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1539 N Kolin Ave, Chicago, IL, 60651

6beds
3baths
--sqft
$499,999
--price/sqft
$3,794/moest. monthly cost
$151,760/yrincome needed

About This Home

Discover this promising legal 3-unit building located in the vibrant Humboldt Park neighborhood. Each of the three units features two bedrooms and one bathroom, with the first and second-floor residences offering separate living rooms, dining rooms, and kitchens. Tenants enjoy individual control over their own boilers and water heaters, and the second-floor boiler was recently replaced in 2025. The property includes a shared common area with free laundry facilities, a large backyard, and a 1.5-car garage. While the roof is estimated to be 15-20 years old and most appliances are original, the first-floor stove and range were updated in 2025. Currently, all tenants are on month-to-month leases, providing flexibility for new ownership. Situated in the northwest corner of Humboldt Park, residents are just a short drive from the park's extensive amenities, including tennis courts, the beach and lagoon, the National Museum of Puerto Rican Arts & Culture, and various sports fields, while also benefiting from proximity to local grocery options, public transportation, and popular dining spots.

Getting Around

83
WalkingVery Walkable
64
TransitGood Transit
64
BikeBikeable

Schools

3/10
1/10
Orr Academy High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1914

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Steam,Baseboard

Property

Details

  • Parcel number: 16032020110000
  • Special condition: None

Lot

  • Lot size dimensions: 112x16x17x126x25

Parking

  • Total spaces: 1
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$416$4,992
Property Taxes $720$8,640
Electricity $130$1,569
Total$3,794$45,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,080/yr
40% on housing$113,820/yr
45% on housing$101,173/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60651$243
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60651$187
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Listed for sale$499,999
2023-11-14Listing removed--
2023-10-10Listed for sale$450,000
2023-10-10Listing removed--
2023-10-09Listed for sale$450,000
2023-09-22Contingent$450,000
2023-08-31Listed for sale$450,000
2023-08-23Contingent$450,000
2023-07-06Listed for sale$450,000
2023-06-13Contingent$450,000
2023-06-06Listed for sale$450,000
2022-07-25Listing removed--
2022-07-13Listed for rent$1,295
2021-10-28Sold$395,000
2021-09-21Contingent$390,000
2021-09-14Price change$390,000
2021-07-12Listed for sale$400,000

For Sale by Agent

AgentMiguel Lopez
BrokerageRedfin Corporation

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