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$430,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 1 hour ago
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***INVESTOR'S DREAM! INCREDIBLE OPPORTUNITY IN NORTH LAWNDALE!*** Do not miss your chance to own this spacious brick 3-flat offering 9 bedrooms and 6 full bathrooms, with each generously-sized unit featuring 3 bedrooms, 2 full baths, and in-unit washer/dryer hookups! The top-floor unit is a true standout, featuring beautiful cathedral ceilings and charming Juliet balconies that add character and architectural appeal. Additional features include a large rear parking pad and low-maintenance front and rear decking and stairs. BRING YOUR VISION AND UNLOCK THE POTENTIAL! The property requires repairs and cosmetic making this an excellent opportunity for investors looking to renovate, maximize rental income, and build equity. Whether you are expanding your investment portfolio or looking for an owner-occupied property with income-producing potential, this spacious 3-flat offers endless possibilities! With 3 large units, a desirable layout, and tremendous value-add potential, this North Lawndale investment opportunity is one you do not want to miss! PROPERTY IS BEING SOLD "AS-IS." SELLER WILL MAKE NO REPAIRS. Schedule your private showing today!

Full Property Details for 1506 S Spaulding Ave

General

  • Price: $430,000
  • Taxes: $8,128 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12793037

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Exterior

  • Exterior Features: Balcony

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Township: West Chicago
  • Driving Directions: east/west on Ogden Ave to Spaulding Ave, 1-way north to property.

School Information

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

Heating & Cooling

  • Heating Type: Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 2007

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 2007
  • Tax Amount: $8,128.85
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16232270490000

Listed by Century 21 S.G.R., Inc.

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— 1506 S Spaulding Ave —

  • Century 21 S.G.R., Inc.

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NMLS#: 1598647

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

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 1506 S Spaulding Ave

School District:Chicago Public School District 299
NameGradesDistance
Johnson Elementary School, Chicago, IL
1420 South Albany Avenue, Chicago, IL 60623
PK-80.3 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-110.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1506 S Spaulding Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,833
—
$39,000
5%
2023
$7,833
3%
$37,000
—
2022
$7,636
2%
$37,000
—
2021
$7,465
94%
$37,000
114%
2020
$3,857
-4%
$17,256
-13%
2019
$3,998
—
$19,835
—
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 for 1506 S Spaulding Ave

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NMLS#: 1598647

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Listed by Century 21 S.G.R., Inc.

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1506 S Spaulding Avenue, Chicago, IL 60623 (MLS# 12793037) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 1506 S Spaulding Avenue is currently listed for $430,000 and was received on October 26, 2026. Want to learn more about 1506 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.

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