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$195,000
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Property Description
***Great Investment Opportunity in Little Village - Two Bi-level Units*** Located in the heart of Little Village, this multi-unit building offers a fantastic opportunity for investors or homeowners seeking a project with potential. The property features 2 bi-level units, each with ample living space and the opportunity for light renovations to bring them up to modern standards. Front unit: 4 bedrooms, 1 bathroom. This spacious unit offers plenty of room for family living, with potential for updating finishes and flooring to increase its appeal. Rear unit: 4 bedrooms, 2 bathrooms. With a larger layout, this unit offers more flexibility for a growing family or tenants seeking additional space. Like the front unit, it would benefit from some cosmetic updates to unlock its full potential. Both units are in good working condition and feature solid mechanics, including a roof that had repairs completed on the south side in 2016. Detached 2-car garage provides convenient off-street parking. A rear exterior space provides extra parking options or the potential for outdoor use. This is an ideal property for those looking to invest in a property with solid bones that could be renovated to increase value. Whether you are an investor or a homeowner looking to create your dream space, this property has the potential to provide great returns. Sold "as-is."
Full Property Details
Full Property Details for 2407 S Albany Ave
General
- Sold For: $195,000
- Taxes: $4,419 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12601650
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - South Lawndale
- County: Cook
- Driving Directions: east/west on 26th St to Albany Ave, north to property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Partial
- Roof: Asphalt
- Year Built: 1885
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.24
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1885
- Tax Amount: $4,419.97
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16251160030000
Listed by Century 21 S.G.R., Inc.
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Schools
Schools serving 2407 S Albany Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spry Elementary Community School 2400 South Marshall Boulevard, Chicago, IL 60623 | PK-8 | 0.1 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
2407 S Albany Avenue, Chicago, IL 60623 (MLS# 12601650) is a Multi-Family property that was sold at $195,000 on April 15, 2026. Want to learn more about 2407 S Albany Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

