Exceptional opportunity to acquire a fully renovated six-unit brick multifamily property in Chicago’s North Lawndale neighborhood. Situated on a 24 125 lot, the building offers approximately over 5000 SQF of a desirable unit mix of five 2-bedroom/1-bath apartments and one 3-bedroom/1-bath apartment. Delivered vacant, the building gives its next owner immediate control over tenant selection, lease terms, and management while providing the opportunity to lease each apartment at current market rents. Improvements include modern kitchens, renovated bathrooms, updated flooring, fresh finishes, and upgrades throughout. The unfinished basement provides additional storage and potential future value-add opportunities, subject to buyer due diligence and municipal approval. Conveniently located near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers. Ideal for an investor expanding a multifamily portfolio, completing a 1031 exchange, or seeking a renovated asset positioned for immediate lease-up. Offering Memorandum, projected rents, financial analysis, renovation information, and additional due-diligence materials are available upon request.
Property Details
Price:
$715,948
MLS #:
MRD12754144
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Sep 8, 2026
Total Sq Ft:
5,364
Year Built:
1905
See this Listing
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2023
Taxes
$4,087
Map
Community
- Address1621 S Lawndale Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Commercial in Chicago as of Oct 06, 2026
895
Commercial Listed
184
Avg DOM
$1,016,745
Avg List Price
Property Summary
- 1621 S Lawndale Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $715,948
Similar Listings Nearby

Copyright 2026. All rights reserved.
1621 S Lawndale Avenue
Chicago, IL


