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$225,000
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Property Description
Capitalize on the rapid appreciation of this high-growth "Path of Progress" neighborhood with a versatile brick 2-flat featuring a finished basement. Perfectly suited for a high-end "fix and flip" or a duplex-down conversion to maximize rental yield, this property offers two spacious 2-bed/1-bath units and a finished basement with two additional rooms and a full bath. Zoned RS-3, the building is equipped with individual HVAC systems for each floor, including separate furnaces and water heaters. The backyard provides a prime opportunity to build a new garage, further increasing the asset's resale value. Positioned near the 606 Trail and major retail developments, offering an ideal canvas for an investor looking to secure a foothold in one of Chicago's most trending markets.
Full Property Details
Full Property Details for 940 N Hamlin Ave
General
- Price: $225,000
- Taxes: $5,642 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12606813
- Updated: 4/13/2026
- Added to Site: 7 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
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 - Humboldt Park
- County: Cook
- Township: West Chicago
- Driving Directions: Chicago Ave To Hamlin (S) to subject property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1908
- Built Before 1978: Yes
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
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1908
- Tax Amount: $5,642.17
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16023200240000
Listed by DEI Realty LLC
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Schools
Schools serving 940 N Hamlin Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cameron Elementary School, Chicago, IL 1234 North Monticello Avenue, Chicago, IL 60651 | PK-8 | 0.4 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 940 N Hamlin Ave
Date
Details
Price
Change
Source
4/07/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 940 N Hamlin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,656
—
$28,000
27%
2023
$4,656
3%
$22,000
—
2022
$4,525
2%
$22,000
—
2021
$4,424
47%
$22,000
63%
2020
$3,005
-4%
$13,491
-13%
2019
$3,116
2%
$15,507
—
2018
$3,063
-31%
$15,507
-25%
2017
$4,454
7%
$20,692
—
2016
$4,144
9%
$20,692
—
2015
$3,792
17%
$20,692
19%
2014
$3,232
2%
$17,418
—
2013
$3,168
1%
$17,418
—
2012
$3,126
—
$17,418
—
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 940 N Hamlin Ave
940 N Hamlin Avenue, Chicago, IL 60651 (MLS# 12606813) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 940 N Hamlin Avenue is currently listed for $225,000 and was received on April 07, 2026. Want to learn more about 940 N Hamlin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.

