O'Neil Property Group

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$625,000
19 Days On Site

1505 S Kolin Avenue
Chicago, IL 60623

For Sale|Multi Family|Active Under Contract
8
Beds
3
Total Baths
1920
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner
1505 S Kolin Avenue1505 S Kolin Avenue1505 S Kolin Avenue1505 S Kolin Avenue
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**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!

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Listing Snapshot
PriceΒ 
$625,000
Days On SiteΒ 
19 Days
BedroomsΒ 
8
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
3
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1920
MLS NumberΒ 
12723416
StatusΒ 
Active Under Contract
Property TaxΒ 
$2,117
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active Under Contract
3 weeks agoListing first seen on site
General Features
Parking SpacesΒ 
3
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
Water SourceΒ 
Public
Interior Features
BasementΒ 
FinishedFull
HeatingΒ 
Forced Air
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Exterior Features
Construction DetailsΒ 
Brick
Community Features
MLS AreaΒ 
CHI - North Lawndale
School DistrictΒ 
299
TownshipΒ 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner



Based on information submitted to the MLS GRID as of 2026-11-04 09:59 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-04 09:59 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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