Properties

Features
: Central Air
: Finished
Address Map
US
IL
Cook
Chicago
60651
Lamon
1218
Avenue
W88° 15' 5''
N41° 54' 10.8''
DIVISION TO LAMON NORTH TO PROPERTY
CHI - Austin
CHI - Austin
N
N
MULTI
Additional Information
: Brick
: Concrete Perimeter
3718
6
6
3
Urbanitas Inc.
Deisy Correa-Chacon
Financial
7726
Listing Information
273551
28326
MRED
Listing Information
New
2026-10-20T08:03:43Z
2026-10-19T22:42:37Z
Property Description

PRIME INVESTMENT OPPORTUNITY – STRONG RETURNS & IMMEDIATE CASH FLOW! Discover this exceptional, fully occupied 6-unit multifamily property delivering an impressive 8.5 cap rate. Completely renovated approximately 8 years ago, every unit features A/C, in-unit laundry, stainless steel appliances, granite countertops, and elegant marble-look bathroom tile. Fully occupied six-unit building generating strong rental income, with established tenants and consistent occupancy, and attractive financial performance, this property offers investors the opportunity to acquire a stabilized, income-producing asset from day one. Whether you’re expanding your portfolio or seeking a high-yield investment, this is an opportunity worth a closer look. Build long-term wealth. Showings available weekdays after 6:00 PM and weekends by appointment only. A minimum of 48 hours’ advance notice is required, as the building is fully tenant-occupied. Please do not disturb tenants or knock on any doors. Showings by confirmed appointment only. Schedule your private showing today!

Commercial Sale For Sale

1218 N Lamon Avenue, Chicago, Illinois 60651

$1,175,000
Listing ID#12783533
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12783533
Price : $1,175,000
Year Built : 1919
Listing Status : Active
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