. The top-floor unit is rented month-to-month, the garden unit is leased, and the main level is vacant – perfect for an owner-occupant or a strategic investor. A gated parking pad adds convenience and appeal for tenants. Located in a desirable and growing area, this is a smart opportunity for investors and house hackers alike.
Property Details
Price:
$417,000
MLS #:
MRD12357680
Status:
Active Under Contract
Beds:
7
Baths:
3
Address:
1249 S Kolin Avenue
Type:
Multi Family
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
May 6, 2025
State:
IL
ZIP:
60623
Year Built:
1905
Schools
School District:
299
Interior
Heating
Natural Gas, Electric, Forced Air
Exterior
Community Features
Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Parking Features
On Site, Owned
Parking Spots
2
Financial
Maintenance Fee
$1,500
Tax Year
2023
Taxes
$1,693
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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1249 S Kolin Avenue
Chicago, IL
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