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1505 S Kolin Avenue
Chicago IL 60623 US

$625,000

Active Listing ID 12723416
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8 bed
bath icon
3.00 Bath (4 Full)
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Other

$625,000

Active Listing ID 12723416
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1505 S Kolin Avenue **Exceptional Four-Unit Investment Opportunity!** Completely transformed from top to bottom, this extensively gut-rehabbed property has been legally rezoned & permitted for four residential units. Nearly every system and surface has been replaced, offering the appeal of modern construction within an existing building. Major improvements include a stunning new brick front facade, new roof, new rear porches, all-new electrical and plumbing systems, new HVAC with separate furnaces and tankless water heaters for each unit, new windows, flooring, kitchens, and beautifully designed bathrooms. No detail has been overlooked in this remarkable transformation! The first floor features 2 bedrooms and 1 bathroom, while the second and third floors each offer 3 bedrooms and 1 bathroom. A fourth residential unit is currently being completed in the full basement, creating additional rental income potential. Each residence showcases contemporary finishes, spacious living areas, and modern conveniences designed for today's lifestyle. Whether you're a savvy investor seeking to expand your portfolio or an owner-occupant looking to live in one unit while generating rental income from the others, this property presents an exceptional opportunity. With extensive capital improvements, multiple income streams, and long-term investment potential.This is a property you won't want to miss. Schedule your private showing today!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 625000
  • unparsedaddress: 1505 S Kolin Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60623
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.860361
  • longitude: -87.733212
  • listagentfullname: Annette Shelton
  • listagentemail: annette.shelton@bairdwarner.com
  • listagentkey: 3yd-MREDIL-140555
  • listagentmlsid: 140555
  • listagentpreferredphone: (312) 265-8000
  • listagentofficephone: 7086899757
  • listofficekey: 3yd-MREDIL-88724
  • listofficemlsid: 88724
  • disclaimer: Copyright © 2026 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: 1920
  • listingcontractdate: 2026-10-15
  • listagenturl: https://www.dreamtown.com
  • countyorparish: Cook
  • parcelnumber: 16222240020000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • parkingfeatures: Owned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 5, Bathroom 4, Basement, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.733215, 41.86036
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Dream Town Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chat@dreamtown.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@dreamtown.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/8c9eb0811dae11e08ce200219b994c72k-c4274297656r.png", "ListBrokerageName":"Dream Town Realty", "ListBrokeragePhone":"(312) 265-8000", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1950 North Sedgwick", "ListBrokerageWebsiteUrl":"https://www.dreamtown.com", "ListOfficeAddress1":"1338 W Madison St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"88724", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@dreamtown.com", "ListOfficePostalCode":"60607", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1505-S-Kolin-Ave_Chicago_IL_60623_M75785-14663?f=listhub&s=MREDIL&m=12723416&c=rexren", "MLSModificationTimestamp":"2026-10-15 19:14:03", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":14, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2117, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/15/2026 10:04:12 PM GMT
Source Updated Date: 10/17/2026 12:52:36 AM GMT

Courtesy of: Annette Shelton, Baird & Warner, annette.shelton@bairdwarner.com

Copyright © 2026 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.