1338 S Springfield Ave Chicago, IL 60623
North Lawndale Neighborhood
--
Bed
--
Bath
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
Agents Affiliated with this Home
-
Sebastian Hila
Seller's Agent in 2025
Sebastian Hila
Optimus Realty Inc
(773) 501-6845
2 in this area
40 Total Sales
-
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
129 Total Sales
-
Laura McNellis
Buyer's Agent in 2023
Laura McNellis
McSully Properties LLC
(708) 227-2418
6 in this area
172 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12362273
APN: 16231080290000
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