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1807 N Lawndale Ave, Chicago, IL, 60647

$1,100,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
4 Baths
House
Schools Nearby

Location

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1807 N Lawndale Ave, Chicago$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1888
HeatingNatural Gas, Forced Air
BasementYes
MLS #12004857
StatusActive

About 1807 N Lawndale Ave

Exceptionally well-located legal 4 unit steps to 606 trail, 1 mile to Healy Metra, 1.5 miles to California Blue line, and everything Logan. Currently a 6.6 Cap at asking price. Offers multiple investment objectives as investor or end user. Unit mix offers (1) 3 bedroom 1 bath and (3) 2 bedroom 1 bath. Individual gas forced heat and central air, separate hot water tanks, newer kitchens and baths, hardwood floors, huge yard and in unit laundry make these units very desirable. Current Gross Monthly Income $7,400.00; Annual Income is currently $88,800 with increasing the rents at the next lease renewals, the building should be grossing closer to $105,600. Current Net Operating Income is about $73,000. Property was completely gut rehabbed with plans and permits about 11 years ago and is fully stabilized with 3 leases expiring June, July and August 2024 and 1 unit MTM providing an opportunity to increase rents. At lease renewals, rents should be: Unit G $1,800 Unit 1 $2,350 with a garage parking space Unit 2 $2,350 with a garage parking space Unit 3 $2,300. Total Monthly goes from current amount of $7,400 to $8,800; Taking the yearly gross to $105,600 and the NOI to $90,000; making this an 8 cap. Zoning Certificate shows 4 units. Don't miss out on this money maker and make your appointment today.

Property Details

Property Features

Property Information:

  • Year Built: 1888

Listing Office:

  • Office Name: Adonis Realty LLC
  • Office Phone: (773) 447-5081
  • Listing Agent: Anthony Macias

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Farragut Career Academy High School, Public District Grades 9-12
  • Dvorak Technology Academy, Public District Grades KG-8

Other

Directions Information:

  • Directions: Central Park to Cortland, West to Lawndale then go South to Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $6,776
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

1807 N Lawndale Ave vs Chicago

51 DAYS ON ROCKET

+18 Days

$1,100,000

+$750.9K More

KEY TAKEAWAY

This property is $750.9K 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: #12004857

Listing Office:

  • Office Name: Adonis Realty LLC
  • Office Phone: (773) 447-5081
  • Listing Agent: Anthony Macias

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 4:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 11, 2010Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2019$6,776$33,602
2018$6,637$33,602
2017$2,705$24,558

History based on county public records data.

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$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-6562873
2
/10

  • Dvorak Technology Academy

  • 3615 W 16th St

  • 0.14 miles

  • Public District Grades KG-8

High School

school-card-donut-6562874
1
/10

  • Farragut Career Academy High School

  • 2345 S Christiana Ave

  • 0.69 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,711. The majority of Chicago, IL residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1807 N Lawndale Ave

What is the listing price of this property?

The listing price of 1807 N Lawndale Ave property is $1,100,000.

What type of property is this?

The property 1807 N Lawndale Ave is a house located in Chicago, Illinois, 60647.

Is this property for sale now?

Active Listing: 1807 N Lawndale Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1807 N Lawndale Ave are:
Dvorak Technology Academy: GreatSchools Rating 2/10
Farragut Career Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $6,776 (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 11, 2010 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1807 N Lawndale Ave has 9 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1807 N Lawndale Ave is 1888.

Rocket Homes›Illinois›Cook County›Chicago›60647›1807 N Lawndale Ave

This home is located at 1807 N Lawndale Ave in Chicago, IL and zip code 60647 in the West Side neighborhood. This home was built in 1888. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,100,000.

In April 2024, from all listings sold in Chicago, IL there were more than 867 sold above asking price, over 1023 sold below and more than 378 were sold right at the asked price. Between March 2024 and April 2024, Chicago, IL real estate market has seen increase in the number of listings by 18.4%. The median list price of listings available in April 2024 was $349,097, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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