2442 N Lawndale Avenue Chicago IL 60647 MLS #MRD12602702

MLS #MRD12602702 image #0
Amazing Turnkey fully rented 3 Flat, plus non-conforming garden unit adding extra income potential in Prime Logan Square generating strong income from day one. Sun-filled Units 1 and 2 are total renovations with in unit laundry, central air, 3 bedrooms/2 baths, open layouts, and an enclosed porch. Unit 3 is light and bright with 2 beds/1 bath and is rented, month-to-month. The 1/bed/1 bath garden unit is rented at $515.00, month-to-month. There is a detached 2 car garage, shared patio and yard. Located on a quiet residential street just minutes from the Blue Line, parks and top dining. Summer time fun with the Farmers Market, it is the best around! The Capitalization rate is 5.6 percent. Perfect for owner-occupants or investors looking for immediate rental income!

Property Details

Price:
$1,349,000
MLS #:
MRD12602702
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Neighborhood:
chilogansquare
Listed Date:
Apr 7, 2026
Year Built:
1924
VictorianChi – Logan SquareChilogansquareLaura Ward Elementary SchoolLaura Ward Elementary SchoolKelvyn Park High School

Schools

School District:
299
Elementary School:
Laura Ward Elementary School
Middle School:
Laura Ward Elementary School
High School:
Kelvyn Park High School

Interior

Appliances
Humidifier
Heating
Natural Gas

Exterior

Architectural Style
Victorian
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Cedar
Garage Spaces
2
Other Structures
None
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt
Window Features
Screens

Financial

Net Operating Income
$75,750
Tax Year
2024
Taxes
$10,482

Listing Agent & Office

Bree McKenzie
Engel & Voelkers Chicago North Shore

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