$649,000
This is a rare and exceptional opportunity to own a fully renovated, income-producing brick building at 3839 W 14th St in Chicago's resurging North Lawndale neighborhood. Legally recognized as a 3-unit multi-family property, this building also includes a fully finished garden-level in-law apartment with front and rear entrances, offering a 4th income-generating unit-perfect for added rental income or multi-generational living. Currently bringing in rental income from three occupied units, the vacant unit offers an ideal house-hacking opportunity for an owner-occupant to live affordably while the tenants cover the majority of the mortgage and household expenses. Originally built in 1910 and completely rebuilt in 2024 by a professional contractor-owner, this turnkey building features all-new plumbing, electrical, HVAC, roof, windows, and interiors. Each of the four spacious 2-bedroom, 1-bath units boasts modern shaker cabinets, updated countertops, stylish flooring, and in-unit laundry with brand-new stainless steel appliances (stove, fridge, microwave, dishwasher, washer/dryer). All units have separate utilities and independent central air and heat systems for maximum tenant comfort and easy management. Outside, the property is equally impressive: a 6-foot privacy fence encloses the backyard and a newly poured concrete parking pad for four vehicles, secured by a rolling gate. With its mix of vintage charm and modern construction, ideal layout, and income potential, this property is a true gem for both investors and homeowners. Just steps from public transportation, parks, schools, and shopping-don't miss this rare chance to own a high-quality, fully updated building in one of Chicago's most promising growth corridors. ***The property is a legal 3-unit. While the finished garden unit functions as a 4th apartment, a Certificate of Occupancy from the City of Chicago will be required to rent it compliantly. It's ideal for owner-occupancy in the meantime.***
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3839 14th Street, Chicago, IL 60623 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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