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1218 N Lamon AvenueChicago, IL 60651




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Enter an interest rate to see your estimated monthly payment.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!
| a week ago | Listing updated with changes from the MLS | |
| a week ago | Status changed to Active | |
| 2 weeks ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2026-11-04 02:04 PM 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 02:04 PM UTC
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