$569,900
1806 S TRUMBULL Avenue
Chicago, IL, 60623
Charming 3-Unit Investment Opportunity in Thriving Lawndale Neighborhood. Nestled on a well-maintained block in Chicago’s vibrant Lawndale neighborhood, this recently rehabbed 3-unit building offers a rare opportunity for the savvy investor or owner-occupant. Surrounded by new construction and community revitalization, this turn-key property is a true gem, ready to generate instant income. Property Highlights * 1st Floor Unit: Spacious 1-bedroom/1-bath with access to common laundry facilities and a utility room, perfect for steady rental income. * 2nd Floor Unit: Tastefully rehabbed 2-bedroom/1-bath, ideal for owner-occupancy or premium rental income. * 3rd Floor Unit: Expansive 3-bedroom/1-bath, offering a highly desirable layout and ample rental potential. Modern Updates: Every unit boasts updated kitchens featuring granite countertops, sleek cabinetry, and stainless-steel appliances. Additional upgrades include: * New plumbing, electrical systems, and HVAC systems for each unit. * A brand-new back porch and brand-new 2-Car Garage, offering added functionality and style. * Open floor plans with hardwood floors throughout and ceramic tile in kitchens for a polished, low-maintenance look. Outdoor Perks: Enjoy a beautiful backyard, fully paved parking area, and a secure gated fence-providing convenience, privacy, and curb appeal. Investment Opportunity: Live in the available 2nd-floor unit while the other two units generate income or rent all three for exceptional cash flow. A basement laundry facility adds convenience for tenants, ensuring strong rental demand. Location & Lifestyle: Situated on a lovely block that showcases pride in homeownership, this property is steps away from parks, schools, shopping, and public transportation. The neighborhood’s growth and revitalization make this an even more compelling investment opportunity. Don’t miss out on this stylish, income-generating property-schedule your showing today and secure your place in one of Chicago’s most exciting neighborhoods!
Property Details
Price:
$569,900
MLS #:
MRD12267772
Status:
Active
Beds:
6
Baths:
3
Address:
1806 S TRUMBULL Avenue
Type:
Multi Family
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
Jan 9, 2025
State:
IL
ZIP:
60623
Year Built:
1905
Schools
School District:
299
Interior
Heating
Natural Gas, Electric, Forced Air
Exterior
Architectural Style
Greystone
Community Features
Sidewalks, Street Lights, Street Paved
Parking Spots
2
Financial
Tax Year
2023
Taxes
$3,430
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1806 S TRUMBULL Avenue
Chicago, IL
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