NOT LISTED FOR SALE

1607 S Spaulding Ave Chicago, IL 60623

North Lawndale Neighborhood
9 Beds
6 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 14, 2024

Last sale price $465,000

3 Days on Market

About This Home

As of March 2024

Welcome to this rare chance to acquire a modern 3-unit building constructed in 2007 with great rental adding value opportunity. Each unit has 3 bedrooms, 2 full bathrooms, & the convenience of in-unit washer/dryers. This property presents a golden opportunity to enhance its value, allowing you to maximize rents up to an impressive $1,750 per month. Don't let this outstanding investment opportunity slip through your fingers. Act now & unlock the full potential of this property!

Last Agent to Sell the Property

Luminita Ispas

Century 21 S.G.R., Inc. License #475113981 Listed on: 02/06/2024

Century 21 S.G.R., Inc.

Co-Listed By

Valentin Tudor

Century 21 S.G.R., Inc. License #475190207

Last Buyer's Agent

Catalina Stoia

American International Realty License #475120222

American International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 2007

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Farragut Career Academy Senior H High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $227
  • Insurance Expense $2,116
  • Water Sewer Expense $1,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,522

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 459900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1733

Schools

  • High School: Farragut Career Academy Senior H
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 2116
  • ElectricExpense: 227
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3522.32
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $465,000 +1.1% --
02/10/2024 02/10/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $459,900 +723.5% --
06/12/2012 06/12/12 Sold $55,850 +24.4% -- View Prior Sale
02/23/2012 02/23/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $44,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Luminita Ispas

    Seller's Agent in 2024

    Luminita Ispas

    Century 21 S.G.R., Inc.

    (773) 392-2906

    2 in this area

    153 Total Sales

    Luminita Ispas
    Section Image

  • V

    Seller Co-Listing Agent in 2024

    Valentin Tudor

    Century 21 S.G.R., Inc.

    1 in this area

    62 Total Sales

    Valentin Tudor
    Section Image
  • Catalina Stoia

    Buyer's Agent in 2024

    Catalina Stoia

    American International Realty

    (847) 322-2679

    2 in this area

    55 Total Sales

    Catalina Stoia
    Section Image
  • Adam Wavrunek

    Seller's Agent in 2012

    Adam Wavrunek

    Domain Realty

    (773) 235-9142

    1 in this area

    65 Total Sales

    Adam Wavrunek
    Section Image
  • Sarah Vargas

    Buyer's Agent in 2012

    Sarah Vargas

    Domain Realty

    (773) 770-8008

    50 Total Sales

    Sarah Vargas
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11974582

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60623 North Lawndale

1607 S Spaulding Ave, Chicago, IL

This home is located at 1607 S Spaulding Ave, Chicago, IL 60623 since 06 February 2024. This property was built in 2007. 1607 S Spaulding Ave is a home located in Cook County with nearby schools including Johnson Elementary School, Legacy Elementary Charter School, and North Lawndale College Prep.

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