Exceptional investment opportunity in prime Loyola University location generating over $105,000 in annual rental income! This classic brick two-flat features two bright and spacious 3-bedroom, 1.5-bath apartments, plus a beautifully renovated 2-bedroom, 1-bath garden unit. The upper apartments offer generous room sizes, hardwood floors, abundant natural light, updated kitchens and baths, and charming front and rear sunrooms. The garden level was recently renovated with a modern kitchen, stainless-steel appliances, stylish bath, updated flooring, and recessed lighting. Fully rented with leases extending through May and June 2027. The building has a history of exceptional tenant demand with zero vacancy due to its proximity to Loyola University. Additional highlights include a two-car garage, flood-control system, new boiler and water heater, numerous capital improvements, and potential to add a fourth bedroom to the upper apartments for additional income. Ideally located near Loyola University, the Red Line, lakefront, restaurants, shopping and neighborhood conveniences. Garden unit is non-conforming; seller makes no representation regarding its legality. Licensed Illinois real estate broker has ownership interest in the property.
Property Details
Price:
$935,000
MLS #:
MRD12761554
Status:
Active Under Contract
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
chirogerspark
Listed Date:
Sep 16, 2026
Year Built:
1920
See this Listing
Schools
School District:
299
Interior
Heating
Steam
Exterior
Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Maintenance Fee
$6,250
Tax Year
2025
Taxes
$11,836
Map
Community
- Address6449 N Lakewood Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60626
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 10, 2026
1,353
Multi Family Listed
75
Avg DOM
$525,788
Avg List Price
Property Summary
- 6449 N Lakewood Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60626. It is listed for $935,000
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Copyright 2026. All rights reserved.
6449 N Lakewood Avenue
Chicago, IL


