Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof.Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are $4,760/ month.
Property Details
Property Features
Property Information:
Year Built: 1920
Listing Office:
Office Name: Main Street Real Estate Group
Office Phone: (773) 799-8042
Listing Agent: Lawrence Dunning
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Total Bedroom Count: 9
Exterior Features
Parking Information:
Parking: Driveway, Alley Access, Rear/Side Entry
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: South down Independence Ave, east on Roosevelt and south on Lawndale
Price Information
Listing Price Info
Price Summary:
List Price: $499,900
Tax Information:
Annual Amount: $3,024
Tax Year: 2019
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $139.5K more than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12201582
Listing Office:
Office Name: Main Street Real Estate Group
Office Phone: (773) 799-8042
Listing Agent: Lawrence Dunning
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Cardenas Elementary School
2345 S Millard Ave
Distance between this listing and this school1.16 miles
Public District Grades PK-3
5
/10
Liberty Elementary School
4946 W 13th St
Distance between this listing and this school1.58 miles
Public District Grades PK-3
5
/10
Theodore Roosevelt Elementary School
1500 S 50th Ave
Distance between this listing and this school1.66 miles
Public District Grades 4-6
Nearby Schools
3
/10
Herzl Elementary School
3711 W Douglas Blvd
Distance between this listing and this school0.22 miles
Public District Grades PK-8
2
/10
Lawndale Elementary Community Academy
3500 W Douglas Blvd
Distance between this listing and this school0.27 miles
Public District Grades KG-8
5
/10
Gregory Math and Science Elementary Academy
3715 W Polk St
Distance between this listing and this school0.38 miles
Public District Grades PK-8
Nearby Schools
1
/10
Yccs-Cca Academy High School
1231 S Pulaski Rd
Distance between this listing and this school0.34 miles
Public Charter Grades 9-12
2
/10
Noble St Charter-Drw Trading College Preparatory
931 S Homan Ave
Distance between this listing and this school0.52 miles
Public Charter Grades 9-12
2
/10
North Lawndale Preparatory Charter - Christiana
1615 S Christiana Ave
Distance between this listing and this school0.65 miles
The neighbors living near this home have an average income of $43,428. Residents of Chicago, IL typically earn between $35k-100k each year. Typical family type is single, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1242 S Lawndale Ave
What is the listing price of this property?
The listing price of 1242 S Lawndale Ave property is $499,900.
What type of property is this?
The property 1242 S Lawndale Ave is a house located in Chicago, Illinois, 60623.
Is this property for sale now?
Active Listing: 1242 S Lawndale Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $3,024 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 6, 2021 for $166,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1242 S Lawndale Ave has 9 bedrooms and 4 bathrooms.
Which year was this property built?
The year of construction for 1242 S Lawndale Ave is 1920.
This home is located at 1242 S Lawndale Ave in Chicago, IL and zip code 60623 in the West Side neighborhood. This home was built in 1920. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $499,900.
While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.
From Rocket Homes Real Estate and based on county public records data.