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$437,000

2407 S Spaulding Avenue
Chicago, Illinois 60623

Closed / MLS #12294860 / Multiple Family / South Lawndale
Listing information updated 9/26/2025 at 1:03pm
Great investment opportunity for a multifamily 5-unit brick building located in the heart of the vibrant Little Village neighborhood. This 5-unit property features a 3-flat brick building with a full unfinished attic in front with an exterior frame rear porch that allows for additional porch space plus a rear brick 2-unit coach house. Also, a separate 2 car frame detached garage all on the same lot. This fully fenced property offers a significant potential for rental increases with long term tenants. Currently being rented to long term tenants at below market rates. Each unit is equipped with its own furnace heating system, water, and separate utilities providing tenants with control over their utilities and reducing owner expenses, offering an attractive return on investment. A high-performing asset with both immediate cash flow and long-term value appreciation! Conveniently located close to the thriving 26th street corridor that offers attractive shopping, restaurants, grocery, financial institutions, schools, houses of worship and much more! Close to Ogden CTA Train, bus lines, I-290 & I-55 Expressways. Units 1F & 2F are vacant and available for showings. Estate Sale - Sold "AS-IS".
Exterior Type:
Brick
Water Front:
No
Square Feet:
N/A
Built:
1908
Stories:
3
Current Net Income:
$28,826
Unit 1:
5 room(s) / 3 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 4:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 5:
4 room(s) / 2 bed(s) / 1 bath(s)
Tax Amount:
$7,173
Tax Year:
2023
Zip Code:
60623
City:
Chicago
County:
Cook

Listing Office: Illinois Real Estate Partners Inc

Listing Office Phone: 630.560.1001

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/26/2025 at 1:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

CTA

CTA
Green line at Kedzie
CTA
Pink line at Central Park
$313,681
Average Sale Price
60
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2407 S Spaulding Avenue, Chicago, IL 60623
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2407 S Spaulding Avenue, Chicago, IL 60623 is a multiple family which sold for $437,000. This multiple family has been listed on @properties Christie's International Real Estate since February 20th, 2025 and was built in 1908. The nearest transit stops include Kedzie CTA Green line.

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