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$499,900 Contingent
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Property Description
Experience TIMELESS ELEGANCE and CONTEMPORARY LUXURY in this IMPECCABLY RENOVATED two-unit property, thoughtfully redesigned with PREMIUM MATERIALS and SOPHISTICATED FINISHES. Wrapped in durable and stylish HARDIE BOARD SIDING, this home seamlessly blends MODERN DESIGN with ENDURING QUALITY. The MAIN DUPLEX-DOWN UNIT offers two expansive levels of REFINED LIVING. The main floor showcases a STUNNING OPEN-CONCEPT LAYOUT with a DESIGNER KITCHEN that flows effortlessly into the living and dining spaces - perfect for both ENTERTAINING and EVERYDAY LIVING. Two serene bedrooms, including one with a CUSTOM WALK-IN CLOSET, and a beautifully appointed full bath complete this level. The lower level expands the home's livable space with a SPACIOUS RECREATION ROOM, three additional bedrooms, a full bath, and CONVENIENT EXTERIOR ACCESS - ideal for guests, extended family, or a private home office. The SECOND UNIT mirrors the same attention to detail, featuring a FULL MODERN KITCHEN, a bright and inviting LIVING ROOM, three generous bedrooms, and a STYLISH FULL BATH - an exceptional opportunity for ADDITIONAL INCOME or LUXURY MULTIGENERATIONAL LIVING. Every element of this property reflects a COMMITMENT TO QUALITY: NEW WATER, ELECTRIC, AND GAS SERVICE, DRAIN TILE WITH SUMP PUMP, NEW ROOF, WINDOWS, AND FRAMING, a NEWLY BUILT PORCH, and METICULOUSLY DESIGNED LANDSCAPING that enhances the home's CURB APPEAL. Whether you're an OWNER-OCCUPANT SEEKING ELEGANCE AND COMFORT or an INVESTOR PURSUING A TURNKEY OPPORTUNITY, this exceptional property offers the perfect blend of SOPHISTICATION, VERSATILITY, AND PEACE OF MIND. INSTANT MONEYMAKER - APPROX. 10.3% ROI - A RARE OFFERING OF STYLE AND SUBSTANCE.
Full Property Details
Full Property Details for 328 N Lockwood Ave
General
- Price: $499,900
- Taxes: $1,818 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12512556
- Updated: 12/23/2025
- Added to Site: 72 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: Located on Lockwood Ave between Washington Blvd (South) and Franklin Blvd (North), in the Austin neighborhood of Chicago's West Side.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Ellington Elementary School
- Middle School: Ellington Elementary School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 1890
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 126
Water Features
- Water Front: Yes
Financial Considerations
- Insurance Fee: $3,000
- Assessment Year: 1890
- Tax Amount: $1,818
- Tax Year: 2024
- Pays Electric: 240
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16093040220000
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Schools
Schools serving 328 N Lockwood Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ellington Elementary School 243 North Parkside Avenue, Chicago, IL 60644 | PK-8 | 0.4 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 328 N Lockwood Ave
Date
Details
Price
Change
Source
11/06/2025
Listed
$499,900
1010.89%
MLS
4/02/2024
Sold
$45,000
—
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 328 N Lockwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,582
3%
$7,500
—
2022
$1,543
2%
$7,500
—
2021
$1,508
-57%
$7,500
-53%
2020
$3,547
—
$15,924
-10%
2019
$3,555
2%
$17,694
—
2018
$3,495
9%
$17,694
18%
2017
$3,220
7%
$14,959
—
2016
$2,996
9%
$14,959
—
2015
$2,741
2%
$14,959
4%
2014
$2,679
2%
$14,437
—
2013
$2,626
1%
$14,437
—
2012
$2,591
—
$14,437
—
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 328 N Lockwood Ave
328 N Lockwood Avenue, Chicago, IL 60644 (MLS# 12512556) is a Multi-Family property with 2 units containing 2 bedrooms and 0 full bathrooms. 328 N Lockwood Avenue is currently listed for $499,900 and was received on November 06, 2025. Want to learn more about 328 N Lockwood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

