Chicago, IL 60623 1528 S Spaulding Avenue
$225,000



11 more












Presented By: Realty Boutique
Home Details
Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.
Presented By: Realty Boutique
Interior Features for 1528 S Spaulding Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
Other Rooms
General for 1528 S Spaulding Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsKedzie North or South to 16th Street West to Spaulding and right to the address.
Elementary School District299
HeatingForced Air
High School District299
MLS AreaCHI - North Lawndale
Middle/Junior School District299
ModificationTimestamp2025-07-07T12:42:01.989Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount2011
Tax Year2023
Total Rooms14
TownshipWest Chicago
Year Built1896
Exterior for 1528 S Spaulding Avenue
Lot Dimensions25 X 125
Parking FeaturesOff Alley, On Site
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
