1851 S Harding Ave

1851 South Harding Avenue, Chicago, IL 60623

  • For Sale $484,000
  • Property Type Multi-Family
  • Property Size 8,000 SF
  • Units 4
  • Lot Size 0.09 Acre
  • Parking Spaces Avail. 4
  • Property Tenancy Multi-Tenant
  • Year Built 1923
  • Year Renovated 2023
  • Date Updated Apr 23, 2024
North Lawndale is more than just a community area on the West Side of Chicago. It is a place of diversity, history, and culture. It is where you can find the K-Town Historic District, a treasure trove of greystones - a unique architectural style of Chicago.Exciting Portfolio Investment Opportunity: 4-Unit Condo Quality Building in North Lawndale. This all-brick, multi-family property offers a total of 7,000 square feet of rentable space across its four units that offer central heating & A/C units, in-unit laundry, individual hot water tanks, laminate, and vinyl flooring. The top three floors consist of large 2,000 square feet units larger than most single-family homes in the area, each featuring 3 bedrooms and 2 bathrooms with 9-foot-high ceilings. The lower-level unit (G) spans 1,200 square feet and includes 3 bedrooms and 1 bathroom. Assigned parking spaces are available for all four units in the off street gated rear parking lot. Built in 1923, the building boasts a classic architectural style with a rubber and flat roof. Units G, 2 and 3 were recently fully renovated and units two and three are occupied by new tenants. G is ready to be leased while Unit 1 is vacant and still requires updating – the sale price contemplates this value-add requirement. Whether you’re an experienced investor or looking to start your real estate portfolio, this property offers solid rental income and long-term growth potential with a value-add kicker. Don’t miss out on this fantastic investment opportunity! Each unit has its own PIN so new owner can keep as separate condominium quality units or they can collapse to single PIN apartment building. No HOA in place. Property is located 1-block from CTA Pink Line station (Pulaski), 2.3 miles from Douglas Park, 1.3 miles from I-290, and 2.3 miles from I-55.

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Attachments

Highlights

  • - Four Condo Quality Units
  • - Each One is Separately PIN'ed - Requires Four Closing Transactions

Contacts

broker

Mikus Kins

Be Commercial

(312) 925-8013

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood North Lawndale
  • Zip Code 60623
  • Market Chicago

Points of Interest

  • Pulaski

    0.13 miles

  • Central Park

    0.44 miles

  • Kostner

    0.53 miles

  • Kedzie

    0.91 miles

  • Cicero

    1.17 miles

  • Pulaski

    1.29 miles

  • Cicero

    1.42 miles

  • California

    1.47 miles

  • Kedzie-Homan

    1.49 miles

  • Cicero

    1.65 miles

  • Amstar

    0.31 miles

  • Citgo

    0.65 miles

  • BP

    0.73 miles

  • Shell

    0.75 miles

  • GoLo

    0.75 miles

  • BP

    0.91 miles

  • Exxon

    0.94 miles

  • Amoco

    0.96 miles

  • Mobil

    1.06 miles

  • Thorntons

    1.19 miles

  • 54th/Cermak Park & Ride

    2.06 miles

  • Overflow Parking

    2.07 miles

  • Lot W5

    2.43 miles

  • Trailer Parking

    2.46 miles

  • Lot A4

    2.63 miles

  • Lot A3

    2.66 miles

  • Lot C4

    2.68 miles

  • Lot B2

    2.71 miles

  • Lot B4

    2.72 miles

  • Wood Street Parking Structure (WSPS)

    2.77 miles

  • Karavan Motel

    1.12 miles

  • Shamrock Motel

    1.31 miles

  • Cindy Lyn Motel

    1.68 miles

  • Hyatt Place Chicago - Medical / University District

    2.87 miles

  • Hyatt House Chicago - Medical / University District

    2.93 miles

  • Marriott at Medical District/UIC

    3.20 miles

  • Hotel Chicago West Loop

    3.25 miles

  • Carlton Inn Midway

    3.57 miles

  • Hyatt House

    3.99 miles

  • Crossroads Hotel

    4.05 miles

  • New Pine Valley Restaurant

    0.24 miles

  • Subway

    0.25 miles

  • Lou Malnati's Pizzeria

    0.27 miles

  • The SoulFood Lounge

    0.28 miles

  • Dunkin'

    0.33 miles

  • Burger King

    0.49 miles

  • Checkers

    0.77 miles

  • Subway

    0.77 miles

  • Subway

    0.78 miles

  • La Justica

    0.80 miles

  • KIPP

    0.22 miles

  • William Penn Elementary School

    0.23 miles

  • Carole Roberston Center for Learning

    0.32 miles

  • Mason Elementary School

    0.41 miles

  • Dvorak Elementary School

    0.43 miles

  • Paderewski Elementary School

    0.45 miles

  • Olive Child-Parent Center

    0.47 miles

  • Herzl Elementary School

    0.49 miles

  • Herzl Child-Parent Center

    0.49 miles

  • Alexanders Beauty School

    0.53 miles

  • Peter Cottontail Day Nursery

    1.32 miles

  • New Zion Childcare Academy

    2.58 miles

  • Adams Street Child Care Center

    2.90 miles

  • Brighton Park Early Learning Center

    2.98 miles

  • Sunny Days Kid's Academy

    3.02 miles

  • Little Folks Cottage Inc

    3.09 miles

  • Happy Days Child Care Center

    3.10 miles

  • ABC Toon Town Day Care

    3.11 miles

  • Morningside Children's Academy

    3.13 miles

  • Taylor Tots

    3.28 miles

Frequently Asked Questions

What is the lease rate for 1851 S Harding Ave?

Rental asking rate at 1851 S Harding Ave is $242,000.00/YR.

What is the total square footage of 1851 S Harding Ave?

1851 S Harding Ave totals 8,000 square feet.

When was this property built?

1851 S Harding Ave was built in 1923.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Mikus Kins

Be Commercial

(312) 925-8013