2523 S Whipple Avenue, Chicago, IL 60623 - Photo 1

1/1

$430,000

Sold
Closed
Commercial

1/1

Property Description

Well Maintained Fully Functioning 6 Units Building in Hot Little Village Neighborhood. Each Apartment Has 2 Bedrooms, Living Room, Kitchen and Bath. Fully Rented With Long Term Tenants M/M. Rents Doesn't Reflect Actual Rents. 2 Fenced Parking Spaces in Rear. All Units Have Forced Air Heat and Newer Windows. Fenced Property. Building Is Walking Distance To Shopping, Restaurants, Public Transportation, Schools and More All Very Close To Property. Great Investment!!!! Make Your Appoitment!!!!

Full Property Details

Full Property Details for 2523 S Whipple Ave

General

Sold For: $430,000
Taxes: $4,423 (2022)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12075171
Added to Site: 591 day(s) ago

Location

Area: CHI - South Lawndale
County: Cook
Driving Directions: 26TH ST TO WHIPPLE NORTH TO PROPERTY.

Heating & Cooling

Heating Type: Forced Air, Gas

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1905
Built Before 1978: Yes

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,048
Lot Dimensions: 25 x 125
Frontage: City Street, Public Road, Alley Access, Paved
Potential Use: Multi-Family
Zoning: MULTI

Financial Considerations

Operating Expenses: $6,000
Assessment Year: 1905
Tax Amount: $4,423
Tax Year: 2022
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 16251240100000

Listed by RE/MAX 1st Service

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Meet the selling agent

— 2523 S Whipple Ave —

Chi Zhang

Email Me

(773) 459-4430 mobile
(847) 724-5800 direct

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 2523 S Whipple Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Spry Elementary Community School 2400 South Marshall Boulevard, Chicago, IL 60623	PK-8	0.2 mi
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623	9-11	0.5 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 2523 S Whipple Ave

Date

Details

Price

Change

Source

8/11/2025

Sold

$430,000

-13.83%

MLS

5/09/2025

Price Reduced

$499,000

-9.27%

MLS

3/22/2025

Price Reduced

$550,000

-5.98%

MLS

1/23/2025

Price Reduced

$585,000

-13.33%

MLS

10/23/2024

Price Reduced

$675,000

-3.43%

MLS

7/24/2024

Price Reduced

$699,000

-3.59%

MLS

6/04/2024

Listed

$725,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

1417 S 48th Ct, Cicero, IL 60804 - Photo 1

Just Listed

$424,900

1417 S 48th Ct Cicero, IL 60804

Multi-Family
Active
Updated 4 days ago

5
Total Beds

4901 W 14th St, Cicero, IL 60804 - Photo 1

Just Listed

$25

4901 W 14th St Cicero, IL 60804

Commercial Lease
Active
Updated 2 days ago

3115 S 53rd Ct, Cicero, IL 60804 - Photo 1

Just Listed

$349,000

3115 S 53rd Ct Cicero, IL 60804

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
1,381
Sq. Ft.

3733 S 57th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$219,900

3733 S 57th Ave Cicero, IL 60804

Condo / Townhouse
Active
Updated 3 days ago

2
Beds
1
Total Bath
1,100
Sq. Ft.

1809 S 49th Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-3.23%)

$299,900

1809 S 49th Ave Cicero, IL 60804

Multi-Family
Active
Updated 4 days ago

3
Total Beds

3419 S 54th Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$6,000 (-1.35%)

$439,900

3419 S 54th Ave Cicero, IL 60804

Multi-Family
Active
Updated 1 day ago

5
Total Beds

1337 S Austin Blvd, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-1.74%)

$565,000

1337 S Austin Blvd Cicero, IL 60804

Multi-Family
Active
Updated 3 hours ago

5
Total Beds

5734 W Cermak Rd, Cicero, IL 60804 - Photo 1

Price Reduced

-$36,000 (-5.26%)

$649,000

5734 W Cermak Rd Cicero, IL 60804

Lots/Land
Active
Updated 1 day ago

2837 W 25th St, Chicago, IL 60623 - Photo 1

Sold

$399,000

2837 W 25th St Chicago, IL 60623

Multi-Family
Closed

6
Total Beds

2427 S Spaulding Ave, Chicago, IL 60623 - Photo 1

Sold

$463,900

2427 S Spaulding Ave Chicago, IL 60623

Multi-Family
Closed

11
Total Beds

2407 S Spaulding Ave, Chicago, IL 60623 - Photo 1

Sold

$437,000

2407 S Spaulding Ave Chicago, IL 60623

Commercial
Closed

2630 S Spaulding Ave, Chicago, IL 60623 - Photo 1

Sold

$375,000

2630 S Spaulding Ave Chicago, IL 60623

Multi-Family
Closed

5
Total Beds

2523 S Whipple Avenue, Chicago, IL 60623 (MLS# 12075171) is a Commercial property that was sold at $430,000 on August 11, 2025. Want to learn more about 2523 S Whipple Avenue? Do you have questions about finding other Commercial 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.

2523 S Whipple Ave Chicago, IL 60623