Chicago, IL 60623 1249 S Kolin Avenue
$417,000



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Presented By: Main Street Real Estate Group
Home Details
***Multiple Offers Received, Highest and Best Due*** Well-Maintained Legal 3-Unit Building with Strong Rental Potential! This solid, income-producing property features a newer roof (less than 1 year old), furnaces and water heaters just a few years old, and updated mechanicals, plumbing and electric - truly turnkey. Whether you're looking to sit back and collect rent or live in one unit while your tenants pay the mortgage, this property offers excellent flexibility and value. Each of the three spacious units has separate gas and electric utilities, along with dedicated water heaters and furnaces. The recently remodeled middle unit boasts 3 bedrooms, an updated kitchen with granite countertops, stainless steel appliances, in-unit laundry, newly refinished hardwood floors, and fresh paint for a modern, move-in-ready look. The top-floor unit is rented month-to-month, the garden unit is leased, and the main level is vacant - perfect for an owner-occupant or a strategic investor. A gated parking pad adds convenience and appeal for tenants. Located in a desirable and growing area, this is a smart opportunity for investors and house hackers alike.
Presented By: Main Street Real Estate Group
Interior Features for 1249 S Kolin Avenue
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Full
Total Number of Units3
General for 1249 S Kolin Avenue
Additional Parcels Y/NNo
CityChicago
Community FeaturesPark, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction MaterialsVinyl Siding, Brick
ContingencyAttorney/Inspection
CountyCook
DirectionsKostner to 13th, East to Kolin, North to 1249
Electric Expense720
Elementary School District299
Fuel Expense1080
Gross Income36000
HeatingNatural Gas, Electric, Forced Air
High School District299
Insurance Expense1525
MLS AreaCHI - North Lawndale
MaintenanceExpense1500
Middle/Junior School District299
ModificationTimestamp2025-05-24T13:24:01.842Z
Net Operating Income28000
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount1693.47
Tax Year2023
Total Rooms18
TownshipWest Chicago
Trash Expense0
Water Sewer Expense1200
Year Built1905
ZoningMULTI
Exterior for 1249 S Kolin Avenue
Lot Dimensions25X125
Lot Size Acres0.07
Other EquipmentTV-Cable, TV-Dish, CO Detectors
Parking FeaturesOn Site, Owned
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
