Active Under Contract
Multi family home for sale at 1040 N Lawndale Ave, Chicago, IL 60651 | MLS# 12706496 | Listing updated on 2026-09-05
Photo 1 of Multi family home for sale at 1040 N Lawndale Ave, Chicago, IL 60651 | MLS# 12706496 | Listing updated on 2026-09-05
Photo 2 of Multi family home for sale at 1040 N Lawndale Ave, Chicago, IL 60651 | MLS# 12706496 | Listing updated on 2026-09-05
Photo 3 of Multi family home for sale at 1040 N Lawndale Ave, Chicago, IL 60651 | MLS# 12706496 | Listing updated on 2026-09-05
Photo 4 of Multi family home for sale at 1040 N Lawndale Ave, Chicago, IL 60651 | MLS# 12706496 | Listing updated on 2026-09-05
6+
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Street View

$494,999

Monthly Est:$2,464

  • Beds Icon5 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

1040 N Lawndale Ave, Chicago, IL 60651

$2,464/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1913

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

Prime Humboldt Park investment opportunity! Fully rented solid-brick two-flat offering 5 bedrooms + 2 additional finished lower-level rooms and 3 full bathrooms, providing immediate rental income and excellent long-term potential. The first floor features 2 bedrooms/1 bath, while the second floor offers 3 bedrooms/1 bath. The finished lower level provides two additional approximately 11'10' rooms currently configured as bedrooms, a full bathroom, and front egress, adding valuable living and flex space. Additional highlights include a full finished basement, private rear parking for two vehicles, and classic brick construction. Ideally located near public transportation, shopping, restaurants, parks, and everything thriving Humboldt Park has to offer. A rare opportunity to acquire a fully occupied, income-producing Chicago two-flat with exceptional space, versatility, and future potential.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: September 5, 2026 at 2:06 am
  • Listing Provided by: Kassia Cerda | Kale Realty (312) 939-5253
  • Source: MRED MLS-IL | MLS#: 12706496 MRED MLS-IL

Part of

Building
1040 N Lawndale Ave
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Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Humboldt Park

  • Year Built

    1913

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12706496

  • MLS Status

    Contingent

  • Days on Market

    79

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Heating

    Natural Gas

Construction

  • Year Built

    Year Built: 1913

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Basement

    Finished, Full

  • Parking Features

    Yes, Owned

  • Water Source

    Lake Michigan

Price History

DateEventPrice

09/05/2026

Source: mls_logoMRED MLS-IL #MRD12706496

Contingent (Active Under Contract)

$494,999

$0/sqft

08/30/2026

Source: mls_logoMRED MLS-IL #MRD12706496

Price Decreased

$494,999 -1.00%

$0/sqft

07/23/2026

Source: mls_logoMRED MLS-IL #MRD12706496

Listed for Sale

$499,999 +2073.91%

$0/sqft

12/28/2012

Source: mls_logoMRED MLS-IL #MRD08172022

Sold

$23,000 -6.12%

$0/sqft

12/28/2012

Source: mls_logoMRED MLS-IL #MRD08172022

Price Decreased

$24,500 -45.56%

$0/sqft

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Humboldt Park Ranks #64 in Chicago, IL

Homes for sale
75

Homes

Rental prices
$1,207

Rental Prices

Median Home Price
$455K

Median Home Price

Humboldt Park, Chicago, IL neighborhood guide

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 11, 2026, 01:45PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 11, 2026, 01:45PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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