1621 S Lawndale Avenue

Chicago, IL 60623

Exceptional opportunity to acquire a fully renovated six-unit brick multifamily property in Chicago's North Lawndale neighborhood. Situated on a 24 125 lot, the building offers approximately over 5000 SQF of a desirable unit mix of five 2-bedroom/1-bath apartments and one 3-bedroom/1-bath apartment. Delivered vacant, the building gives its next owner immediate control over tenant selection, lease terms, and management while providing the opportunity to lease each apartment at current market rents. Improvements include modern kitchens, renovated bathrooms, updated flooring, fresh finishes, and upgrades throughout. The unfinished basement provides additional storage and potential future value-add opportunities, subject to buyer due diligence and municipal approval. Conveniently located near CTA transportation, I-290, Little Village, Pilsen, parks, neighborhood amenities, and major employment centers. Ideal for an investor expanding a multifamily portfolio, completing a 1031 exchange, or seeking a renovated asset positioned for immediate lease-up. Offering Memorandum, projected rents, financial analysis, renovation information, and additional due-diligence materials are available upon request.

Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago



Based on information submitted to the MLS GRID as of 2026-09-25 06:19 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: 2026-09-25 06:19 AM UTC
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