Seller's Agent in 2025
Sebastian Hila
Optimus Realty Inc
(773) 501-6845
2 in this area
45 Total Sales
1338 S Springfield Ave Chicago, IL 60623
North Lawndale Neighborhood
--
Bed
6
Baths
6,163
Sq Ft
1908
Built
About This Home
As of July 2025Turnkey 6 unit building, the apartments boast hardwood flooring, gas-forced air heat and individually metered utilities, offering both comfort to tenants and efficiency to owners. The unit mix-three 3-bedroom/1-bath units and three 2-bedroom/1-bath units-caters to a wide range of renters and supports strong rent performance. Adding to the appeal is a seasoned property manager already in place and available to continue with the new owner. This offers a seamless handoff and immediate management continuity. Whether you're looking to expand your portfolio or lock in a high-performing asset, this property delivers on every front: location, returns, quality, and ease of ownership. Schedule your viewing today and capitalize on this rare opportunity to own a fully rehabbed, income-producing 6-unit in a proven rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,445
Year Built
- Built in 1908
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Lot Dimensions are 30x125
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $420
- Insurance Expense $3,500
- Maintenance Expense $10,800
- Trash Expense $1,512
- Water Sewer Expense $6,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $650,000 | +23.8% | $105 / Sq Ft | |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- | |
| 05/11/2025 05/11/25 | For Sale | $525,000 | +2.9% | $85 / Sq Ft | |
| 09/19/2023 09/19/23 | Sold | $510,000 | -19.0% | $83 / Sq Ft | View Prior Sale |
| 08/17/2023 08/17/23 | Pending | -- | -- | -- | |
| 05/22/2023 05/22/23 | For Sale | $630,000 | -- | $102 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| 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 | $4,446 | $47,300 | $6,796 | $40,504 |
| 2024 | $4,446 | $47,300 | $6,796 | $40,504 |
| 2023 | $4,334 | $21,000 | $5,507 | $15,493 |
| 2022 | $4,334 | $21,000 | $5,507 | $15,493 |
| 2021 | $4,237 | $20,999 | $5,507 | $15,492 |
| 2020 | $4,083 | $18,268 | $5,507 | $12,761 |
| 2019 | $4,233 | $20,998 | $5,507 | $15,491 |
| 2018 | $4,161 | $20,998 | $5,507 | $15,491 |
| 2017 | $1,376 | $6,370 | $4,921 | $1,449 |
| 2016 | $1,276 | $6,370 | $4,921 | $1,449 |
| 2015 | $3,557 | $19,413 | $4,921 | $14,492 |
| 2014 | $4,282 | $23,079 | $4,687 | $18,392 |
| 2013 | $4,198 | $23,079 | $4,687 | $18,392 |
Source: Public Records
Agents Affiliated with this Home
-
Sebastian Hila
-
Cristian Luput
C
Seller Co-Listing Agent in 2025
Cristian Luput
Optimus Realty Inc
(312) 806-7365
2 in this area
5 Total Sales
-
Tian Xin
T
Buyer's Agent in 2025
Tian Xin
Weichert,Realtors-FirstChicago
(972) 522-8880
8 in this area
23 Total Sales
-
Sam Shah
Seller's Agent in 2023
Sam Shah
YBRS Realty Inc.
(847) 477-1477
17 in this area
123 Total Sales
-
Laura McNellis
Buyer's Agent in 2023
Laura McNellis
McSully Properties LLC
(708) 227-2418
6 in this area
187 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12362273
APN: 16231080290000
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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