1528 S Spaulding Avenue
Chicago, Illinois 60623

Closed / MLS #12403997 / Multiple Unit (2-4) / North Lawndale
Listing information updated 10/5/2025 at 6:03am
Located on a quiet residential street in North Lawndale, this two-flat presents a strong investment opportunity for buyers seeking a value-add property. Each unit offers four bedrooms, one bathroom, in-unit laundry hook-ups, and separate furnaces. While the building requires rehab, repairs and updates, it holds significant potential for long-term rental income or redevelopment. Potential income is $36,000/annual. The property is situated near a public high school and neighborhood park, adding to its appeal for future tenants. This is a solid option for INVESTORS looking to build EQUITY through renovation.

Listing Office: Realty Boutique

Listing Office Phone: 312.371.8082

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1528 S Spaulding Avenue, Chicago, IL 60623 is a multiple unit (2-4) which sold for $225,000. 1528 S Spaulding Avenue features 8 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since July 4th, 2025 and was built in 1896. The nearest transit stops include Kedzie-Homan CTA Blue line.