Chicago, IL 60623 1506 S TRUMBULL Avenue

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Presented By: Coldwell Banker Realty
  • MLS# 12134474
  • 08/09/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 7
  • Full/Half Baths • 3 / 1

Home Details

Welcome to this fantastic investment opportunity in the highly sought-after North Lawndale community! This property is perfect for both investors and owner-occupants utilizing an FHA 203k loan. The property features two units: the first unit offers 3 bedrooms and 1 bathroom, while the second unit boasts 4 bedrooms and 1 bathroom. Additionally, a full basement with a half bathroom provides extra space and potential. Situated on a double lot, this property offers the unique advantage of additional space for potential development. While the exterior of the property is in good condition, the interior presents an excellent opportunity for customization and upgrades. This property is a rare find with great potential and is not to be missed. With an after repair value (ARV) well into $500k, this property promises a lucrative return on investment. Quick access to bus and train stations and only blocks away from either direction to I-290 and I-55. Only a 5 minutes drive to downtown Chicago. With both Mt. Saini and St. Anthony's hospital being right down the street, this is all presents the perfect location for residents. Don't miss out on this exceptional opportunity to invest in North Lawndale. Contact us today to schedule a viewing and explore the possibilities this property has to offer.
Presented By: Coldwell Banker Realty

Interior Features for 1506 S TRUMBULL Avenue

Bedrooms

Bedrooms Possible7
Total Bedrooms7

Bathrooms

Full Baths Building2
Half Baths Building1
Total Baths3

Other Interior Features

BasementFull, Walkout
BasementUnfinished
Total Number of Units2

Other Rooms

Room TypeEnclosed Porch

General for 1506 S TRUMBULL Avenue

Additional Parcels Y/NNo
Architectural StyleGreystone
CityChicago
ContingencyAttorney/Inspection
CountyCook
Days on Market13
DirectionsHOMAN AVE SO TO 16TH ST W TO TRUMBULL N TO ADD
Elementary School District299
HeatingNatural Gas, Radiator(s)
High School District299
MLS AreaCHI - North Lawndale
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Subdivision NameLawndale
Tax Annual Amount4445.76
Tax Year2023
Total Rooms13
TownshipSouth Chicago
Waterfront Y/NNo
Year Built1898

Exterior for 1506 S TRUMBULL Avenue

ExteriorBrick, Stone
Foundation DetailsBrick/Mortar
Lot Dimensions50 X 125
Lot FeaturesFenced Yard
ModelGREYSTONE
Other EquipmentSecurity System
Total Parking0
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $269,900
MLS#12134474
List Date 08/09/2024
Property Type Contingent
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