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$625,000
New Listing

1505 S Kolin Avenue
Chicago, IL 60623

For Sale|Multi Family|Active
8
Beds
3
Total Baths
1920
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner
Call Now: 312-767-7744
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312-767-7744
1505 S Kolin Avenue1505 S Kolin Avenue1505 S Kolin Avenue1505 S Kolin Avenue
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**Exceptional Four-Unit Investment Opportunity!** Completely transformed from top to bottom, this extensively gut-rehabbed property has been legally rezoned & permitted for four residential units. Nearly every system and surface has been replaced, offering the appeal of modern construction within an existing building. Major improvements include a stunning new brick front facade, new roof, new rear porches, all-new electrical and plumbing systems, new HVAC with separate furnaces and tankless water heaters for each unit, new windows, flooring, kitchens, and beautifully designed bathrooms. No detail has been overlooked in this remarkable transformation! The first floor features 2 bedrooms and 1 bathroom, while the second and third floors each offer 3 bedrooms and 1 bathroom. A fourth residential unit is currently being completed in the full basement, creating additional rental income potential. Each residence showcases contemporary finishes, spacious living areas, and modern conveniences designed for today's lifestyle. Whether you're a savvy investor seeking to expand your portfolio or an owner-occupant looking to live in one unit while generating rental income from the others, this property presents an exceptional opportunity. With extensive capital improvements, multiple income streams, and long-term investment potential.This is a property you won't want to miss. Schedule your private showing today!

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Listing Snapshot
Price 
$625,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1920
MLS® Number 
12723416
Status 
Active
Property Tax 
$2,117
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS®
19 hours agoListing first seen on site
General Features
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
FinishedFull
Heating 
Natural GasForced 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
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner



Based on information submitted to the MLS GRID as of 2026-10-16 01:35 PM UTC. 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.
Last checked: 2026-10-16 01:35 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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Source: Walkscore
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