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Off market
  • $413,900

    1849 S Springfield Ave, Chicago, IL 60623

    3beds
    3,375sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $413,900 Zestimate®
    $123/sqft
    $1,764 Estimated rent

    Home value

    $413,900

    $356,000 - $476,000

    $1,764/mo

    Zestimate® history
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    What's special

    Nice rehabbed 3 unit building w/extra large lot located in the Hot North Lawndale neighborhood. (Opportunity zone). This building features large units with tall ceilings, separate dining rooms, flooring, fence, tuckpointing, gutters, in unit laundry in owners unit, no differed maintenance. There's also a huge attic with possibility of adding an additional unit, massive brick 3.5 car garage. This is great opportunity to live in one unit and pay your mortgage with a nice cashflow or rent all 3 and collect a great monthly passive income @ 11% cap rate when pro forma. The lower units are available one unit has a great long term tenant in place. Just blocks away from the pink line, Ogden corridor, with retail center. Minutes away from the Eisenhower (290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard and planned major developments. NO FHA!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Crawl
    Interior area
    • Total interior livable area: 3,375 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 1623310015

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Brick
    • Foundation: Concrete
    • Heat/Fuel: Gas
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage
    • Equipment: Ceiling Fan, CO Detectors, Multiple Water Heaters
    • Water: Lake Michigan
    • Roof Type: Asphalt/Glass (Shingles)
    • Other Information: School Bus Service, Commuter Train, Commuter Bus, Interstate Access
    • Basement: Crawl
    • Lot Description: Fenced Yard
    • Age: 100+ Years
    • Status: Pending
    • Appliances/Features Unit 1: Stove, Refrigerator
    • 3 Br Un In Bldg (Y/N): Yes
    • Type-Multi: 3 Flat
    • Area Amenities: Curbs/Gutters, Street Lights, Street Paved, Sidewalks, Park/Playground
    • Garage On-Site: Yes
    • Exterior Property Features: Porch
    • Garage Type: Detached2, Detached
    • Lot Dimensions: 31X130
    • Appliances/Features Unit 2: Stove, Refrigerator
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Basement (Y/N): Partial
    • Garage Ownership: Owned
    • Additional Rooms: Enclosed Porch
    • Appliances/Features Unit 3: Stove
    • Tenant Pays - Unit 3: Electric, Gas, Heat
    • Tax Year: 2017
    • Parcel Identification Number: 16233100150000

    Price history

    DateEventPrice
    1/24/2020Sold$260,000-7.1%$77/sqft
    Source: MRED as distributed by MLS GRID #10491665
    12/2/2019Pending sale$279,900$83/sqft
    Source: @properties #10491665
    11/26/2019Price change$279,900-2.8%$83/sqft
    Source: @properties #10491665
    10/10/2019Price change$287,900-3.7%$85/sqft
    Source: @properties #10491665
    9/28/2019Listed for sale$299,000$89/sqft
    Source: @properties #10491665

    Public tax history

    YearProperty taxesTax assessment
    2023$2,582 +2.6%$12,195
    2022$2,517 -30.7%$12,195 -32.2%
    2021$3,631 +23.7%$17,999 +37%

    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
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    $413,900
    2% more+ $8,278
    With Zillow Showcase(estimated)
    $422,178