Rare Investment Opportunity with Adjacent Lot in Humboldt Park! Don't miss this rare opportunity to own a solid 3-unit building plus the adjacent lot at 828 N Springfield in the rapidly growing Humboldt Park area. This versatile property is ideal for investors or owner-occupants looking to build equity while generating strong rental income. The building features three spacious units, including one 2-bedroom, 1-bath unit and two 3-bedroom, 1-bath units, offering excellent layout flexibility and tenant appeal. All three units have separate utilities, making management efficient and cost-effective. Well-maintained home located in a rapidly growing area of Humboldt Park. This property offers strong equity potential and solid bones for the right buyer with vision. Surrounded by ongoing development, this is an opportunity to get in early while the area continues to appreciate. The property is move-in ready and has been cared for by a hands-on owner, with pride of ownership evident throughout. Comparable homes in the area are selling for significantly higher, making this an excellent value with upside potential. The additional lot at 828 N Springfield provides even more possibilities-expand, build new, create outdoor space, or hold for future appreciation. Property is being sold as-is. Schedule your showing today to fully appreciate everything this opportunity has to offer.
Active
Price cut: $25K (4/23)
$474,999
830 N Springfield Ave, Chicago, IL 60651
6beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$471,700 Zestimate®
$--/sqft
$-- HOA
What's special
Three spacious units
- 48 days |
- 319 |
- 17 |
Zillow last checked:
Listing updated:
Listing courtesy of:
Jertheus Butts 312-266-7000,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12598133
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: Off Site, Detached, Yes, Garage
- Garage spaces: 2
Details
- Parcel number: 16023260290000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $46,870
- Annual tax amount: $1,617
- Date on market: 3/21/2026
- Ownership: Fee Simple
Estimated market value
$471,700
$448,000 - $495,000
$2,079/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Price change | $474,999-5% |
Source: | ||
| 3/21/2026 | Listed for sale | $499,999 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $992 +2.9% | $4,687 |
| 2022 | $964 +2.3% | $4,687 |
| 2021 | $943 +15.3% | $4,687 +27.7% |
| 2020 | $818 +10.9% | $3,671 |
| 2019 | $738 +1.7% | $3,671 |
| 2018 | $725 +2.7% | $3,671 +11.9% |
| 2017 | $706 +7.5% | $3,281 |
| 2016 | $657 +9.3% | $3,281 |
| 2015 | $601 -1.2% | $3,281 |
| 2014 | $609 +2% | $3,281 |
| 2013 | $597 +1.4% | $3,281 |
| 2012 | $589 -17% | $3,281 -25% |
| 2011 | $709 -0.4% | $4,375 |
| 2010 | $712 +4.4% | $4,375 |
| 2009 | $682 +70.2% | $4,375 +56.6% |
| 2008 | $401 +1% | $2,794 |
| 2007 | $397 -1.1% | $2,794 |
| 2006 | $401 +22.7% | $2,794 +39.7% |
| 2005 | $327 +1% | $2,000 |
| 2004 | $323 +2.2% | $2,000 |
| 2003 | $317 -11.9% | $2,000 |
| 2002 | $359 +3.8% | $2,000 |
| 2001 | $346 +125.4% | $2,000 |
| 2000 | $154 +0% | $2,000 +150% |
| 1999 | $154 | $800 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,126/mo
Principal & interest
$2338
Property taxes
$788
More affordability tools
Climate risks
Neighborhood: Humboldt Park
Nearby schools
GreatSchools rating
- 3/10Ward L Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Orr Academy High SchoolGrades: 9-12Distance: 0.2 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Chicago
- 60651
- Humboldt Park
- 830 N Springfield Ave




