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
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | 0.0% | $105 / Sq Ft |
| 07/06/2025 07/06/25 | For Rent | $1,600 | 0.0% | -- |
| 06/11/2025 06/11/25 | Off Market | $1,600 | -- | -- |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/11/2025 05/11/25 | For Sale | $525,000 | 0.0% | $85 / Sq Ft |
| 05/08/2025 05/08/25 | For Rent | $1,600 | 0.0% | -- |
| 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
1 in this area
35 Total Sales
-
Cristian Luput
C
Seller Co-Listing Agent in 2025
Cristian Luput
Optimus Realty Inc
(312) 806-7365
1 in this area
2 Total Sales
-
Tian Xin
T
Buyer's Agent in 2025
Tian Xin
Weichert,Realtors-FirstChicago
(972) 522-8880
8 in this area
21 Total Sales
-
Sam Shah
Seller's Agent in 2023
Sam Shah
YBRS Realty Inc.
(847) 477-1477
17 in this area
126 Total Sales
-
Laura McNellis
Buyer's Agent in 2023
Laura McNellis
McSully Properties LLC
(708) 227-2418
6 in this area
165 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12362273
APN: 16231080290000
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1314 S Springfield Ave
- 1238 S Harding Ave
- 1256 S Independence Blvd
- 1224 S Harding Ave
- 1455 S Avers Ave
- 1306 S Komensky Ave
- 1525 S Harding Ave
- 1332 S Lawndale Ave
- 1539 S Harding Ave
- 1233 S Karlov Ave
- 1443 S Karlov Ave
- 1300 S Karlov Ave
- 1242 S Lawndale Ave
- 1436 S Karlov Ave
- 1234 S Karlov Ave
- 1502 S Lawndale Ave
- 3909 W Fillmore St
- 1352 S Kedvale Ave
- 3843 W Fillmore St
- 3852 W Fillmore St