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$144,000
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Property Description
Seasoned Investors & Rehabbers Only! Come take a look at this 3-flat ready for your ideas, basement has two exits. Property needs a full gut rehab but has tons of potential, you will need a full set plans and permits to rehab this project. Centrally located, minutes from 290 expressway, Douglas Park, Ogden Ave, Rush University, UIC and Downtown Chicago. Looking for Cash or Hard Money loan offers. Property is SOLD AS IS. Please do your due diligence regarding the city violations.
Full Property Details
Full Property Details for 1505 S Spaulding Ave
General
- Sold For: $144,000
- Taxes: $2,116 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12393057
- Added to Site: 217 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: South on Kedzie to 16th St, West on 16th st to Spaulding North on Spaulding to 1505 S Spaulding
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.: Unfinished, Full
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Tax Amount: $2,116.93
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16232280020000
Listed by Nelly Corp Realty
Sold by EXIT Strategy Realty
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Schools
Schools serving 1505 S Spaulding Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Johnson Elementary School, Chicago, IL 1420 South Albany Avenue, Chicago, IL 60623 | PK-8 | 0.2 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 0.8 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 1505 S Spaulding Ave
Date
Details
Price
Change
Source
8/28/2025
Sold
$144,000
-0.62%
MLS
6/25/2025
Price Reduced
$144,900
-9.38%
MLS
6/14/2025
Listed
$159,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1505 S Spaulding Avenue, Chicago, IL 60623 (MLS# 12393057) is a Multi-Family property that was sold at $144,000 on August 28, 2025. Want to learn more about 1505 S Spaulding 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.

