$285,000

1615 S Trumbull Avenue, Chicago, IL 60623

  • 6 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Welcome to 1615 S Trumbull Ave, a solid brick 2-flat located in the rapidly appreciating North Lawndale community, just moments from Douglas Park, local retail corridors, and multiple transit options. This property offers both immediate upside and long-term growth, making it an excellent opportunity for investors, developers, or owner-occupants looking to build equity. The building features spacious units, generous bedroom counts, a driveway, and a layout ideal for rental income or a future renovation project. Previous rents were significantly below market, creating a clear value-add opportunity to increase cash flow. For those considering a flip, newly renovated comparables are trading north of $500K, and brand-new construction 3-unit buildings are expected to break ground on the block in 2026 with projected pricing above $700K+. Residents will enjoy easy access to parks, schools, grocery, and major commercial corridors, as well as a short commute to the Loop (approx. 5.5 miles) and Chicago's lakefront (approx. 6 miles). Whether you're looking to hold as a rental, complete a full renovation, or explore a luxury redevelopment strategy, this property sits in a location poised for continued growth.

Listing Status:
Active
Listing Office:
Berkshire Hathaway HomeServices Chicago : 708-692-9654
Listing Agent:
Sean McDonald : 708-692-9654
MLS ID:
12529718
  • Basement: FinishedFull
  • Heating: Natural Gas
  • Parking: Off AlleyYesOwnedParking spaces: 4
  • Roofing: RubberTile
  • General: Concrete Perimeter
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI16234030040000
  • Fencing: PartialWood
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Sean McDonald, Berkshire Hathaway HomeServices Chicago

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Legacy Elementary Charter School

3318 W Ogden Ave, Chicago, IL, 60623

Grades KG-8

0.17 miles away

L

Legacy Elementary Charter School

3318 W Ogden Ave, Chicago, IL, 60623

Grades KG-8

0.17 miles away

N

North Lawndale Preparatory Charter - Christiana

1615 S Christiana Ave, Chicago, IL, 60623

Grades 9-12

0.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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