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
$ 1,550,000
Est. payment | /mo
8,928 SqFt
$ 1,550,000
Est. payment | /mo
8,928 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,928 sqft
Price per Sqft $173
MLS Listing ID 12578309
Year Built 1911
Annual Tax Amount $13,963
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 25X126
Property Sub-Type Multi Family 5+
Property Description
Located at the prominent corner of 23rd Street and Sacramento Avenue, this newer renovated (completion set for spring 2026) 9-unit brick apartment building offers a compelling combination of modern upgrades, strong unit mix, and long-term durability. The property encompasses approximately 8,930 square feet and includes a full basement, providing additional functional space and operational flexibility. Its corner exposure delivers excellent natural light throughout the building, enhancing tenant appeal and overall livability. The unit mix is well diversified and highly marketable, consisting of one 1-bedroom/1-bath unit, one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, two 3-bedroom/1-bath units, and one spacious 4-bedroom/2-bath unit. Each apartment has been thoughtfully updated with modern kitchens and baths, in-unit laundry, and individual HVAC systems will be installed (or credit) upon sale, aligning the property with current renter expectations and minimizing near-term capital needs. Recent capital improvements include updated electrical systems and a new roof (complete tear off in 2025), positioning the asset as a low-maintenance, stabilized investment.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Angelo Labriola of Sperry Van Ness
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "