1307 S Kedzie Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1307 S Kedzie Avenue,Chicago, IL 60623
$630,000
  • 12 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: scott siegel
Office: chicago real estate authority
MLS#:12731019
Source:MLSNI

Price summary

  • Price:$630,000

About this home

Turnkey 4-unit brick greystone, fully gutted and rebuilt in 2020, offering four spacious 3-bedroom /1-bath units (12 bedrooms total) plus a finished walkout garden level and two exterior parking spaces. Steps from Douglass Park and the Pink Line, and minutes to the Illinois Medical District, the West Loop, and I-290 - a location drawing steady renter demand and sustained investor interest along the revitalizing Ogden corridor. Each unit was rebuilt with modern kitchens, updated baths, and separate mechanicals, positioning the building for immediate lease-up at current market rents. Comparable renovated 3-bedroom units in North Lawndale are leasing in the $1,500-$1,800 range, giving a new owner a clear path to strong, stabilized cash flow with value-add upside on any below-market unit. Tax advantage: The 2025 assessment was successfully appealed at the Cook County Board of Review, reducing the assessed value from 50,400 to 40,174 - roughly a 20 pct reduction and an estimated annual...

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Home facts

  • Year built:1897
  • Listing ID #:12731019
  • Updated:August 13, 2026 at 12:14 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:24
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1897

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$630,000
  • Tax amount:$10,163 (2024)

Parking

  • Total parking spaces:2
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