$315,000
1319 S Harding Avenue
Chicago, IL, 60623
Excellent investment opportunity in the vibrant community of North Lawndale! Boasting unique architectural features, this six-unit building offers tremendous potential for increased rental income through modern updates. Featuring three 2-bedroom/1-bath units and three 4-bedroom/1-bath units with bright, spacious rooms and high ceilings. Each unit is individually metered and includes its own furnace. A private enclosed stairwell provides two entrances and exits per unit, and exterior back stairs provide deck areas for the two-bedroom units. Conveniently located in North Lawndale, the property is near essential amenities, public transportation, parks, schools, and shopping centers, making it an attractive choice for residents. Tapping into North Lawndale’s rental market opportunities, this multifamily property holds significant potential for higher rental income. Four units are currently occupied at below-market rents. The property requires some renovation and is sold AS IS. Preserving and enhancing its unique features will not only increase appeal but also contribute to the neighborhood’s character and value. With easy access to I-290, local bus stops, and just 0.08 miles from both the blue and pink line EL trains, this is a rare gem for savvy investors. Don’t miss out on this opportunity in the heart of North Lawndale!
Property Details
Price:
$315,000
MLS #:
MRD11845870
Status:
Active
Beds:
0
Baths:
0
Address:
1319 S Harding Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Mar 4, 2024
State:
IL
Finished Sq Ft:
6,270
ZIP:
60623
Year Built:
1913
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Other
Financial
Buyer Agent Compensation
2.5% – $495Net Sale Price
Tax Year
2022
Taxes
$1,857
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1319 S Harding Avenue
Chicago, IL
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