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1504 S Hamlin Avenue Chicago, IL 60623 Multi Unit - Multiple New

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  • 1504 S Hamlin Avenue , Chicago, IL 60623 Main Photo

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Description

Excellent opportunity to acquire a fully occupied, income-producing brick 3-unit property in North Lawndale. This well-maintained building features three spacious 3-bedroom residences offering consistent layouts and finishes throughout. Each apartment features beautiful hardwood flooring, generous living space, abundant natural light, updated kitchens with white cabinetry, tile backsplashes, and stainless steel appliances, along with updated baths and classic Chicago architectural character. All three units are currently tenant-occupied, providing immediate rental income from day one. Convenient West Side location with easy access to public transportation, major thoroughfares, neighborhood amenities, and I-290. Nearby parks provide additional green space and recreation. A solid opportunity for an investor seeking an occupied multifamily asset with updated interiors and established rental income. Don't miss the opportunity to add a classic Chicago brick building to your portfolio.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 5
County: Cook
Listed By:
EXIT Strategy Realty 312-554-5478
MRED MLS
$529,900
Est. $3,571/mo
9beds
5baths
New to the Market New
BEDS9 BATHS5 full MLS#12751850
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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1504 S Hamlin Avenue , Chicago, IL 60623.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $529,900$529,900$529,900
Down Payment $105,980$18,547$132,475
Monthly Mortgage Amount $2,679$3,289$3,327
Taxes $737$737$737
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$233$0
Monthly Estimated Total $3,571$4,414$4,219

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