$749,999
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1239 S Spaulding Avenue, Chicago, IL 60623

Turn-Key 6-Unit Investment Opportunity in Rapidly Growing North Lawndale1239 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.

  • MLS# 12522582
  • Date Listed11/24/2025
  • Days on Realty 14 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.15 acres (6,537 sq. ft)
  • County Cook
  • Year Built 1899

Interior Features

  • Cooling Central Air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.15
  • Lot Size SQFT 6,537.00
  • Lot Features -

Financial Considerations

  • Tax Amount $9,300
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IL / 60623

Source: Walkscore

72/100

Very Walkable

Walk Score ®

72/100

Excellent Transit

Transit Score ®

60/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Some bike infrastructure.

Transit Summary

10 nearby routes: 9 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 65/100, Bike Score: 69/100.

Property Change History

Points of Interest near 1239 S SPAULDING Avenue, Chicago, IL 60623

Frequently Asked Questions for 1239 S SPAULDING Avenue

Source: Realty.com

1239 S SPAULDING Avenue, Chicago, IL 60623 is a Multi Family, Commercial Sale property listed for $749,999 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 24 photos of 1239 S SPAULDING Avenue.

Our records indicate that 1239 S SPAULDING Avenue was built in 1899.

The full address for this home is 1239 S SPAULDING Avenue, Chicago, IL 60623.

1239 S SPAULDING Avenue has been listed on Realty.com since Mon November 24, 2025

Most errands can be accomplished on foot. Transit is convenient for most trips. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 65/100, Bike Score: 69/100.

There are 3 schools assigned to this home. Check out the schools near 1239 S SPAULDING Avenue. Lawndale Elementary Community Academy (Grades: PK - 8), Learn Charter Middle School (Grades: 6 - 8), Noble Street Charter - Drw College Preparatory (Grades: 9 - 12)

Listing provided courtesy of: Kale Realty (tel: 312-939-5253)
Listing agent: Trisha Koors (#1017073)

This content last refreshed on 2025-12-08 00:54:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1239 S SPAULDING Avenue, Chicago, IL 60623 : MLS# 12522582