Closed

$269,900

1506 TRUMBULL Avenue, Chicago, IL 60623
7 Beds3 Baths5 days
1506 TRUMBULL Avenue·Chicago, IL 60623
7Bedrooms
3Bathrooms
1898Year Built
About This Home

Welcome to this fantastic investment opportunity in the highly sought-after North Lawndale community! This property is perfect for both investors and owner-occupants utilizing an FHA 203k loan. The property features two units: the first unit offers 3 bedrooms and 1 bathroom, while the second unit boasts 4 bedrooms and 1 bathroom. Additionally, a full basement with a half bathroom provides extra space and potential. Situated on a double lot, this property offers the unique advantage of additional space for potential development. While the exterior of the property is in good condition, the interior presents an excellent opportunity for customization and upgrades. This property is a rare find with great potential and is not to be missed. With an after repair value (ARV) well into $500k, this property promises a lucrative return on investment. Quick access to bus and train stations and only blocks away from either direction to I-290 and I-55. Only a 5 minutes drive to downtown Chicago. With both Mt. Saini and St. Anthony's hospital being right down the street, this is all presents the perfect location for residents. Don't miss out on this exceptional opportunity to invest in North Lawndale. Contact us today to schedule a viewing and explore the possibilities this property has to offer.

MLS# 12134474Listed August 9, 2024Residential IncomeGreystoneSubdivision: Lawndale
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms13

Size & Structure

Year Built1898
Lot Size50 X 125

Location

CountyCook
TownshipSouth Chicago
SubdivisionLawndale
Zip Code60623

Financial

List Price$269,900
Annual Taxes (2023)$4,446
Monthly Tax Est.$371
Parcel #16232240240000
Interior Features

Heating

Natural GasRadiator(s)

Basement

UnfinishedFullWalk-Out Access
Exterior & Lot

Construction

BrickStone

Roof

Flat

Foundation

Brick/Mortar
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$4,446
Tax Year 2023
Monthly Tax Est.
$371
per month
Property Location

1506 TRUMBULL Avenue, Chicago, IL 60623Cook County

$269,900
1506 TRUMBULL Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
50 X 125
$4,446/yr taxes
$1,789
estimated monthly payment
Principal & Interest
$1,418/mo
Property Tax
$371/mo
$269,900
20% — $53,980
3%50%
6.875%
3%12%
Loan Amount
$215,920
Down Payment
$53,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Jerry Goodwin
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.