Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.
Contingent
$225,000
1528 S Spaulding Ave, Chicago, IL 60623
8beds
--sqft
Est.:
Multi Family
Built in 1896
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Quiet residential streetSeparate furnacesIn-unit laundry hook-upsFour bedroomsOne bathroom
- 33 days
- on Zillow |
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