Recently rehabbed to the studs. Great location, close to downtown. Each of the 3 units includes High-End finishes, Stainless steel appliances, Washer/Dryer in the Basement. High-End bathrooms. Central Air/Heat. Good-sized bedrooms. Large Living/Dining. Parking is in the back Fully rented with great tenants. Listed at a 9-CAP! Perfect for investors
Contingent
Price cut: $25K (12/29)
$550,000
1227 S Springfield Ave, Chicago, IL 60623
9beds
--sqft
Est.:
Multi Family
Built in 1896
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Good-sized bedroomsHigh-end finishesHigh-end bathroomsStainless steel appliances
- 58 days |
- 204 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: January 29, 2026 at 06:02pm
Listing courtesy of:
Lawrence Dunning lawrence@fultongrace.com,
Fulton Grace Realty
Source: MRED as distributed by MLS GRID,MLS#: 12529864
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 3
- Parking features: Yes
Lot
- Size: 3,125 Square Feet
- Dimensions: 25 X 125
Details
- Parcel number: 16231020100000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone
Condition
- New construction: No
- Year built: 1896
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $99,990
- Annual tax amount: $2,116
- Date on market: 12/9/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Contingent | $550,000 |
Source:  MRED as distributed by MLS GRID #12529864 Report a problem | ||
| 12/29/2025 | Price change | $550,000-4.3% |
Source: MRED as distributed by MLS GRID #12529864 Report a problem | ||
| 12/10/2025 | Price change | $575,000-4% |
Source: MRED as distributed by MLS GRID #12529864 Report a problem | ||
| 12/9/2025 | Listed for sale | $599,000 |
Source: MRED as distributed by MLS GRID #12529864 Report a problem | ||
| 12/9/2025 | Listing removed | $599,000+989.1% |
Source: MRED as distributed by MLS GRID #12512124 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,117 +2.6% | $9,999 |
| 2022 | $2,064 +2.3% | $9,999 |
| 2021 | $2,017 -14% | $9,999 -4.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,748/mo
Principal & interest
$2643
Property taxes
$912
Home insurance
$193
Climate risks
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 1/10Herzl Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Manley Career Academy High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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