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1239 S SPAULDING Avenue
Chicago IL 60623 US

$749,999

Active Listing ID 12522582
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17 bed
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6.00 Bath (6 Full)
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Lot: 0.15 Acres
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Other

$749,999

Active Listing ID 12522582
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1239 S SPAULDING Avenue Turn-Key 6-Unit Investment Opportunity in Rapidly Growing North Lawndale 1239 S Spaulding Ave presents a rare chance to acquire a fully occupied (CHA/cash mix), condo-quality 6-unit building in one of Chicago's most active growth corridors. Each unit features modern finishes, recently replaced appliances, refreshed kitchens and baths, and the clean, updated feel that attracts strong, long-term tenants. The property includes full, gutted basements with laundry hookups, offering flexibility for future owner improvements-whether adding storage, shared laundry, or additional amenity space. Major building upgrades have already been completed, including roof work in 2025 and updated electrical service, significantly reducing near-term capital expenditures. With all units rented and generating consistent income, this turn-key asset is ideal for investors seeking stability, low maintenance, and attractive returns. Conveniently located near parks, transit, and growing neighborhood amenities, 1239 S Spaulding Ave delivers both immediate cash flow and long-term value in North Lawndale.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 749999
  • unparsedaddress: 1239 S SPAULDING Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60623
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Acres
  • lotsizearea: 0.15
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.865141
  • longitude: -87.707717
  • listagentfullname: Trisha Koors
  • listagentemail: trisha.koors@gmail.com
  • listagentkey: 3yd-MREDIL-1017073
  • listagentmlsid: 1017073
  • listagentpreferredphone: (312) 939-5253
  • listagentofficephone: 3093705354
  • listofficekey: 3yd-MREDIL-86995
  • listofficemlsid: 86995
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1899
  • listingcontractdate: 2025-11-24
  • listagenturl: http://kalerealty.com
  • countyorparish: Cook
  • parcelnumber: 16232060180000
  • cooling: Central Air
  • constructionmaterials: Brick
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Basement, Bedroom 1, Bedroom 12, Bathroom 5, Bedroom 9, Bedroom 14, Bathroom 6, Bedroom 3, Bedroom 10, Bedroom 15, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 17, Bedroom 16, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 13, Bathroom 3, Bedroom 11
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.70772, 41.865143
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Kale Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"trisha.koors@gmail.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Lyle@kalerealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a2a01761336e11e8b7100242ac110005/20190701172450784.png", "ListBrokerageName":"Kale Realty", "ListBrokeragePhone":"(312) 939-5253", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2447 N Ashland", "ListBrokerageWebsiteUrl":"http://kalerealty.com", "ListOfficeAddress1":"2447 N. Ashland Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"86995", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"Lyle@kalerealty.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1239-S-Spaulding-Ave_Chicago_IL_60623_M91004-52729?f=listhub&s=MREDIL&m=12522582&c=rexren", "MLSModificationTimestamp":"2025-12-05 21:46:01", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9300, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2025 1:03:21 AM GMT
Source Updated Date: 12/20/2025 1:22:13 PM GMT

Courtesy of: Trisha Koors, Kale Realty, trisha.koors@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.