1541 South Hamlin Avenue, Chicago, IL


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About 1541 South Hamlin Avenue

This well-maintained brick 3-unit building presents an excellent investment opportunity. Each of the spacious units boasts 4 bedrooms, 1 bath, hardwood floors, and gas forced air, ensuring comfortable living for tenants. With separate utilities, managing the property is a breeze. Currently, all units are leased to CHA tenants, generating a solid gross income of $4,412. The first and second-floor tenants are on a month-to-month arrangement, providing the flexibility for the new owner to occupy one unit while maintaining rental income from the others. The third-floor tenant is secured with a lease in place until March 2024. Don't miss out on this income-producing gem in a well-maintained condition.

Features of 1541 South Hamlin Avenue

MLS® # 11896943
Price $399,000
Units 3
Bedrooms 12
Bathrooms 3.00
Year Built 1958
Type Residential Income
Sub-Type Two to Four Units
Status Contingent
Multi-Family No

Community Information

Address 1541 South Hamlin Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623


Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Full


Exterior Brick

School Information

District 299

Additional Information

Days on Market 61
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeYBRS Realty Inc.

Listing Map

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