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1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
1506 S TRUMBULL Avenue
VIEW PHOTOS
$280,000

1506 S TRUMBULL Avenue

7 Beds 3 Baths

Description

Welcome to this fantastic investment opportunity in the highly sought-after North Lawndale community! This property is perfect for both investors and owner-occupants utilizing an FHA 203k loan. The property features two units: the first unit offers 3 bedrooms and 1 bathroom, while the second unit boasts 4 bedrooms and 1 bathroom. Additionally, a full basement with a half bathroom provides extra space and potential. Situated on a double lot, this property offers the unique advantage of additional space for potential development. While the exterior of the property is in good condition, the interior presents an excellent opportunity for customization and upgrades. This property is a rare find with great potential and is not to be missed. With an after repair value (ARV) well into $500k, this property promises a lucrative return on investment. Quick access to bus and train stations and only blocks away from either direction to I-290 and I-55. Only a 5 minutes drive to downtown Chicago. With both Mt. Saini and St. Anthony's hospital being right down the street, this is all presents the perfect location for residents. Don't miss out on this exceptional opportunity to invest in North Lawndale. Contact us today to schedule a viewing and explore the possibilities this property has to offer.

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Location

1506 S TRUMBULL Avenue, Chicago, IL 60623

Status

Sold
Jerry Goodwin

Jerry Goodwin

TITLE

REALTOR®

Property Amenities

Interior
Total Bedrooms: 7
Area & Lot
MLS® ID 12134474
Year Built 1898
School District 299
Architecture Styles Greystone
Type Multi-Family
Status Sold
Exterior
Heat type Natural Gas, Radiator(s)
Water Source Public
Sewer Public Sewer
Lot Features Fenced Yard
Roof Flat
Finance
Sales Price $280,000
Real Estate Tax $4,446 yearly

Work With Jerry

Jerry helps his clients consider the financial goals and implications of investment ownership. Being able to show clients how real estate can build their wealth is among his greatest joys, and it is a thrill giving them keys at the end of the day.