NOT LISTED FOR SALE

1059 N Springfield Ave Chicago, IL 60651

Humboldt Park Neighborhood
6 Beds
3 Baths
5,223 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: August 29, 2023

Last sale price $312,500 $60 Per Sq Ft

43 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to Harding (Frederick) Park

About This Home

As of August 2023

Located in the heart of Humbolt Park on a deep corner lot, this is a rare all brick TRUE three unit with a full basement that offers a buyer with vision tons of upside at this price basis. The building has very spacious units with formal dining rooms in all three units, three bedrooms in all three units, hardwood floors in all the units, enclosed rear porches and much more! The building is being sold as-is with updates needed, the potential here offers tremendous equity upside and can be a great passive investment building. The location is hard to overlook being in the heart of Humbolt Park, close to Grand Ave, public transportation and much more!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 03/25/2023

RE/MAX Premier

Last Buyer's Agent

Francisco Diaz

Diaz Homes Realty License #471011725

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1914

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1914

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4825.99
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,3 Story Unit/s

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Jul 18, 2023
Sold by
Bought by
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Francisco Diaz
Diaz Homes Realty
List Price
$324,900
Sold Price
$312,500
Premium/Discount to List
-$12,400
-3.82%
Views
153

Purchase Details

Closed on
Dec 20, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
0.0819%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$312,500 Proper Title
-- None Listed On Document
$70,000 Ticor Title Insurance
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $63,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $312,500 -0.8% $60 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $314,900 -3.1% $60 / Sq Ft
03/25/2023 03/25/23 For Sale $324,900 -- $62 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,079 $38,201 $5,693 $32,508
2024 $5,079 $38,201 $5,693 $32,508
2023 $4,936 $24,001 $4,616 $19,385
2022 $4,936 $24,001 $4,616 $19,385
2021 $4,826 $23,999 $4,615 $19,384
2020 $4,962 $22,272 $3,615 $18,657
2019 $5,143 $25,600 $3,615 $21,985
2018 $5,057 $25,600 $3,615 $21,985
2017 $4,858 $22,566 $3,230 $19,336
2016 $4,520 $22,566 $3,230 $19,336
2015 $4,135 $22,566 $3,230 $19,336
2014 $4,459 $24,034 $3,077 $20,957
2013 $4,371 $24,034 $3,077 $20,957
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2023

    Ryan Smith

    RE/MAX Premier

    (312) 810-9680

    4 in this area

    764 Total Sales

    Ryan Smith
    Section Image

  • F

    Buyer's Agent in 2023

    Francisco Diaz

    Diaz Homes Realty

    (773) 593-7203

    11 in this area

    110 Total Sales

    Francisco Diaz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11745293

Midwest Real Estate Data (MRED)

APN: 16023110010000

Illinois Cook County Chicago 60651 Humboldt Park

1059 N Springfield Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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