Commercial > Multi-family / Apartments
Active
3 weeks ago
List Price
$799,000
1501 Kolin Ave
Chicago, IL 60623
- -Bed
- -Bath
- -Living Area
- 3,485ft²Lot Size
- -Pool
- -Car
- 1924Year Built
- 16DOM
- 1Permit
1501 Kolin Ave, Chicago, IL 60623 is a multi-family/apartments property built in 1924 on a 0.080 acre lot with 1 construction permit. This multi-family/apartments is currently on the market for $799,000, and it was last sold in 2020 for $348,000.
MLS Description
The listing agent's description. Original Listing
Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer vinyl windows (2023) that enhance both energy efficiency and curb appeal. The property features 3 spacious three-bedroom, one-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.
Listing Agents
The listing agent for 1501 Kolin Ave is Victor Jimenez.
VJ
Victor Jimenez
Berkshire Hathaway HomeServices American Heritage
License: 475157367
Phone: (847) 806-8336
Permits
1501 Kolin Ave has 1 permit records.
Permit History
1
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$11,881.62From latest Total Assessed Value21.17%Total Assessed Value$56,121=Land+
Assessed Value$6,898Additions
Assessed Value$49,223
In 2023, taxes billed for 1501 Kolin Ave were $11,881.62, which is 21.17% from latest Total Assessed Value of $56,121.
Property History
1501 Kolin Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1501 Kolin Ave
Hazard Risks
Tornado247Wind188Hail183Particulates155Weather122Air Pollution115Ozone114Nat'l Avg100Carb Mono99Lead57Earthquake44Hurricane10
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1501 Kolin Ave.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1501 Kolin Ave has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
62°F
High
82°F
In the winter at 1501 Kolin Ave, temperatures range from 19.44°F to 34.02°F with an average of 26.73°F. In the summer, the temperature ranges from 62.29°F to 81.66°F with and average of 71.98°F.
School Information
Public/private schools serving 1501 Kolin Ave
Public Schools
Mason Elementary School
Grades: PK-8
0.35 mi
D-
Infinity Math, Science and Technology High School
Grades: 9-12
1.75 mi
D-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1501 Kolin Ave have ratings undefined, and undefined.
Neighborhood
This property is located in North Lawndale, Chicago, IL 60623.
Seasonal Housing units 60623
1%of housing is for seasonal rent.
Daytime Population for 60623
-24%of people during work hours.
Crime Index for 60623
110
110
The crime index in 60623 is 110, which is 1.1 times higher than national average.
Market Trends
Historical market data near 1501 Kolin Ave over selected time period.
Nearby Properties on Kolin Ave
- 4848 S Kolin Ave # 1, Chicago, IL 60632 (Archer Heights) is a 1,944 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 4955 S Kolin Ave, Chicago, IL 60632 (Archer Heights) is a 1,043 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1956 and has an estimate of $271,299 with a price per ft² of $260.
- 1522 N Kolin Ave, Chicago, IL 60651 (Humboldt Park) is a 1,012 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1903 and has an estimate of $243,000 with a price per ft² of $240.
- 1523 N Kolin Ave # 1, Chicago, IL 60651 (Humboldt Park) is a 2,370 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 1542 N Kolin Ave, Chicago, IL 60651 (Humboldt Park) is a 2,078 square foot, 4 bedroom, 2 bathroom, 0.07 acre property.
- 6548 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 928 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1953 and has an estimate of $287,572 with a price per ft² of $310.
- 5128 S Kolin Ave, Chicago, IL 60632 (Archer Heights) is a 1,228 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1960 and has an estimate of $330,433 with a price per ft² of $269.
- 6759 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 1,609 square foot, 3 bedroom, 2 bathroom, 0.11 acre property.
- 6826 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 871 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1960 and has an estimate of $283,570 with a price per ft² of $326.
- 6827 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 751 square foot, 3 bedroom, 1 bathroom, 0.04 acre property. It was built in 1949 and has an estimate of $132,200 with a price per ft² of $176.
- 6843 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 955 square foot, 2 bedroom, 1 bathroom, 0.11 acre property. It was built in 1955 and has an estimate of $277,526 with a price per ft² of $291.
- 5250 S Kolin Ave, Chicago, IL 60632 (Archer Heights) is a 3,864 square foot, 8 bedroom, 5 bathroom, 0.1 acre property.
- 3022 S Kolin Ave, Chicago, IL 60623 (Little Village) is a 1,506 square foot, 3 bedroom, 2.25 bathroom, 0.07 acre property. It was built in 1905 and has an estimate of $247,431 with a price per ft² of $164.
- 2257 S Kolin Ave, Chicago, IL 60623 (A. G. Wieses) is a 0.06 acre property.
- 7929 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 888 square foot, 2 bedroom, 1 bathroom, 0.11 acre property. It was built in 1957 and has an estimate of $275,116 with a price per ft² of $310.
- 7933 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 1,024 square foot, 3 bedroom, 1 bathroom, 0.11 acre property. It was built in 1957 and has an estimate of $284,839 with a price per ft² of $278.
- 7937 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 1,452 square foot, 3 bedroom, 2.25 bathroom, 0.11 acre property. It was built in 1957 and has an estimate of $313,685 with a price per ft² of $216.
- 7947 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 888 square foot, 2 bedroom, 1 bathroom, 0.11 acre property. It was built in 1952 and has an estimate of $320,455 with a price per ft² of $361.
- 7930 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 1,024 square foot, 3 bedroom, 1 bathroom, 0.11 acre property. It was built in 1957 and has an estimate of $312,492 with a price per ft² of $305.
- 5659 S Kolin Ave, Chicago, IL 60629 (West Elsdon) is a 2,112 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 6017 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 1,056 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1950 and has an estimate of $278,130 with a price per ft² of $263.
- 6019 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 968 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1919 and has an estimate of $274,337 with a price per ft² of $283.
- 7944 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 917 square foot, 4 bedroom, 1 bathroom, 0.11 acre property. It was built in 1952 and has an estimate of $269,072 with a price per ft² of $293.
- 8042 S Kolin Ave, Chicago, IL 60652 (Crest Line Highlands) is a 1,398 square foot, 3 bedroom, 2 bathroom, 0.11 acre property. It was built in 1957 and has an estimate of $301,612 with a price per ft² of $216.
- 6115 S Kolin Ave, Chicago, IL 60629 (West Lawn) is a 1,067 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1941 and has an estimate of $251,116 with a price per ft² of $235.
- View more properties on Kolin Ave