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Street View
$625,000
Monthly Est:$3,111
9 Beds
4 Baths
--sqft
1505 S Kolin Ave, Chicago, IL 60623
$625,000
$3,111/moEst:
Get Pre-Approved
Multi Family
Built in 1920
$-- HOA
-- sqft lot
--/sqft
Description
**Exceptional Four-Unit Investment Opportunity!** Completely transformed from top to bottom, this extensively gut-rehabbed property has been legally rezoned & permitted for four residential units. Nearly every system and surface has been replaced, offering the appeal of modern construction within an existing building. Major improvements include a stunning new brick front facade, new roof, new rear porches, all-new electrical and plumbing systems, new HVAC with separate furnaces and tankless water heaters for each unit, new windows, flooring, kitchens, and beautifully designed bathrooms. No detail has been overlooked in this remarkable transformation! The first floor features 2 bedrooms and 1 bathroom, while the second and third floors each offer 3 bedrooms and 1 bathroom. A fourth residential unit is currently being completed in the full basement, creating additional rental income potential. Each residence showcases contemporary finishes, spacious living areas, and modern conveniences designed for today's lifestyle. Whether you're a savvy investor seeking to expand your portfolio or an owner-occupant looking to live in one unit while generating rental income from the others, this property presents an exceptional opportunity. With extensive capital improvements, multiple income streams, and long-term investment potential.This is a property you won't want to miss. Schedule your private showing today!
- Houzeo last checked: 9 minutes ago
- Listing updated: October 19, 2026 at 7:49 pm
- Listing Provided by: Annette Shelton (773) 368-0588 | Baird & Warner (312) 242-1000
- Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12723416
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12723416
MLS Status
Contingent
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Interior
Sewer
Public Sewer
Heating
Gas, Forced Air
Construction
Year Built
Year Built: 1920
Home type
Multi Family
Construction Materials
Brick
Utilities & Energy
Basement
Finished, Full
Water Source
Lake Michigan, Public
Parking Features
Yes, Owned
Price History
| Date | Event | Price |
|---|---|---|
10/19/2026 Source: | Contingent (Active Under Contract) | $625,000 $0/sqft |
10/15/2026 Source: | Listed for Sale | $625,000 +594.44% $0/sqft |
06/01/2023 Source: | Sold | $90,000 +12.50% $0/sqft |
06/01/2023 Source: | Price Decreased | $80,000 -20.00% $0/sqft |
10/26/2022 Source: | Listing Removed | $100,000 $0/sqft |
North Lawndale Ranks #63 in Chicago, IL
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 13, 2026, 10:00PM. 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 Nov 13, 2026, 10:00PM. 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 prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. 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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