427 N Lawndale Avenue

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Address: 427 N Lawndale Ave, Chicago, IL 60624, USA
Chicago & Midwest + Apartment Buildings
Created date: August 28, 2026
Date last updated: September 18, 2026
Price: $295,000Investment Analyzer NEW!

Property Description

Discover an outstanding investment or owner-occupant opportunity with this beautifully updated brick two-flat nestled on a quiet, tree-lined dead-end street in the heart of Humboldt Park. Perfectly positioned just steps from the Garfield Park Conservatory, this well-maintained property combines strong rental potential with an unbeatable location. Each spacious unit offers generous living space, featuring one 4-bedroom apartment and one 3-bedroom apartment, making the property highly desirable for tenants or multi-generational living. Major capital improvements have already been completed, including updated mechanical systems, roof, landscaping, and fenced outdoor areas, allowing for a low-maintenance ownership experience. With both tenants currently on month-to-month leases, the next owner has exceptional flexibility to establish market rents, occupy one unit while generating income from the other, or add this turnkey property to an investment portfolio.
Under Contract

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Broker Details

Rafay Qamar
Rafay Qamar

Real Broker LLC (630) 439-6385 MLS ID: 38102 State License Number: 475158420

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $295,000
Year Built: 1895
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 7
Number of Bathrooms: 2
Address: 427 N Lawndale Avenue, Chicago, IL 60624, USA
Provided by:
Standard Status: Active Under Contract
MLS Listing Number: 12723258
ID: 3yd-MREDIL-12723258
Copyright Disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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