1505 S Kolin AVE, Chicago, IL 60623
1505 S Kolin AVE, Chicago, IL 60623,Video Tour
1505 S Kolin AVE, Chicago, IL 60623
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Doug Anderson

Doug Anderson

+1(847) 687-3424
$625,000
Est. payment /mo
8 Beds
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12723416

Bedrooms 8

Year Built 1920

Annual Tax Amount $2,117

Tax Year 2024

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property 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!

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/9132a3d7-8de0-4cdb-b027-ff4df912531a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

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Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Annette Shelton of  Baird & Warner 
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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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1505 S Kolin AVE