1453 S Springfield Avenue Chicago, IL $ 580,000
1453 S Springfield Avenue
$ 580,000
Share Save

1453 S Springfield Avenue

Chicago, IL, 60623
$ 580,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,855

1453 S Springfield Avenue, Chicago, IL 60623 - Image 1
1453 S Springfield Avenue, Chicago, IL 60623 - Image 2
1453 S Springfield Avenue, Chicago, IL 60623 - Image 3
1453 S Springfield Avenue, Chicago, IL 60623 - Image 4
1453 S Springfield Avenue, Chicago, IL 60623 - Image 5
1453 S Springfield Avenue, Chicago, IL 60623 - Image 6
1453 S Springfield Avenue, Chicago, IL 60623 - Image 7
1453 S Springfield Avenue, Chicago, IL 60623 - Image 8
1453 S Springfield Avenue, Chicago, IL 60623 - Image 9
1453 S Springfield Avenue, Chicago, IL 60623 - Image 10
1453 S Springfield Avenue, Chicago, IL 60623 - Image 11

Multi-Family Home for sale in Chicago, IL

for $580,000 with 5 bedrooms. This home was built in 1910 on a lot size of 0.14348.

Front entrance 6 unit residential rental building located in HOT North Lawndale. Located just east of Pulaski Rd (CTA #53 bus), between Roosevelt Rd (CTA# 12 bus) and 16th St. 5 min west from Douglas Park - the home of the world renowned Riot Fest. This is also approximately 6 miles from the center of downtown Chicago, and only 7 short blocks to the light rail Pink Line stop at 20th and Pulaski. Great unit mix with three 3 bed/1 bath units, and three 2 bed/1 bath units. 5 of 6 units currently rented and the 6th should be rented shortly after the reno/cleanup is completed. Each unit has it's own gas forced air furnace. 2 large water tanks provide hot water for the building. Tenants pay their own gas and electric. There are also 2 deconstructed units in the basement which can be brought back to life with a complete renovation. There are 2 entrance/exits which can be used to access this area. Large parking pad in the rear of the building could provide extra income.

See more

Multi-Family Active

Price

$ 580,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,953

Style

Lot Size

0.14348

Year Built

1910

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11999154

Features
General
Zoning MULTI
Construction Materials Brick
Year Built 1910
Tenant Pays Electricity Heat
Stories 3
Tax Year 2022
Gross Income 82560
County Cook
Net Operating Income 47311
Operating Expense 26993
Insurance Expense 3500
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Roosevelt Rd E or W to Springfield Ave. S on Springfield to 1453
City Chicago
Total Units 6
MLS Area CHI - North Lawndale
Lot Size Square Feet 6250
Street Name Springfield
Tax Annual Amount 4953
Electric Expense 1200
Fuel Expense 2280
Trash Expense 1500
Water Sewer Expense 4560
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
See more
Interior
Total Fireplaces 0
Street Suffix Avenue
See more
Exterior
Lot Dimensions 50X125
See more
* Excluded Features
List By
Pearson Realty Group

Broker

david@pearsonrealtygroup.com

Email

Affordability Calculator

$4,268
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,855
Monthly Property Taxes
$413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$580,000 Listed Price

Map


See all

1453 S Springfield Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $580,000 with a lot size of 0.14348. 1453 S Springfield Avenue has 5 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 60623 which is in Chicago, IL