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$367,000
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Property Description
Versatile multi-unit property offering strong income potential and long-term upside, comprised of three legal residential units plus an additional garden unit. Well-suited for investors seeking to strategically grow a real estate portfolio, each unit features a spacious layout with separate living and dining areas and an updated kitchen with modern cabinetry and appliances. The property benefits from several improvements, Central heat and ac, newer water heaters, and updated electrical panels, supporting efficiency and reliability. Select units also feature newer flooring. A ground-level washer and dryer hookup adds convenience for occupants, while recent roof repairs contribute to long-term durability and reduced maintenance needs. Conveniently located approximately 1.6 miles from I-290, the property offers easy access to major transportation routes while remaining close to parks, schools, dining, and shopping. This opportunity presents multiple paths to value creation through rental income, renovation, or owner occupancy. You don't want to miss this!
Full Property Details
Full Property Details for 1309 S Kostner Ave
General
- Sold For: $367,000
- Taxes: $2,328 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12550715
- Added to Site: 114 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 13
Parking
- Total Spaces: 2
- Parking Features: Unassigned, Off-Alley, Yes, Owned
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: Take Roosevelt to Kostner and turn South-the property on the East side of Kostner.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full, Walk-Out Access
- Roof: Rubber
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Lot Features: Corner Lot
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1926
- Tax Amount: $2,328.62
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16222080040000
Listed by RE/MAX Premier
Sold by Non Member
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Schools
Schools serving 1309 S Kostner Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hughes C Elementary School 4247 West 15th Street, Chicago, IL 60623 | PK-8 | 0.3 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1309 S Kostner Ave
Date
Details
Price
Change
Source
5/18/2026
Sold
$367,000
-3.17%
MLS
4/14/2026
Price Reduced
$379,000
-5.01%
MLS
2/25/2026
Price Reduced
$399,000
-2.68%
MLS
1/29/2026
Listed
$410,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1309 S Kostner Avenue, Chicago, IL 60623 (MLS# 12550715) is a Multi-Family property that was sold at $367,000 on May 18, 2026. Want to learn more about 1309 S Kostner 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.

