Listing provided courtesy of Kale RealtyMREDas Distributed by MLSGrid- MLS# 12565738MLS Provider

1130 S Albany AvenueChicago, IL 60612

Commercial · 3 Beds
$530,000 Active

1130 S Albany Avenue Overview

Time on Site:
103 days
Visits:
0

Recently updated 6 flat in rapidly appreciating North Lawndale steps from beautiful Douglas Park. Tenants enjoy newer back porches, central heat and being near the highway, Blue Line, and the park. The roof is ~15 years old, and porches are about 5 years old. Value add opportunity, selling As-Is. Some improvements are as follow. New 1in copper ran in basement. New 3/4 copper risers ran into units. 3 units have been remodeled. Upgraded electrical service. New water tank for unit 2f.

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1130 S Albany Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 1200
  • Electric Expense: 600
  • Fuel Expense: 600
  • Gross Income: 50400
  • Gross Scheduled Income: 31741
  • Insurance Expense: 2400
  • Maintenance Expense: 1000
  • Net Operating Income: 31741
  • Operating Expense: 18659
  • Trash Expense: 0
  • Water Sewer Expense: 3000

Building Information

  • Year Built: 1915

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - North Lawndale

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $4,500.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16133250300000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Basement: Unfinished
  • Cooling: None
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25X125

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

1130 S Albany Avenue Neighborhood

Community

60612 (Chicago) Demographics

34
Median Age
8,600
Population Density (per sq. mile)
45%
College Educated
$44,538
Estimated Median Income
3,770
Estimated Total Home Owners
9,430
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1130 S Albany Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1130 S Albany Avenue Market Data

Based on the last 30 days in this zip code

$595,193
Average List Price
$390
Average Price per Square Foot
18
Properties Sold
93
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

1130 S Albany Avenue History

Date Event Value Agent
6/24/2026Source: MRED Status Change
Active
6/18/2026Source: MRED Price Reduction
$530,000 -1.9%
6/18/2026Source: MRED Status Change
Price Change
5/16/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Price Reduction
$540,000 -1.8%
5/11/2026Source: MRED Status Change
Price Change
3/23/2026Source: MRED Status Change
Active
3/18/2026Source: MRED Added to Database
March 18, 2026