Active Under ContractPrice Reduced

$275,000

$325,000
401 Leamington Avenue, Chicago, IL 60644
8 Beds4 Baths116 days
401 Leamington Avenue·Chicago, IL 60644
8Bedrooms
4Bathrooms
1925Year Built
About This Home

Bring your vision to life with this unique brick multifamily investment opportunity on a prominent corner lot in Chicago's Austin neighborhood. Currently configured as a 4-unit property and situated on two PINs, the building includes a partially finished basement with two additional units. Fully vacant and ready for renovation, this property provides investors and developers with the advantage of immediate access to reimagine, restore, and create value from the ground up. Solid brick construction, corner-lot visibility, and significant value-add potential make this a compelling opportunity to invest in the future. Plant a seed and watch it grow as you unlock the possibilities of this well-positioned asset. Property is being sold as-is. Buyer is responsible for all inspections, due diligence, and verification of all information.

MLS# 12667668Listed June 3, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Year Built1925
Lot Size127.5x35.2

Location

CountyCook
TownshipWest Chicago
Zip Code60644

Financial

List Price$275,000
Original Price$325,000
Annual Taxes (2024)$7,135
Monthly Tax Est.$595
Parcel #16092250160000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$7,135
Tax Year 2024
Monthly Tax Est.
$595
per month
Price Reduced by $50,000
Original list price: $325,000
Property Location

401 Leamington Avenue, Chicago, IL 60644 — Cook County

$275,000
401 Leamington Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
116 days on market
127.5x35.2
$7,135/yr taxes
Price reduced $50,000
$2,040
estimated monthly payment
Principal & Interest
$1,445/mo
Property Tax
$595/mo
$275,000
20% — $55,000
3%50%
6.875%
3%12%
Loan Amount
$220,000
Down Payment
$55,000

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

Listed by
Coldwell Banker Realty
Agent: Anthony Kirkland
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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