See all 56 photos
56 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$699,000
Est. payment /mo
8 Beds
4 Baths
OPEN HOUSE
Sun Jun 01, 2:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12362367
Bedrooms 8
Year Built 1918
Annual Tax Amount $2,270
Tax Year 2022
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Welcome to 1315 S Kolin Ave, a meticulously renovated brick multi-unit property in the heart of North Lawndale, offering the perfect blend of luxury, function, and income potential. This legal 3-flat features a fully finished 4th unit garden apartment, making it a 4-unit income-producing powerhouse-ideal for both investors and house hackers alike. Currently, the garden unit is leased at $1,800/month, while the three upper units are fully updated and available for immediate lease or occupancy. Live in one unit and rent out the other two for $1,800/month each, generating a total of $5,400/month in rental revenue-more than enough to cover your mortgage and household expenses. This is a golden opportunity to live affordably while building wealth through real estate. The renovation of this property was nothing short of miraculous-no detail was overlooked and no system untouched. Everything is brand new: electrical, plumbing, HVAC, roof, windows, kitchens, bathrooms, flooring, and finishes. Each of the four spacious 2-bedroom, 1-bath units features modern shaker cabinetry, sleek countertops, in-unit laundry, stainless steel appliances, and separate central air and heating systems-ensuring privacy and comfort for every resident. Outside, a new concrete parking pad accommodates multiple vehicles and is secured by a 6-foot privacy fence with a rolling gate. Located in the up-and-coming North Lawndale neighborhood, the property is close to public transit, parks, schools, and shopping. Whether you're an owner-occupant seeking to house hack or an investor looking for strong cash flow and a fully turn-key building, 1315 S Kolin Ave is a rare opportunity you don't want to miss.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Rooms
Basement Unfinished, Full, Walk-Out Access
Interior
Heating None
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition REO/Lender Owned
Read Less Info
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Applegate • Straight-A Realty, LLC
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Shorewood, IL
- Homes For Sale in Joliet, IL
- Homes For Sale in Plainfield, IL
- Homes For Sale in Crest Hill, IL
- Homes For Sale in Romeoville, IL
- Homes For Sale in Channahon, IL
- Homes for Sale in Minooka, IL
- Homes For Sale in Naperville, IL
- Homes For Sale in Bolingbrook, IL
- Homes For Sale in Rockdale, IL
- Homes For Sale in Crystal Lawns, IL
- Homes For Sale in Lockport, IL
- Homes For Sale in Elwood, IL
- Homes For Sale in New Lenox, IL
- Homes For Sale in Homer Glen, IL
- Homes For Sale in Morris, IL
- Homes For Sale in Coal City, IL
- Homes For Sale in Manhattan, IL
- Homes For Sale in Mokena, IL
- Homes For Sale in Frankfort, IL
- Homes For Sale in Orland Park, IL