Prime Humboldt Park investment opportunity! Fully rented solid-brick two-flat offering 5 bedrooms + 2 additional finished lower-level rooms and 3 full bathrooms, providing immediate rental income and excellent long-term potential. The first floor features 2 bedrooms/1 bath, while the second floor offers 3 bedrooms/1 bath. The finished lower level provides two additional approximately 11’10’ rooms currently configured as bedrooms, a full bathroom, and front egress, adding valuable living and flex space. Additional highlights include a full finished basement, private rear parking for two vehicles, and classic brick construction. Ideally located near public transportation, shopping, restaurants, parks, and everything thriving Humboldt Park has to offer. A rare opportunity to acquire a fully occupied, income-producing Chicago two-flat with exceptional space, versatility, and future potential.
Property Details
Price:
$494,999
MLS #:
MRD12706496
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Jul 23, 2026
Year Built:
1913
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$6,650
Map
Community
- Address1040 N Lawndale Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60651
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 11, 2026
1,348
Multi Family Listed
76
Avg DOM
$524,617
Avg List Price
Property Summary
- 1040 N Lawndale Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $494,999
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Copyright 2026. All rights reserved.
1040 N Lawndale Avenue
Chicago, IL


