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$385,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 7 Total Beds
  • 2 Car Garage

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This beautiful rehabbed 2-unit Greystone with a legal basement is located in a well sought out area. that's not too far from the Medical District and the United Center. It's perfect for a family looking to have their own individual apartment or an owner looking to live in one unit and rent the other two units and live mortgage free. All units have a washer/dryer. The basement is partially finished and all material needed to finish it is included with purchase price.

Full Property Details for 1242 S Millard Ave

General

  • Price: $385,000
  • Taxes: $3,810 (2023)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12357001
  • Updated: 1/2/2026
  • Added to Site: 257 day(s) ago

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 7

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Township: West Chicago
  • Driving Directions: W on Roosevelt Rd., S to Millard

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Greystone
  • Architectural Style: Greystone
  • Construction: Stone
  • Exterior Const.: Stone
  • Basement: Yes
  • Basement Desc.: Partially Finished, Exterior Entry, Full, Walk-Out Access
  • Built Before 1978: Yes
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 25 x 150

Financial Considerations

  • Tax Amount: $3,810.83
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16231050320000

Listed by All In One Realty

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— 1242 S Millard Ave —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1242 S Millard Ave

School District:Chicago Public School District 299
NameGradesDistance
Herzl Elementary School
3711 West Douglas Boulevard, Chicago, IL 60623
PK-80.2 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-110.9 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 Millard Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Price Increased
$385,000
37.5%
MLS
5/06/2025
Listed
$280,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1242 S Millard Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,811
3%
$18,000
—
2022
$3,715
2%
$18,000
—
2021
$3,632
48%
$18,000
64%
2020
$2,459
-4%
$11,001
-13%
2019
$2,549
2%
$12,645
—
2018
$2,506
-43%
$12,645
-38%
2017
$4,398
8%
$20,362
—
2016
$4,078
9%
$20,362
—
2015
$3,731
13%
$20,362
14%
2014
$3,316
2%
$17,873
—
2013
$3,251
1%
$17,873
—
2012
$3,207
—
$17,873
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1242 S Millard Avenue, Chicago, IL 60623 (MLS# 12357001) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 1242 S Millard Avenue is currently listed for $385,000 and was received on May 06, 2025. Want to learn more about 1242 S Millard 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.

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