3548 W 13th Place
Chicago, IL, 60623
$825,000
5 Beds
2 Baths
0 SqFt
0 Acres
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$825,000
3548 W 13th Place
Chicago, IL, 60623
MLS #MRD12566875 image #0MLS #MRD12566875 image #1MLS #MRD12566875 image #2MLS #MRD12566875 image #3MLS #MRD12566875 image #4MLS #MRD12566875 image #5MLS #MRD12566875 image #6MLS #MRD12566875 image #7MLS #MRD12566875 image #8MLS #MRD12566875 image #9MLS #MRD12566875 image #10MLS #MRD12566875 image #11MLS #MRD12566875 image #12
This 6-unit multifamily property, featuring 2 additional Garden units prepared with gas, electric, and plumbing, is ready to accommodate 2 additional units. It is located just 8 minutes from the Medical District, offering an exceptional investment opportunity in the vibrant North Lawndale neighborhood. Built in 1901, this Class C property generates immediate cash flow and offers value-add potential, benefiting from its prime location within both an Opportunity Zone and Enterprise Zone 1, which provides substantial tax incentives for investors. This property features three 3-bedroom, 1-bathroom units and three 2-bedroom, 1-bathroom units, all with In-Unit washers and dryers, catering to families and working professionals. This desirable unit mix ensures stable occupancy in a market undergoing revitalization and economic growth. Completely renovated all units. Refinished the Roof in August 2025. The property benefits from its proximity to transportation, schools, and amenities, ensuring strong tenant demand and long-term growth opportunities.

Property Details

Price:
$825,000
MLS #:
MRD12566875
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Feb 12, 2026
Year Built:
1903
Chi – North LawndaleChinorthlawndale

Schools

Interior

Exterior

Construction Materials
Brick, Stone

Financial

Net Operating Income
$107,400
Tax Year
2023
Taxes
$3,610
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Feb 12, 2026
964
Commercial Listed
198
Avg DOM
170
Avg $ / SqFt
$1,016,588
Avg List Price

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Property Summary

    3548 W 13th Place Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $825,000 To schedule a showing of MLS#mrd12566875 at 3548 W 13th Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
3548 W 13th Place
Chicago, IL