Excellent opportunity to acquire a fully occupied, income-producing brick 3-unit property in North Lawndale. This well-maintained building features three spacious 3-bedroom residences offering consistent layouts and finishes throughout. Each apartment features beautiful hardwood flooring, generous living space, abundant natural light, updated kitchens with white cabinetry, tile backsplashes, and stainless steel appliances, along with updated baths and classic Chicago architectural character. All three units are currently tenant-occupied, providing immediate rental income from day one. Convenient West Side location with easy access to public transportation, major thoroughfares, neighborhood amenities, and I-290. Nearby parks provide additional green space and recreation. A solid opportunity for an investor seeking an occupied multifamily asset with updated interiors and established rental income. Don't miss the opportunity to add a classic Chicago brick building to your portfolio.
New
$529,900
1504 S Hamlin Ave, Chicago, IL 60623
9beds
--sqft
Multi Family
Built in 1925
-- sqft lot
$523,100 Zestimate®
$--/sqft
$-- HOA
What's special
Classic chicago architectural characterAbundant natural lightUpdated bathsGenerous living spaceBeautiful hardwood flooringStainless steel appliancesTile backsplashes
- 3 days |
- 117 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
DeWayne Jefferson dewayne.exit@gmail.com,
EXIT Strategy Realty
Source: MRED as distributed by MLS GRID,MLS#: 12730614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: Yes, Owned
Lot
- Size: 3,049 Square Feet
- Dimensions: 25X100
Details
- Parcel number: 16231250130000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1925
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $420,000
- Annual tax amount: $2,964
- Date on market: 8/11/2026
- Ownership: Fee Simple
Estimated market value
$523,100
$497,000 - $549,000
$1,938/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $529,900+32.5% |
Source:  MRED as distributed by MLS GRID #12730614 Report a problem | ||
| 11/27/2025 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 11/9/2025 | Listed for rent | $1,600+6.7% |
Source: Zillow Rentals Report a problem | ||
| 3/22/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 3/11/2025 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listing removed | $1,500+7.1% |
Source: Zillow Rentals Report a problem | ||
| 2/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listed for rent | $1,400+8.1% |
Source: Zillow Rentals Report a problem | ||
| 1/2/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/1/2022 | Listed for rent | $1,295+17.7% |
Source: Zillow Rental Manager Report a problem | ||
| 12/22/2021 | Sold | $400,000-4.7% |
Source: MRED as distributed by MLS GRID #11163123 Report a problem | ||
| 12/2/2021 | Contingent | $419,900 |
Source: MRED as distributed by MLS GRID #11163123 Report a problem | ||
| 12/2/2021 | Listed for sale | $419,900 |
Source: MRED as distributed by MLS GRID #11163123 Report a problem | ||
| 11/9/2021 | Listing removed | $419,900 |
Source: MRED as distributed by MLS GRID #11163123 Report a problem | ||
| 11/9/2021 | Contingent | $419,900 |
Source: MRED as distributed by MLS GRID #11163123 Report a problem | ||
| 10/28/2021 | Listed for sale | $419,900+199.9% |
Source: MRED as distributed by MLS GRID #11163123 Report a problem | ||
| 1/6/2021 | Sold | $140,000-53.3% |
Source: Public Record Report a problem | ||
| 6/3/2019 | Listing removed | $299,900 |
Source: PIP Management #10159930 Report a problem | ||
| 5/1/2019 | Listed for sale | $299,900+361.4% |
Source: Midwest Real Estate Data #10159930 Report a problem | ||
| 6/8/2016 | Listing removed | $1,100+4.8% |
Source: Letts Property Management Report a problem | ||
| 2/16/2015 | Listing removed | $1,050 |
Source: Go Section8 Report a problem | ||
| 11/20/2014 | Listed for rent | $1,050 |
Source: Go Section8 Report a problem | ||
| 10/20/2014 | Listing removed | $1,050 |
Source: Go Section8 Report a problem | ||
| 1/29/2014 | Listed for rent | $1,050 |
Source: Go Section8 Report a problem | ||
| 8/16/2013 | Listing removed | $1,050 |
Source: MANAGE CHICAGO Report a problem | ||
| 11/7/2012 | Listed for rent | $1,050 |
Source: MANAGE CHICAGO Report a problem | ||
| 10/29/2010 | Sold | $65,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,469 +185.8% | $42,000 +200% |
| 2023 | $2,964 +2.6% | $13,999 |
| 2022 | $2,889 +2.3% | $13,999 |
| 2021 | $2,824 -24% | $13,999 -15.9% |
| 2020 | $3,718 -3.5% | $16,636 -13% |
| 2019 | $3,855 +1.7% | $19,122 |
| 2018 | $3,789 -9.6% | $19,122 -1.5% |
| 2017 | $4,194 +7.8% | $19,416 |
| 2016 | $3,889 +9.3% | $19,416 |
| 2015 | $3,558 -3.3% | $19,416 -2.1% |
| 2014 | $3,681 +2% | $19,838 |
| 2013 | $3,608 +1.4% | $19,838 |
| 2012 | $3,560 -34.6% | $19,838 -41% |
| 2011 | $5,446 -0.4% | $33,610 |
| 2010 | $5,469 +4.4% | $33,610 |
| 2009 | $5,241 -5.1% | $33,610 -12.7% |
| 2008 | $5,522 +1% | $38,497 |
| 2007 | $5,468 -1.1% | $38,497 |
| 2006 | $5,526 +131.4% | $38,497 +163.3% |
| 2005 | $2,389 +1% | $14,619 |
| 2004 | $2,365 +2.2% | $14,619 |
| 2003 | $2,313 +28.2% | $14,619 +45.5% |
| 2002 | $1,805 +26.6% | $10,047 |
| 2001 | $1,426 +1.7% | $10,047 |
| 2000 | $1,402 +0% | $10,047 +37.7% |
| 1999 | $1,402 | $7,298 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 2/10Penn Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Farragut Career Academy High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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