1620 N Spaulding Ave Chicago, IL 60647
Humboldt Park NeighborhoodEstimated payment $6,366/month
Highlights
- American Four Square Architecture
- Paved or Partially Paved Lot
- 5-minute walk to Simons (Almira) Park
- Forced Air Heating System
About This Home
Fantastic arm chair investment with room for rent increases located in Hot Humboldt Park! LEGAL four unit recently fully rehabbed building including: Kitchens, Baths, HVAC, Electric, Plumbing, Porches, Siding, Roof, the list goes on. All units are 2 bed/1bath featuring stainless steel appliances, quartz countertops, hardwood floors, & great ceiling height. All separate utilities and have separate furnaces, AC condensers and water heaters. Coin laundry in basement. 177 ft deep lot fully fenced lot with shared yard/patio for the tenants to enjoy. Parking pad in rear. All units have the same modern finishes. Opportunity to owner occupy if desired. Nearby all Humboldt has to offer including access to the 606 two blocks away, parks, CTA, award winning restaurants and bars, highway access and much more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,337
Year Built
- Built in 1891 | Remodeled in 2014
Lot Details
- Lot Dimensions are 25x177
- Paved or Partially Paved Lot
Home Design
- American Four Square Architecture
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
Schools
- Stowe Elementary School
- Clemente Community Academy Senio High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $3,965
- Water Sewer Expense $1,500
- Gross Income $81,600
- Net Operating Income $66,799
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,137 | $46,335 | $15,718 | $30,617 |
| 2024 | $6,137 | $46,335 | $15,718 | $30,617 |
| 2023 | $5,965 | $29,000 | $12,744 | $16,256 |
| 2022 | $5,965 | $29,000 | $12,744 | $16,256 |
| 2021 | $5,832 | $29,000 | $12,744 | $16,256 |
| 2020 | $6,492 | $29,141 | $6,159 | $22,982 |
| 2019 | $6,730 | $33,496 | $6,159 | $27,337 |
| 2018 | $7,110 | $35,996 | $6,159 | $29,837 |
| 2017 | $6,310 | $29,311 | $5,522 | $23,789 |
| 2016 | $5,871 | $29,311 | $5,522 | $23,789 |
| 2015 | $5,371 | $29,311 | $5,522 | $23,789 |
| 2014 | $4,876 | $26,278 | $5,097 | $21,181 |
| 2013 | $4,779 | $26,278 | $5,097 | $21,181 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2026 01/29/26 | For Sale | $1,075,000 | +48.3% | -- | |
| 10/26/2021 10/26/21 | Sold | $725,000 | +3.6% | -- | View Prior Sale |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- | |
| 08/20/2021 08/20/21 | For Sale | $700,000 | +62.8% | -- | |
| 06/07/2014 06/07/14 | Sold | $430,000 | 0.0% | -- | View Prior Sale |
| 04/14/2014 04/14/14 | Pending | -- | -- | -- | |
| 04/01/2014 04/01/14 | For Sale | $430,000 | +273.9% | -- | |
| 09/27/2013 09/27/13 | Sold | $115,000 | -8.0% | -- | View Prior Sale |
| 09/04/2013 09/04/13 | Pending | -- | -- | -- | |
| 08/28/2013 08/28/13 | For Sale | $125,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12554357
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