Price Reduced Listing
$494,999
 $2,657 est/mo Sourced by Back At You

1040 N Lawndale Avenue,Chicago, IL 60651

Chicago, IL 60651

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Description

Prime Humboldt Park investment opportunity! Fully rented solid-brick two-flat offering 5 bedrooms + 2 additional finished lower-level rooms and 3 full bathrooms, providing immediate rental income and excellent long-term potential. The first floor features 2 bedrooms/1 bath, while the second floor offers 3 bedrooms/1 bath. The finished lower level provides two additional approximately 11'10' rooms currently configured as bedrooms, a full bathroom, and front egress, adding valuable living and flex space. Additional highlights include a full finished basement, private rear parking for two vehicles, and classic brick construction. Ideally located near public transportation, shopping, restaurants, parks, and everything thriving Humboldt Park has to offer. A rare opportunity to acquire a fully occupied, income-producing Chicago two-flat with exceptional space, versatility, and future potential.

Details

MLS #12706496
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1913
Days On Site46
Listing Provided ByKale Realty | Kassia Cerda

Features

Bed(s)5
Bath(s)3
BasementY

Interior

Rooms Total11
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesYes, Owned

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount6649.67

Area Information

StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI Humboldt Park
Listing VS Median (in 60651)
Price:
$494,999
low | high
Med:
$329,000
83.535219263069% of Average
On site:
46
low | high
Med:
46
100% of Average
Sourced by Back At You

Market Activity 60651

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI Humboldt Park
Listing VS Median (in 60651)
Price:
$494,999
low | high
Med:
$329,000
83.535219263069% of Average
On site:
46
low | high
Med:
46
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $371K - $618K
sqft: 0 - 0
Listing Updated: September 4, 2026 at 8:14:46 PM PDT
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