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Serene Realty, Inc

info@serenerealtyinc.com +1(312) 650-7940

$ 449,900

Est. payment | -/mo

4 Beds

2 Baths

Save

$ 449,900

Est. payment | -/mo

Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12678547

Bedrooms 4

Annual Tax Amount $6,972

Tax Year 2024

Lot Dimensions 28X125

Property Sub-Type Two to Four Units

Property Description

Welcome to 1400 N. Lawler Ave., a beautifully renovated corner brick two-flat in Chicago's sought-after North Austin neighborhood. Completely rehabbed in 2022, this exceptional investment opportunity offers the perfect blend of modern updates, strong income potential, and timeless curb appeal. Situated directly across from the park, this impressive light beige brick building enjoys abundant natural light, open views, and a peaceful residential setting. Both units are currently leased, providing immediate cash flow from day one. Investors will appreciate the stable rental income, while owner-occupants have the flexibility to move into a unit in the future and offset living expenses with rental income. The unfinished basement presents incredible potential to create additional living space, expand income opportunities, or design the perfect owner's retreat. A brick two-car garage provides even more revenue potential through garage rentals or added convenience for occupants. Perfectly positioned near public transportation, major highways, shopping, restaurants, schools, and everyday conveniences, this property offers unmatched accessibility while maintaining the charm of a quiet, tree-lined block. Whether you're looking to expand your portfolio, generate passive income, or secure a property with future value-add opportunities, 1400 N. Lawler Ave. delivers on every level. A rare opportunity to own a turn-key, income-producing building in a prime location with endless possibilities for growth and appreciation.

Location

State IL

County Cook

Area Chi - Austin

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, Yes

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Eva Diaz of ExaRealty LLC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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1400 N Lawler AVE Chicago, IL 60651