1615 S Trumbull Avenue, Chicago, IL 60623
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1615 S Trumbull Avenue,Chicago, IL 60623
$205,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: sean mcdonald
Office: berkshire hathaway homeservices chicago
MLS#:12551854
Source:MLSNI
Price summary
- Price:$205,000
About this home
Remarks: Welcome to 1615 S Trumbull Ave, a solid brick 2-flat located in the rapidly appreciating North Lawndale community, just moments from Douglas Park, local retail corridors, and multiple transit options. This property offers both immediate upside and long-term growth, making it an excellent opportunity for investors, developers, or owner-occupants looking to build equity. The building features spacious units, generous bedroom counts, a driveway, and a layout ideal for rental income or a future renovation project. Previous rents were significantly below market, creating a clear value-add opportunity to increase cash flow. For those considering a flip, newly renovated comparables are trading north of $500K, and brand-new construction 3-unit buildings are expected to break ground on the block in 2026 with projected pricing above $700K+. Residents will enjoy easy access to parks, schools, grocery, and major commercial corridors, as well as a short commute to the Loop (approx. 5.5 miles) and Chicago's lakefront (approx. 6 miles). Whether you're looking to hold as a rental, complete a full renovation, or explore a luxury redevelopment strategy, this property sits in a location poised for continued growth.
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Home facts
- Year built:1903
- Listing ID #:12551854
- Added:1 day(s) ago
- Updated:January 23, 2026 at 12:43 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1903
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$205,000
- Tax amount:$1,800 (2024)
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