Back to searchdwelloSaveShareHideMore
Price cut: $45,000
View all 9 photos
Two to Four Units · Chicago, IL
$585,000$630,000
12 beds · 4 baths
1307 S Kedzie Avenue, Chicago, IL, 60623
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Turnkey 4-unit brick greystone, fully gutted and rebuilt in 2020, offering four spacious 3-bedroom /1-bath units (12 bedrooms total) plus a finished walkout garden level and two exterior parking spaces. Steps from Douglass Park and the Pink Line, and minutes to the Illinois Medical District, the West Loop, and I-290 - a location drawing steady renter demand and sustained investor interest along the revitalizing Ogden corridor. Each unit was rebuilt with modern kitchens, updated baths, and separate mechanicals, positioning the building for immediate lease-up at current market rents. Comparable renovated 3-bedroom units in North Lawndale are leasing in the $1,500-$1,800 range, giving a new owner a clear path to strong, stabilized cash flow with value-add upside on any below-market unit. Tax advantage: The 2025 assessment was successfully appealed at the Cook County Board of Review, reducing the assessed value from 50,400 to 40,174 - roughly a 20 pct reduction and an estimated annual savings of about $2,000. Post-appeal real estate taxes are projected in the ~$7,600-$8,100 range, materially lowering carrying costs and directly improving NOI for an income-focused buyer. Ideal for an investor seeking stabilized West Side cash flow or an owner-occupant house-hacker. As a 4-unit, the building qualifies for the Fannie Mae 5 pct-down owner-occupant program (2-4 units), which - unlike FHA - does not require the property to pass the self-sufficiency (net rental income) test, widening the buyer pool. Financing eligibility subject to buyer qualification. Offering memorandum with rent roll and expense detail available on request.
— the listing agent’s description

The home

12 beds
4 baths
Built in 1897
Lot 3,000 SQ FT
Two to Four Units

What it’ll cost

$10,163 taxes / yr
No HOA
Listed $630,000
Now $585,000
5 days on dwello

Estimated monthly payment

$4,128/mo
Principal & interest$3,110
Property taxes$847
Homeowners insurance$171
Get pre-qualified →Connect with a licensed lender in the dwello network.
Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
5 days on dwello
Price history
Price reduced
Aug 16, 2026
↓ $45,000$585,000
Listed for sale
Aug 12, 2026
$630,000
Earlier records
Listed
Jul 14, 2026
$630,000
Now $45,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$10,163/yr
Assessed value
2026
County assessor
$40,174~$401,740 mkt
2025
$40,174~$401,740 mkt
2024
$50,400~$504,000 mkt
2023
$11,000~$110,000 mkt
2022
$11,000~$110,000 mkt
2021
$11,000~$110,000 mkt
2020
$4,877~$48,770 mkt
2019
$4,877~$48,770 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBrickPublic SewerYesOwned
Neighborhood
Loading map…
Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Scott Siegel · Chicago Real Estate Authority
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 4:52 PM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 4:52 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
See it in personA real dwello agent on our team — never a sold lead.
Schedule a tour Message
No pressure — reach out whenever you’re ready.
Similar homes nearby
MessageSchedule a tour