1242 S Lawndale Avenue, Chicago, IL 60623 - Photo 1

1/1

$475,000

Sold
Closed
Multi-Family
9 Total Beds

1/1

Property Description

Turnkey, and fully rented Legal 4-unit. Many upgrades. 2002 New Roof.Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. Current gross rents are $4,760/ month.

Full Property Details

Full Property Details for 1242 S Lawndale Ave

General

Sold For: $475,000
Taxes: $1,982 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12364519
Added to Site: 284 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 9

Parking

Garage: Yes
Total Spaces: 2
Parking Features: Driveway, Alley Access, Garage Faces Side, Yes, Leased

Location

Area: CHI - North Lawndale
County: Cook
Driving Directions: South down Independence Ave, east on Roosevelt and south on Lawndale

School Information

School District: 152
Midd School District: 152

Heating & Cooling

Heating Type: Natural Gas, Forced Air

Utilities

Water: Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Finished, Full, Walk-Out Access
Roof: Flat
Year Built: 1920
Built Before 1978: Yes
Remodeled/Updated: 2022

Unit Information

Units in Building: 4

Additional Structures

Other Structures: Garage Faces Side

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 4010

Financial Considerations

Parking Included: Yes
Assessment Year: 1920
Tax Amount: $1,982.52
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 16231040290000

Listed by Main Street Real Estate Group
Sold by Neighborhood Assistance Corp.

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Schools

Schools serving 1242 S Lawndale Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Herzl Elementary School 3711 West Douglas Boulevard, Chicago, IL 60623	PK-8	0.2 mi
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612	12-11	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1242 S Lawndale Ave

Date

Details

Price

Change

Source

11/24/2025

Sold

$475,000

-2.06%

MLS

5/13/2025

Listed

$485,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

5701 W Roosevelt Rd, Cicero, IL 60804 - Photo 1

Just Listed

$2,100

5701 W Roosevelt Rd Cicero, IL 60804

Commercial Lease
Active
Updated 4 days ago

Listed by Kaye Sotto Rice (224) 542-0554 and Paul Proano (312) 860-4043

1842 S 61st Ct, Cicero, IL 60804 - Photo 1

Just Listed

$250,000

1842 S 61st Ct Cicero, IL 60804

Single Family
Active
Updated 2 days ago

5
Beds
2
Total Baths
1,464
Sq. Ft.

5017 W Ogden Ave, Cicero, IL 60804 - Photo 1

Just Listed

$174,700

5017 W Ogden Ave Cicero, IL 60804

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,096
Sq. Ft.

4904 W 31st St, Cicero, IL 60804 - Photo 1

Just Listed

$545,000

Open House

4904 W 31st St Cicero, IL 60804

Multi-Family
Active
Updated 1 day ago

6
Total Beds

1612 S 59th Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$14,100 (-3.21%)

$424,900

1612 S 59th Ct Cicero, IL 60804

Multi-Family
Active
Updated 2 days ago

4
Total Beds

3704 S 53rd Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$5,000 (-1.64%)

$299,000

3704 S 53rd Ave Cicero, IL 60804

Single Family
Active
Updated 4 days ago

3
Beds
1
Total Bath
958
Sq. Ft.

5000 W Cermak Road W, Cicero, IL 60804 - Photo 1

Price Reduced

-$250,000 (-10%)

$2,250,000

5000 W Cermak Road W Cicero, IL 60804

Business
Active
Updated 5 days ago

9,656
Sq. Ft.

2802 Cuyler Ave, Berwyn, IL 60402 - Photo 1

Price Reduced

-$10,900 (-3.52%)

$299,000

2802 Cuyler Ave Berwyn, IL 60402

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
2,000
Sq. Ft.

3626 W Grenshaw St, Chicago, IL 60624 - Photo 1

Sold

$499,000

3626 W Grenshaw St Chicago, IL 60624

Multi-Family
Closed

9
Total Beds

1227 S Springfield Ave, Chicago, IL 60623 - Photo 1

Sold

$505,000

1227 S Springfield Ave Chicago, IL 60623

Multi-Family
Closed
Updated 11 days ago

9
Total Beds

1224 S Harding Ave, Chicago, IL 60623 - Photo 1

Sold

$468,000

1224 S Harding Ave Chicago, IL 60623

Multi-Family
Closed

9
Total Beds

3422 W 13th Pl, Chicago, IL 60623 - Photo 1

Sold

$415,000

3422 W 13th Pl Chicago, IL 60623

Multi-Family
Closed

5
Total Beds

1242 S Lawndale Avenue, Chicago, IL 60623 (MLS# 12364519) is a Multi-Family property that was sold at $475,000 on November 24, 2025. Want to learn more about 1242 S Lawndale Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

1242 S Lawndale Ave Chicago, IL 60623