1500 Lawndale AveChicago, IL 60623

This 10-unit apartment building in Chicago's Cook County (60623 zip code) presents a compelling value-add investment opportunity. Priced at $599,900 ($59,990 per unit), this Class C property offers significant upside potential. The building comprises nine legal units and one non-conforming unit, featuring a mix of unit sizes: two 3-bedroom, 1-bathroom units; six 2-bedroom, 1-bathroom units; one 1-bedroom, 1-bathroom unit; and a studio apartment. While some units require completion (the storefront units are framed-out), the property boasts recent upgrades including a new roof (installed within the last two years), updated plumbing and electrical systems, individual gas meters, and original stained hardwood flooring. All units are separately metered. The sale is strictly as-is, with property taxes prorated at 100%. A $5,000 earnest money deposit is required. The buyer and seller will each pay their respective closing costs. Note that a survey is not provided, and the seller makes no representations or warranties. Hard money loans are only acceptable from Renovo or Continuum Capital. 48-72 hours' advance notice and proof of funds or pre-approval letter are required for showings. This property is vacant.