NOT LISTED FOR SALE

1645 N Springfield Ave Chicago, IL 60647

Humboldt Park Neighborhood
7 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $345,000

5 Days on Market

Highlights

  • Workshop
  • Garage ceiling height seven feet or more
  • Entrance Foyer
  • 2 Car Detached Garage
  • Brick Porch or Patio
  • 1-minute walk to Beilfuss (Albert W.) Park

About This Home

As of October 2016

Extremely well maintained 3 flat on quiet, treelined street in Humboldt Park. A short walk to the 606 trail and HP. Windows replaced 12-14 years, roof replaced 12 years, 1 water heater 2 years, 1 furnace replaced 2-3 years, newer garage, gorgeous brick paver patio, newer siding, sprinkler system, 1st and 2nd floor kitchens rehabbed in past 12 years. All units have forced heat, 2 have central air. Potential cap rate at 9% at list price. All three units on separate meters. Attic offers room for expansion to a 4th unit or converting 2nd floor unit into a duplex for added income. Attic already has electric wiring. Extra bathroom and bonus office in basement to expand garden unit. Tons of storage! Does not compare to anything in the area. Truly well maintained and much loved home. Live in and invest or armchair investment. Units 2 and 3 currently vacant. Garden unit on MTM lease. Easy to show. Neither seller nor listing agent give any claim to the legality of the garden unit. As-is sale

Last Agent to Sell the Property

Laurie Jacobs

Thomas P. Jacobs Realty Group Inc. License #471020557 Listed on: 08/28/2016

Last Buyer's Agent

Damian Albert

Albert Realty Advisors, LLC License #471020099

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1903

Lot Details

  • 2,614 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Workshop
  • Storm Screens

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $43,200
  • Net Operating Income $33,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,796

Year Built

Built in 1903

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Humidifier, TV-Cable, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Foyer, Workshop
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Fireplace-Artificial,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 10000

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 125 BY 24
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 33200
  • GrossIncome: 43200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3795.53
  • Tax Year: 2015
  • Tax Exemptions: Homeowner
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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
10/28/2016 10/28/16 Sold $345,000 -5.5% --
09/02/2016 09/02/16 Pending -- -- --
08/28/2016 08/28/16 For Sale $365,000 -- --
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 $4,157 $35,977 $11,100 $24,877
2024 $4,157 $35,977 $11,100 $24,877
2023 $4,018 $22,958 $9,000 $13,958
2022 $4,018 $22,958 $9,000 $13,958
2021 $3,947 $22,957 $9,000 $13,957
2020 $4,648 $23,965 $4,350 $19,615
2019 $4,845 $27,546 $4,350 $23,196
2018 $5,339 $30,464 $4,350 $26,114
2017 $4,297 $23,336 $3,900 $19,436
2016 $4,174 $23,336 $3,900 $19,436
2015 $3,796 $23,336 $3,900 $19,436
2014 $3,269 $20,186 $3,600 $16,586
2013 $3,193 $20,186 $3,600 $16,586
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laurie Jacobs

    Thomas P. Jacobs Realty Group Inc.

    (312) 561-8954

    29 Total Sales

    Laurie Jacobs
    Section Image
  • Damian Albert

    Buyer's Agent in 2016

    Damian Albert

    Albert Realty Advisors, LLC

    (312) 342-8422

    1 in this area

    21 Total Sales

    Damian Albert
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09327502

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60647 Humboldt Park

1645 N Springfield Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) 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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