1233 S Spaulding Avenue
Property Description
Solid brick 3-flat in North Lawndale offering 8 bedrooms and 3 baths across three above-ground units with individually metered electricity and gas, plus an unfinished basement and 2-car garage. The updated, move-in-ready 1st-floor 2BR/1BA features a large open-concept eat-in kitchen and living area, a second spacious living area, in-unit washer/dryer, dishwasher hookups, and a large rear balcony-ideal for an owner-occupant or immediate rental income. The 2nd and 3rd floors each offer 3BR/1BA layouts with eat-in kitchens opening directly to large rear balconies, providing convenient outdoor dining space. The 2nd floor has W/D and dishwasher hookups, while the 3rd floor features central A/C and Chicago skyline views from the balcony. Both units offer substantial rental upside with future improvements. Recent capital improvements include replacement of the water service line and front sidewalk, completed by the City in 2024; upgraded basement support columns replacing wood posts with steel (2021); rear stair improvements (2026); garage door replacement; and mechanical and appliance updates to the 1st- and 2nd-floor units (2020-2024). Near expansive Douglass Park, offering an outdoor pool, tennis and basketball courts, soccer fields, walking paths, a lagoon and fishing, plus additional recreational amenities. Convenient access to the Illinois Medical District, I-290, public transportation, and the Roosevelt Road corridor.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $469,900 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 3 |
ID: 3yd-MREDIL-12764393
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