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1940 S Trumbull Ave
Multi-Family
New
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$500,000

1940 S Trumbull Ave, Chicago

58% below median
7 bd·3 ba·0 sqft
Built 1883North Lawndale

1940 S Trumbull Ave, Chicago, IL

7 bd · 3 ba · 0 sqft Multi-Family listed at $500,000, built in 1883 in the North Lawndale neighborhood.

About this home

Well-located property in Chicago's Little Village neighborhood offering convenient access to public transportation, including nearby CTA bus routes and easy connectivity to the Pink Line for a smooth downtown commute. This home features spacious living areas, a functional layout, and great natural light throughout. Ideal for both homeowners and investors, the property is situated near parks, schools, shopping, and dining, with quick access to major streets and expressways making travel across the city effortless. Ideal for an owner occupant to live in one and rent out the other two. Newer roof within 5 years, all new windows.

Property details

Price
$500,000
Bedrooms
7
Bathrooms
3
Year built
1883
Type
Multi-Family
Days on market
28
Est. property tax
$10,400/yr · $867/mo · 2.08% IL avg
Last sold
$118,000 · Dec 2022

Estimated monthly payment

Down payment20% ($100,000)
Interest rate6.75%
Principal & Interest$2,594
Property Tax$458
Insurance$150
Total$3,203/mo

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Price history

$547K$264K$-19K$29K on May 90 (Sold)$105K on Aug 02 (Sold)$200K on Mar 05 (Sold)$385K on Sep 06 (Sold)$70K on Nov 08 (Sold)$220K on Jul 11 (Initial list)$220K on Sep 11 (Price change)$150K on Nov 17 (Initial list)$150K on Feb 18 (Price change)$150K on Oct 18 (Price change)$150K on Dec 18 (Price change)$305K on Nov 20 (Initial list)$297K on Dec 20 (Price change)$290K on Dec 20 (Price change)$290K on Dec 20 (Price change)$270K on Mar 22 (Price change)$200K on Apr 22 (Initial list)$180K on Jun 22 (Price change)$150K on Aug 22 (Price change)$125K on Sep 22 (Price change)$118K on Nov 22 (Sold)$500K on Mar 26 (Initial list)
$29K · May 90$500K · Mar 26
  1. Mar 28, 2026$500,000Initial list price
  2. Nov 16, 2022$118,000Sold
  3. Sep 20, 2022$125,000Price change
  4. Aug 24, 2022$149,900Price change
  5. Jun 29, 2022$179,900Price change
  6. Apr 21, 2022$199,900Initial list price
  7. Mar 29, 2022$269,900Price change
  8. Dec 30, 2020$289,900Price change
  9. Dec 11, 2020$289,900Price change
  10. Dec 9, 2020$296,500Price change
  11. Nov 1, 2020$305,000Initial list price
  12. Dec 2, 2018$149,900Price change
  13. Oct 5, 2018$149,900Price change
  14. Feb 6, 2018$149,900Price change
  15. Nov 20, 2017$149,900Initial list price
  16. Sep 26, 2011$220,000Price change
  17. Jul 30, 2011$220,000Initial list price
  18. Nov 6, 2008$70,000Sold
  19. Sep 18, 2006$385,000Sold
  20. Mar 10, 2005$200,000Sold
  21. Aug 29, 2002$105,000Sold
  22. May 21, 1990$28,500Sold

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 60623)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 34.4; 9% hold a bachelor's degree; median household income is $37,814.

Median income
$37,814
Median age
34.4
Owner-occupied
37.8%
Bachelor's degree
9.0%
Census median home value
$203,400

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

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