NOT LISTED FOR SALE

1849 S Springfield Ave Chicago, IL 60623

North Lawndale Neighborhood
3 Beds
1 Bath
3,375 Sq Ft
1900 Built

Last Sold January 24, 2020

Last sale price $260,000 $77 Per Sq Ft

104 Days on Market

Highlights

  • Property is near park
  • 4-minute walk to Pulaski Station (Pink Line)
  • Enclosed Patio or Porch
  • Fenced Yard
  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more

About This Home

As of January 2020

Nice rehabbed 3 unit building w/extra large lot located in the Hot North Lawndale neighborhood. (Opportunity zone). This building features large units with tall ceilings, separate dining rooms, flooring, fence, tuckpointing, gutters, in unit laundry in owners unit, no differed maintenance. There's also a huge attic with possibility of adding an additional unit, massive brick 3.5 car garage. This is great opportunity to live in one unit and pay your mortgage with a nice cashflow or rent all 3 and collect a great monthly passive income @ 11% cap rate when pro forma. The lower units are available one unit has a great long term tenant in place. Just blocks away from the pink line, Ogden corridor, with retail center. Minutes away from the Eisenhower (290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard and planned major developments. NO FHA!

Last Agent to Sell the Property

Cecilia Frakes-Mayberry

Coldwell Banker Realty License #475174278 Listed on: 08/20/2019

Coldwell Banker Realty

Last Buyer's Agent

Brandice Hampton

Baird & Warner License #475166488

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1900

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Bathroom

Basement

  • Partial Basement
  • Crawl Space

Lot Details

  • Lot Dimensions are 31x130
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Enclosed Patio or Porch
  • Property is near park

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,551

Year Built

Built in 1900

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Enclosed Porch
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Heated,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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 31X130
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4551
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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

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
01/24/2020 01/24/20 Sold $260,000 -7.1% $77 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/26/2019 11/26/19 Price Changed $279,900 -2.8% $83 / Sq Ft
10/10/2019 10/10/19 Price Changed $287,900 -3.7% $85 / Sq Ft
09/28/2019 09/28/19 For Sale $299,000 0.0% $89 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $299,000 +70.9% $89 / Sq Ft
02/27/2019 02/27/19 Sold $175,000 -12.5% $52 / Sq Ft View Prior Sale
12/06/2018 12/06/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $200,000 0.0% $59 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $200,000 -- $59 / Sq Ft
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 $2,582 $29,000 $5,845 $23,155
2024 $2,582 $29,000 $5,845 $23,155
2023 $2,517 $12,195 $4,736 $7,459
2022 $2,517 $12,195 $4,736 $7,459
2021 $3,631 $17,999 $4,736 $13,263
2020 $2,937 $13,139 $4,736 $8,403
2019 $3,044 $15,103 $4,736 $10,367
2018 $2,993 $15,103 $4,736 $10,367
2017 $4,551 $21,067 $4,232 $16,835
2016 $4,219 $21,067 $4,232 $16,835
2015 $3,860 $21,067 $4,232 $16,835
2014 $3,403 $18,341 $4,031 $14,310
2013 $3,336 $18,341 $4,031 $14,310
Source: Public Records

Agents Affiliated with this Home

  • Cecilia Frakes-Mayberry

    Seller's Agent in 2020

    Cecilia Frakes-Mayberry

    Coldwell Banker Realty

    (847) 650-4326

    18 Total Sales

    Cecilia Frakes-Mayberry
    Section Image
  • Brandice Hampton

    Buyer's Agent in 2020

    Brandice Hampton

    Baird & Warner

    (630) 538-7928

    3 in this area

    135 Total Sales

    Brandice Hampton
    Section Image
  • Angela Mitchell

    Seller's Agent in 2019

    Angela Mitchell

    The Property Executives Group

    5 Total Sales

    Angela Mitchell
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10491665

Midwest Real Estate Data (MRED)

APN: 16233100150000

Illinois Cook County Chicago 60623 North Lawndale

1849 S 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.