Great investment opportunity in North Lawndale!!!! This duplex offers strong income potential, along with an assumable 2.75percent FHA loan – subject to lender approval and the owner occupancy requirements. Ideal for buyers looking to maximize cash flow while securing a low interest rate. Perfect for buyers looking to help reduce their mortgage while generating rental income or investors seeking steady cash flow. Each unit offers four bedrooms and one bathroom, providing strong rental appeal. Both units are currently occupied, with one unit featuring long-term tenants and the other recently renovated and newly leased through April 2027 delivering immediate and stable income Recent improvements include a new roof 2024 and new HVAC system for one unit the property also includes an unfinished basement offering additional value add potential
Property Details
Price:
$399,999
MLS #:
MRD12564543
Status:
Active
Beds:
8
Baths:
2
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Feb 9, 2026
Year Built:
1900
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Greystone
Construction Materials
Brick
Parking Features
Yes
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$5,243
Listing Agent & Office
Lluviccia Gomez
Realty of America, LLC
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1418 S Saint Louis Avenue
Chicago, IL
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