Lori Scarbrough

1506 S Spaulding Avenue Chicago, IL 60623 • Multi Unit - Multiple • New

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  • 1506 S Spaulding Avenue , Chicago, IL 60623 Main Photo

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Description

***INVESTOR'S DREAM! INCREDIBLE OPPORTUNITY IN NORTH LAWNDALE!*** Do not miss your chance to own this spacious brick 3-flat offering 9 bedrooms and 6 full bathrooms, with each generously-sized unit featuring 3 bedrooms, 2 full baths, and in-unit washer/dryer hookups! The top-floor unit is a true standout, featuring beautiful cathedral ceilings and charming Juliet balconies that add character and architectural appeal. Additional features include a large rear parking pad and low-maintenance front and rear decking and stairs. BRING YOUR VISION AND UNLOCK THE POTENTIAL! The property requires repairs and cosmetic making this an excellent opportunity for investors looking to renovate, maximize rental income, and build equity. Whether you are expanding your investment portfolio or looking for an owner-occupied property with income-producing potential, this spacious 3-flat offers endless possibilities! With 3 large units, a desirable layout, and tremendous value-add potential, this North Lawndale investment opportunity is one you do not want to miss! PROPERTY IS BEING SOLD AS-IS. SELLER WILL MAKE NO REPAIRS. Schedule your private showing today!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Century 21 S.G.R., Inc. 312-326-2121
MRED MLS
$430,000
Est. $2,983/mo
9beds
6baths
New to the Market New
BEDS9 BATHS6 full MLS#12793037
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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1506 S Spaulding Avenue , Chicago, IL 60623.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $430,000$430,000$430,000
Down Payment $86,000$15,050$107,500
Monthly Mortgage Amount $2,260$2,774$2,787
Taxes $598$598$598
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$189$0
Monthly Estimated Total $2,983$3,686$3,510

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