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$529,900 Just Listed
Property Description
Excellent opportunity to acquire a fully occupied, income-producing brick 3-unit property in North Lawndale. This well-maintained building features three spacious 3-bedroom residences offering consistent layouts and finishes throughout. Each apartment features beautiful hardwood flooring, generous living space, abundant natural light, updated kitchens with white cabinetry, tile backsplashes, and stainless steel appliances, along with updated baths and classic Chicago architectural character. All three units are currently tenant-occupied, providing immediate rental income from day one. Convenient West Side location with easy access to public transportation, major thoroughfares, neighborhood amenities, and I-290. Nearby parks provide additional green space and recreation. A solid opportunity for an investor seeking an occupied multifamily asset with updated interiors and established rental income. Don't miss the opportunity to add a classic Chicago brick building to your portfolio.
Full Property Details
Full Property Details for 1504 S Hamlin Ave
General
- Price: $529,900
- Taxes: $2,964 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12751850
- Updated: Today (9/4/2026)
- Added to Site: Today
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: Head East or West on 16th St towards Avers Ave. Turn North onto Avers. Turn East onto 15th. Turn South onto Hamlin. Property will be on the West side of the street.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Year Built: 1925
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 100
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $2,964
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16231250130000
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Schools
Schools serving 1504 S Hamlin Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Penn Elementary School 1616 South Avers Avenue, Chicago, IL 60623 | PK-8 | 0.2 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 1 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 1504 S Hamlin Ave
Date
Details
Price
Change
Source
9/04/2026
Listed
$529,900
32.48%
MLS
12/16/2021
Sold
$400,000
—
Public Record
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
Tax History for 1504 S Hamlin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,964
—
$42,000
200%
2023
$2,964
3%
$13,999
—
2022
$2,889
2%
$13,999
—
2021
$2,824
-24%
$13,999
-16%
2020
$3,718
-4%
$16,636
-13%
2019
$3,855
2%
$19,122
—
2018
$3,789
-10%
$19,122
-2%
2017
$4,194
8%
$19,416
—
2016
$3,889
9%
$19,416
—
2015
$3,558
-3%
$19,416
-2%
2014
$3,681
2%
$19,838
—
2013
$3,608
1%
$19,838
—
2012
$3,560
—
$19,838
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1504 S Hamlin Ave
1504 S Hamlin Avenue, Chicago, IL 60623 (MLS# 12751850) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 1504 S Hamlin Avenue is currently listed for $529,900 and was received on September 04, 2026. Want to learn more about 1504 S Hamlin 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.
