Map of Property

The Lamon Apartments

For Sale

1135-1141 N. Lamon Ave, Chicago, IL 60651

This Chicago property for sale is located at 1135-1141 N. Lamon Ave. The general use of The Lamon Apartments is multi-family and it incorporates 8,000 square feet of class A multi-family space. The current listed sale price for The Lamon Apartments is $895,000. The Lamon Apartments is situated on a lot that is 0.07 acre in size.

Contacts

broker
James Clough

Real Realty

Property Details

  • Property Type Multi-Family
  • Property Size 8,000 SF
  • Units 8
  • Lot Size 0.07 Acre
  • Building Class A
  • Year Built 1919
  • Date Updated Jun 10, 2025
Go off I-290 E to W. Lexington St in Chicago. Take exit 24B from I-290 E. Take S. Cicero Ave to W. Division St, then take a left into N. Lamon AveReal Realty, Inc. is pleased to present this well maintained walk-up building located in the North Austin neighborhood of Chicago. This opportunity consists of (8) units, all 2 bedroom 1 bath units. Rents are currently below market, an investor can conservatively increase rents $150+ as units turnover. Tenants are responsible for their own heat and electricity with laundry on-site. Included in the sale is a vacant lot for parking space opportunities to further bring home income. It is possible to make 8 parking spaces for cars each producing $190 in income per month. This asset is also situated between Bethel New Life, one of the most community driven organizations of Chicago dedicated to rebuilding and revitalizing the neighborhoods on the west side by providing holistic wellness services to those within the community.
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Highlights

  • Below market rents providing rent upside
  • Bethel new life church to the west, auto shop to the north, single family homes to the south, making this a quieter location than most
  • Opportunity for parking lot development
  • Tenant Paid Utilities

Getting around

  • 63/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Austin
  • Zip Code 60651
  • Market Chicago

Points of Interest

  • Cicero

    2.08 miles

  • Kedzie

    2.47 miles

  • Logan Square

    2.79 miles

  • California

    2.99 miles

  • Belmont

    3.19 miles

  • Kostner

    3.40 miles

  • 54th/Cermak

    3.47 miles

  • Irving Park

    3.68 miles

  • Central Park

    3.71 miles

  • Elmwood Park

    3.79 miles

  • Mobil

    0.11 miles

  • GoLo

    0.23 miles

  • Citgo

    0.23 miles

  • Marathon

    0.41 miles

  • Food 4 Less

    0.53 miles

  • BP

    0.65 miles

  • Soofa Solar Phone Charger

    1.92 miles

  • ChargePoint

    3.68 miles

  • Tesla Destination Charger

    3.69 miles

  • eVgo

    4.18 miles

  • West Suburban Hospital Parking Garage

    1.57 miles

  • Hatch School Parking Lot

    1.79 miles

  • Lot 46 G

    2.27 miles

  • Jewel Osco Lot

    2.49 miles

  • Avenue Parking Garage

    2.54 miles

  • Lot 57

    2.54 miles

  • Belmont Central Parking

    2.69 miles

  • Liberty Bank Customer Parking

    2.93 miles

  • Holly Court Parking Garage

    3.00 miles

  • Concordia University Parking Garage

    3.06 miles

  • Fullerton Hotel

    1.96 miles

  • Shamrock Motel

    2.52 miles

  • Karavan Motel

    3.02 miles

  • Irving Hotel - SRO

    3.56 miles

  • Ray's Bucktown Bed & Breakfast

    3.63 miles

  • Urban Holiday Lofts

    3.68 miles

  • IHSP Chicago Hostel

    3.69 miles

  • Holiday Jones

    3.98 miles

  • Cindy Lyn Motel

    4.14 miles

  • Hyatt Place Chicago / Wicker Park

    4.21 miles

  • Forman Mills

    0.39 miles

  • Ross

    0.47 miles

  • Food 4 Less

    0.47 miles

  • ALDI

    0.71 miles

  • Walmart Supercenter

    0.74 miles

  • Burlington

    0.87 miles

  • Cook Brothers

    0.92 miles

  • Save-A-Lot

    1.01 miles

  • Carnicerias Jimenez

    1.04 miles

  • Cermak Produce

    1.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
James Clough

Real Realty

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