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Thomas Rasmussen & Julianne Rasmussen

tom@therasmussenteam.com +1(630) 762-3902

$ 459,000

Est. payment | -/mo

7 Beds

3 Baths

Save

$ 459,000

Est. payment | -/mo

Save

7 Beds

3 Baths

Open House

Sat Oct 18, 11:00am - 1:00pm

Sun Oct 19, 11:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12493943

Style Greystone

Bedrooms 7

Year Built 1903

Annual Tax Amount $2,377

Tax Year 2023

Lot Dimensions 4690

Property Sub-Type Two to Four Units

Property Description

Welcome to 1844 S Millard Avenue, a gorgeous yellow brick Greystone in the heart of Chicago's resurging North Lawndale neighborhood. An area rich in architectural heritage and poised for growth. This fully occupied, income-producing 3-unit building offers the perfect blend of historic elegance, functional upgrades, and investment upside. Built in 1903 and well preserved, the home features an eye-catching turreted bay, an ornate covered entryway with a Corinthian column, a stone balcony with balustrade, and beautifully detailed limestone trim. All contributing to its commanding curb appeal. Situated on a tree-lined block filled with stunning Greystones and other turn-of-the-century homes, the property invites a sense of pride and permanence that's hard to replicate. Each unit is thoughtfully configured with separate utilities, in-unit laundry, and individual central air and heat systems, offering comfort and independence for tenants while making management simple. With 3,424 square feet of living space across a 4,690-square-foot lot, this classic multi-family presents an ideal opportunity for investors seeking a turnkey, stabilized asset in one of Chicago's most promising growth corridors. Located just minutes from the rapidly expanding Illinois Medical District, Mount Sinai Hospital, St. Anthony Hospital, Rush University, and Stroger Hospital, the demand for housing in this area is rising fast, fueled by job growth, and revitalized commercial spaces. Commuters will appreciate easy access to the CTA Pink Line, as well as I-290 and I-55, while outdoor lovers can enjoy nearby Douglass Park. Given current market trends and comparable rentals, this property offers significant potential of future rent income. Whether you're adding to your portfolio or planting roots in a vibrant, historic neighborhood, 1844 S Millard stands as a rare opportunity to own a piece of classic Chicago architecture with modern income appeal. Drive by and experience the block-you won't be disappointed.

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement None

Interior

Heating Forced Air

Equipment Ceiling Fan(s), Multiple Water Heaters

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick,Block,Stone,Limestone,Combination, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Block,Stone,Limestone,Combination

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Edgar Zelaya of eXp Realty

GET MORE INFORMATION

Thomas Rasmussen & Julianne Rasmussen

Broker-Associate | Lic# 475.112457 | 475.200942

tom@therasmussenteam.com

+1(630) 762-3902

325 South Street, Geneva IL 60134

1844 S Millard AVE Chicago, IL 60623

Thomas Rasmussen & Julianne Rasmussen

Open House

Key Details

Location

Rooms

Interior

Building

Schools

Others

1844 S Millard AVE