Map of Property

The Lamon Apartments

1135-1141 N. Lamon Ave, Chicago, IL 60651

  • For Sale $895,000
  • Property Type Multi-Family
  • Property Size 8,000 SF
  • Units 8
  • Lot Size 0.07 Acre
  • Building Class A
  • Year Built 1919
  • Date Updated Jun 10, 2025
Go off I-290 E to W. Lexington St in Chicago. Take exit 24B from I-290 E. Take S. Cicero Ave to W. Division St, then take a left into N. Lamon AveReal Realty, Inc. is pleased to present this well maintained walk-up building located in the North Austin neighborhood of Chicago. This opportunity consists of (8) units, all 2 bedroom 1 bath units. Rents are currently below market, an investor can conservatively increase rents $150+ as units turnover. Tenants are responsible for their own heat and electricity with laundry on-site. Included in the sale is a vacant lot for parking space opportunities to further bring home income. It is possible to make 8 parking spaces for cars each producing $190 in income per month. This asset is also situated between Bethel New Life, one of the most community driven organizations of Chicago dedicated to rebuilding and revitalizing the neighborhoods on the west side by providing holistic wellness services to those within the community.
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Highlights

  • Below market rents providing rent upside
  • Bethel new life church to the west, auto shop to the north, single family homes to the south, making this a quieter location than most
  • Opportunity for parking lot development
  • Tenant Paid Utilities

Contacts

broker
James Clough

Real Realty

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable

  • Transit Score ®

    63/100 Good Transit

  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Austin
  • Zip Code 60651
  • Market Chicago

Points of Interest

  • Cicero

    2.08 miles

  • Kedzie

    2.47 miles

  • Logan Square

    2.79 miles

  • California

    2.99 miles

  • Belmont

    3.19 miles

  • Kostner

    3.40 miles

  • 54th/Cermak

    3.47 miles

  • Irving Park

    3.68 miles

  • Central Park

    3.71 miles

  • Elmwood Park

    3.79 miles

  • Mobil

    0.11 miles

  • GoLo

    0.23 miles

  • Citgo

    0.23 miles

  • Marathon

    0.41 miles

  • Food 4 Less

    0.53 miles

  • BP

    0.65 miles

  • Soofa Solar Phone Charger

    1.92 miles

  • ChargePoint

    3.68 miles

  • Tesla Destination Charger

    3.69 miles

  • eVgo

    4.18 miles

  • West Suburban Hospital Parking Garage

    1.57 miles

  • Hatch School Parking Lot

    1.79 miles

  • Lot 46 G

    2.27 miles

  • Jewel Osco Lot

    2.49 miles

  • Avenue Parking Garage

    2.54 miles

  • Lot 57

    2.54 miles

  • Belmont Central Parking

    2.69 miles

  • Liberty Bank Customer Parking

    2.93 miles

  • Holly Court Parking Garage

    3.00 miles

  • Concordia University Parking Garage

    3.06 miles

  • Fullerton Hotel

    1.96 miles

  • Shamrock Motel

    2.52 miles

  • Karavan Motel

    3.02 miles

  • Irving Hotel - SRO

    3.56 miles

  • Ray's Bucktown Bed & Breakfast

    3.63 miles

  • Urban Holiday Lofts

    3.68 miles

  • IHSP Chicago Hostel

    3.69 miles

  • Holiday Jones

    3.98 miles

  • Cindy Lyn Motel

    4.14 miles

  • Hyatt Place Chicago / Wicker Park

    4.21 miles

  • Subway

    0.47 miles

  • Wendy's

    0.52 miles

  • Burger King

    0.58 miles

  • Church's Chicken

    0.58 miles

  • McDonald's

    0.61 miles

  • Dunkin'

    0.62 miles

  • Taco Bell

    0.68 miles

  • Culver's

    0.82 miles

  • Rica Arepa

    1.29 miles

  • The Licking

    1.49 miles

  • Ronald E. McNair Elemnetary School

    0.25 miles

  • Hay Community Academy

    0.44 miles

  • Christians School

    0.46 miles

  • Leslie Lewis Elementary School

    0.47 miles

  • Our Lady of Perpetual Help School

    0.63 miles

  • Nash Elementary School

    0.68 miles

  • Christ School

    0.71 miles

  • Kiddie Play School

    0.75 miles

  • Austin Career Education Center

    0.76 miles

  • Howe Elementary School

    0.81 miles

  • Little Folks Cottage Inc

    1.94 miles

  • Luis Munoz Marin Primary Center

    1.97 miles

  • Peachtree Nursery and Preschool

    2.06 miles

  • Kangaroo Korner Learning Center

    2.37 miles

  • Little Einsteins

    2.39 miles

  • YMCA Child Care

    2.40 miles

  • A-Karrasel Child Care Center

    2.43 miles

  • Stepping Stones

    2.47 miles

  • ABC Toon Town Day Care

    2.54 miles

  • Little Beginnings Day Care

    2.92 miles

Frequently Asked Questions

How much does The Lamon Apartments cost?

The space currently listed for sale at The Lamon Apartments asks for $895,000.

What is the total square footage of The Lamon Apartments?

The Lamon Apartments totals 8,000 square feet.

When was this property built?

The Lamon Apartments was built in 1919.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
James Clough

Real Realty

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