1315 S Kolin Avenue, Chicago, IL 60623
Local realty services provided by:ERA Naper Realty
1315 S Kolin Avenue,Chicago, IL 60623
$699,000
- 11 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:michael applegate
Office:straight-a realty, llc.
MLS#:12362367
Source:MLSNI
Price summary
- Price:$699,000
About this home
Welcome to 1315 S Kolin Ave, a meticulously renovated brick multi-unit property in the heart of North Lawndale, offering the perfect blend of luxury, function, and income potential. This legal 3-flat features a fully finished 4th unit garden apartment, making it a 4-unit income-producing powerhouse-ideal for both investors and house hackers alike. Currently, the garden unit is leased at $1,800/month, while the three upper units are fully updated and available for immediate lease or occupancy. Live in one unit and rent out the other two for $1,800/month each, generating a total of $5,400/month in rental revenue-more than enough to cover your mortgage and household expenses. This is a golden opportunity to live affordably while building wealth through real estate. The renovation of this property was nothing short of miraculous-no detail was overlooked and no system untouched. Everything is brand new: electrical, plumbing, HVAC, roof, windows, kitchens, bathrooms, flooring, and finishes. Each of the three spacious 3-bedroom, 1-bath units features modern shaker cabinetry, sleek countertops, in-unit laundry, stainless steel appliances, and separate central air and heating systems-ensuring privacy and comfort for every resident with the fourth unit being a 2-bedroom, 1-bath unit with the same amenities. Outside, a new concrete parking pad accommodates multiple vehicles and is secured by a 6-foot privacy fence with a rolling gate. Located in the up-and-coming North Lawndale neighborhood, the property is close to public transit, parks, schools, and shopping. Whether you're an owner-occupant seeking to house hack or an investor looking for strong cash flow and a fully turn-key building, 1315 S Kolin Ave is a rare opportunity you don't want to miss.
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Home facts
- Year built:1918
- Listing Id #:12362367
- Added:62 day(s) ago
- Updated:August 02, 2025 at 01:40 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:4
- Full bathrooms:4
Structure and exterior
- Year built:1918
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Tax amount:$2,270 (2022)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 1315 S Kolin Avenue
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