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2246 N Lockwood Ave
Multi-Family
Just listed
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$545,000

2246 N Lockwood Ave, Chicago

54% below median
6 bd·3 ba·0 sqft
Built 1924Belmont Cragin

2246 N Lockwood Ave, Chicago, IL

6 bd · 3 ba · 0 sqft Multi-Family listed at $545,000, built in 1924 in the Belmont Cragin neighborhood.

About this home

Welcome to this well-maintained brick 2-flat located in the desirable Hansen Park neighborhood of Chicago. Both the first and second-floor units feature hardwood floors through out, 2 spacious bedrooms, separate living and dining areas, spacious kitchens with NEW stainless steel appliances and NEW bathrooms on both floors. The fully finished basement offers additional living space, complete with 2 bedrooms, a living room, kitchen, and full bathroom-ideal for extended living or additional income potential. 1st and 2nd units can generate $1800-$2200 month making this a solid income-producing property. The property also includes a dedicated utility and laundry area, a 2-car garage with nice yard for grilling. Schedule your private showing TODAY!

Property details

Price
$545,000
Bedrooms
6
Bathrooms
3
Year built
1924
Type
Multi-Family
Days on market
2
Est. property tax
$11,336/yr · $945/mo · 2.08% IL avg
Last sold
$308,000 · Jan 2017

Estimated monthly payment

Down payment20% ($109,000)
Interest rate6.75%
Principal & Interest$2,828
Property Tax$500
Insurance$150
Total$3,477/mo

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Price history

$584K$353K$122K$160K on May 97 (Sold)$182K on Nov 98 (Sold)$182K on Nov 98 (Sold)$265K on Jan 01 (Sold)$330K on Jun 03 (Sold)$448K on Jan 07 (Initial list)$448K on Jan 08 (Price change)$320K on Oct 16 (Initial list)$308K on Jan 17 (Sold)$444K on Oct 23 (Initial list)$440K on Dec 23 (Sold)$545K on Apr 26 (Initial list)
$160K · May 97$545K · Apr 26
  1. Apr 24, 2026$545,000Initial list price
  2. Dec 15, 2023$440,000Sold
  3. Oct 9, 2023$443,900Initial list price
  4. Jan 18, 2017$308,000Sold
  5. Oct 5, 2016$319,900Initial list price
  6. Jan 25, 2008$447,900Price change
  7. Jan 25, 2007$447,900Initial list price
  8. Jun 2, 2003$330,000Sold
  9. Jan 4, 2001$265,000Sold
  10. Nov 13, 1998$181,500Sold
  11. Nov 12, 1998$181,500Sold
  12. May 27, 1997$160,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60639)

Median age is 35.5; 10% hold a bachelor's degree; 48% of homes are owner-occupied; median household income is $54,969.

Median income
$54,969
Median age
35.5
Owner-occupied
47.5%
Bachelor's degree
10.3%
Census median home value
$279,400

Source: US Census Bureau American Community Survey 5-year estimates.

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