3548 13th Place, Chicago, IL 60623

$ 825,000

Overview

  • Updated On:
  • February 12, 2026
  • None Garages
  • Year Built:1903

Property Description

Welcome to this property located in Chicago, IL. Built in 1903. this home is offered at $825,000.

This 6-unit multifamily property, featuring 2 additional Garden units prepared with gas, electric, and plumbing, is ready to accommodate 2 additional units. It is located just 8 minutes from the Medical District, offering an exceptional investment opportunity in the vibrant North Lawndale neighborhood. Built in 1901, this Class C property generates immediate cash flow and offers value-add potential, benefiting from its prime location within both an Opportunity Zone and Enterprise Zone 1, which provides substantial tax incentives for investors. This property features three 3-bedroom, 1-bathroom units and three 2-bedroom, 1-bathroom units, all with In-Unit washers and dryers, catering to families and working professionals. This desirable unit mix ensures stable occupancy in a market undergoing revitalization and economic growth. Completely renovated all units. Refinished the Roof in August 2025. The property benefits from its proximity to transportation, schools, and amenities, ensuring strong tenant demand and long-term growth opportunities.

A unfinished basement provides additional space.

The property sits on a 35 x 150 lot.

Located in Cook County.

Annual property taxes are $3,610 (as of 2023).

Address: 3548 13th Place, Chicago, IL 60623
City:
Area:
Zip: 60623
Country: United States

Property Id: 104241
Price: $ 825,000
Property Lot Size: 5,250 ft2
Year Built: 1903
Exterior Type: Brick, Stone
Basement: Unfinished basement
Parking Spaces: None
Water Front: None
Tax Amount: 3610
Tax Year: 2023
County: Chicago
City: Chicago

$ 1,394,011.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,198.69

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