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$799,999
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Property Description
This 6-unit multifamily property, featuring 2 additional Garden units prepared with gas, electric, and plumbing, is ready to accommodate 2 additional units. It is located just 8 minutes from the Medical District, offering an exceptional investment opportunity in the vibrant North Lawndale neighborhood. Built in 1901, this Class C property generates immediate cash flow and offers value-add potential, benefiting from its prime location within both an Opportunity Zone and Enterprise Zone 1, which provides substantial tax incentives for investors. This property features three 3-bedroom, 1-bathroom units and three 2-bedroom, 1-bathroom units, all of which have in-unit washers and dryers, catering to families and working professionals. This desirable unit mix ensures stable occupancy in a market undergoing revitalization and economic growth. Completely renovated 5 out of 6 units, and working on the 6th unit to be renovated. Refinished the Roof in August 2025. The property benefits from its proximity to transportation, schools, and amenities, ensuring strong tenant demand and long-term growth opportunities.
Full Property Details
Full Property Details for 3548 W 13th Pl
General
- Price: $799,999
- Taxes: $3,610 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12482421
- Updated: 1/12/2026
- Added to Site: 107 day(s) ago
Interior
- Basement: Unfinished
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: East of Central Park and South of Roosevelt
Heating & Cooling
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 3
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Dimensions: 35 x 150
Financial Considerations
- Operating Expenses: $10,500
- Assessment Year: 1903
- Tax Amount: $3,610
- Tax Year: 2023
Disclosures and Reports
- Property ID: 16232020220000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 3548 W 13th Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lawndale Elementary Community Academy 3500 West Douglas Boulevard, Chicago, IL 60623 | K-8 | 0.1 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 0.9 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 3548 W 13th Pl
Date
Details
Price
Change
Source
10/01/2025
Listed
$799,999
60%
MLS
3/19/2025
Sold
$500,000
—
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 3548 W 13th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,563
3%
$30,999
—
2022
$6,398
2%
$30,999
—
2021
$6,254
41%
$30,999
56%
2020
$4,450
-4%
$19,910
-13%
2019
$4,613
2%
$22,885
—
2018
$4,535
19%
$22,885
29%
2017
$3,821
8%
$17,687
—
2016
$3,542
9%
$17,687
—
2015
$3,241
-8%
$17,687
-7%
2014
$3,511
-16%
$18,924
-18%
2013
$4,187
303%
$23,019
298%
2012
$1,039
—
$5,788
—
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 3548 W 13th Pl
3548 W 13th Place, Chicago, IL 60623 (MLS# 12482421) is a Commercial property. 3548 W 13th Place is currently listed for $799,999 and was received on October 01, 2025. Want to learn more about 3548 W 13th Place? Do you have questions about finding other Commercial 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.

