Properties

Features
: Gas , Forced Air
: Full , Finished
: Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60623
Kolin
1505
Avenue
W88° 15' 60''
N41° 51' 37.2''
From 16th North on Kolin to 1505
CHI - North Lawndale
CHI - North Lawndale
S
S
Neighborhood
299
299
299
Additional Information
: Brick
25X125
: Public , Lake Michigan
Baird & Warner
Annette Shelton
Financial
2117
Listing Information
140555
88724
MRED
: None
Listing Information
Contingent
2026-10-19T19:49:03Z
2026-10-19T19:48:41Z
Property Description

**Exceptional Four-Unit Investment Opportunity!** Completely transformed from top to bottom, this extensively gut-rehabbed property has been legally rezoned & permitted for four residential units. Nearly every system and surface has been replaced, offering the appeal of modern construction within an existing building. Major improvements include a stunning new brick front facade, new roof, new rear porches, all-new electrical and plumbing systems, new HVAC with separate furnaces and tankless water heaters for each unit, new windows, flooring, kitchens, and beautifully designed bathrooms. No detail has been overlooked in this remarkable transformation! The first floor features 2 bedrooms and 1 bathroom, while the second and third floors each offer 3 bedrooms and 1 bathroom. A fourth residential unit is currently being completed in the full basement, creating additional rental income potential. Each residence showcases contemporary finishes, spacious living areas, and modern conveniences designed for today’s lifestyle. Whether you’re a savvy investor seeking to expand your portfolio or an owner-occupant looking to live in one unit while generating rental income from the others, this property presents an exceptional opportunity. With extensive capital improvements, multiple income streams, and long-term investment potential.This is a property you won’t want to miss. Schedule your private showing today!

Residential Income For Sale

1505 S Kolin Avenue, Chicago, Illinois 60623

  • Bedrooms : 8
  • Bathrooms : 3
$625,000
Listing ID#12723416
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12723416
Price : $625,000
Bedrooms : 8
Rooms : 14
Bathrooms : 3
Year Built : 1920
Listing Status : Active Under Contract
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