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$225,000

1528 S Spaulding Avenue
Chicago, IL 60623

Multi Family|Sold 10/02/2025
8
Beds
2
Total Baths
1896
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Realty Boutique
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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.

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Listing Snapshot
Bedrooms 
8
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
N/A
Lot Size 
N/A
Year Built 
1896
MLS® Number 
12403997
Status 
Sold
Property Tax 
$2,011
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 months agoListing updated with changes from the MLS®
General Features
Parking 
On Site
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
UnfinishedFull
Heating 
Forced Air
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - North Lawndale
School District 
299
Township 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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