3548 W 13th Place
Chicago, IL, 60623
$799,999
5 Beds
2 Baths
0 SqFt
0 Acres
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$799,999
3548 W 13th Place
Chicago, IL, 60623
MLS #MRD12482421 image #0MLS #MRD12482421 image #1MLS #MRD12482421 image #2MLS #MRD12482421 image #3MLS #MRD12482421 image #4MLS #MRD12482421 image #5MLS #MRD12482421 image #6MLS #MRD12482421 image #7MLS #MRD12482421 image #8MLS #MRD12482421 image #9MLS #MRD12482421 image #10MLS #MRD12482421 image #11MLS #MRD12482421 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 of which have 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 5 out of 6 units, and working on the 6th unit to be renovated. 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:
$799,999
MLS #:
MRD12482421
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Oct 1, 2025
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 Oct 06, 2025
1,113
Commercial Listed
162
Avg DOM
155
Avg $ / SqFt
$1,033,409
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 $799,999 To schedule a showing of MLS#mrd12482421 at 3548 W 13th Place in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3548 W 13th Place
Chicago, IL