Pride of ownership! Immaculately constructed and fully rebuilt in 2017, this stunning 6-unit multi-family Greystone offers exceptional modern living and investment potential. Two of the six units are spacious duplexes located on the first floor of a deep lot, and all units are finished to a condo-grade standard. Extensive renovations completed in 2017 include a new roof, energy-efficient windows, professional tuckpointing, updated concrete work, new HVAC systems, plumbing, electrical, and beautiful hardwood flooring throughout. Each unit features custom-designed kitchens and bathrooms, a wood-framed back deck with durable steel screen doors, and soundproofing between floors for enhanced privacy. The lower levels boast elegant ceramic tile flooring, and every unit has its own utilities conveniently located on the same floor. All units are currently rented, offering immediate income for investors. This property boasts an extraordinary High cap rate-an exceptional return that is rarely seen in today’s market. There is significant upside potential as current rents are well below market value, with at least $200 per unit of additional rental income easily achievable. For more information or to schedule a viewing, please call today.
Property Details
Price:
$849,500
MLS #:
MRD12744974
Status:
Active Under Contract
Beds:
20
Baths:
8
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Aug 29, 2026
Lot Size:
4,375 sqft / 0.10 acres (approx)
Year Built:
1908
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Concrete, Limestone
Roof
Rubber
Stories
3
Financial
Tax Year
2024
Taxes
$5,266
Map
Community
- Address1448 S Hamlin Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Commercial in Chicago as of Oct 04, 2026
908
Commercial Listed
185
Avg DOM
$1,019,529
Avg List Price
Property Summary
- 1448 S Hamlin Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $849,500
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Copyright 2026. All rights reserved.
1448 S Hamlin Avenue
Chicago, IL


