2122 N Springfield Ave Chicago, IL 60647
Logan Square NeighborhoodEstimated payment $8,924/month
Highlights
- Corner Lot
- Forced Air Heating and Cooling System
- 2-minute walk to Mozart Park
About This Home
Turn-key Logan Square investment opportunity. Rare chance to acquire a fully gut-rehabbed five-flat on an oversized lot, tucked away on a quiet residential block just steps from Mozart Park and a quick three-minute bike ride to the 606 Trail. The building underwent a comprehensive gut renovation in 2019, including new gutters and downspouts, windows, rear steel porch, wrought iron fencing, all new underground plumbing and water service, new water heaters, and new electrical service and wiring throughout. Each unit features its own individually controlled HVAC system with central heat and air. Interior finishes include hardwood floors, exposed brick, excellent natural light, and in-unit washer and dryers. Updated kitchens offer quartz countertops, 42-inch cabinetry, tile backsplash, and stainless steel appliance packages with dishwasher and micro-hoods. The basement includes a dedicated bike storage room plus additional storage. The property also offers a fully fenced yard and five rear parking spaces. A true hands-off asset in one of Chicago's strongest rental neighborhoods. Broker Owned.
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 751-0300 License #475174045 Listed on: 03/27/2026
Co-Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 751-0300 License #475181347
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,787
Year Built
- Built in 1930
Lot Details
- 5,375 Sq Ft Lot
- Lot Dimensions are 43x125
- Corner Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 5,200 Sq Ft Home
- 2-Story Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $100
- Fuel Expense $75
- Insurance Expense $4,200
- Maintenance Expense $3,045
- Manager Expense $6,093
- Water Sewer Expense $2,472
- Operating Expense $29,943
- Gross Income $121,860
- Net Operating Income $82,263
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 | $11,314 | $118,001 | $19,888 | $98,113 |
| 2024 | $11,314 | $118,001 | $19,888 | $98,113 |
| 2023 | $11,028 | $53,433 | $16,125 | $37,308 |
| 2022 | $11,028 | $53,433 | $16,125 | $37,308 |
| 2021 | $10,780 | $53,433 | $16,125 | $37,308 |
| 2020 | $2,446 | $10,939 | $7,793 | $3,146 |
| 2019 | $2,535 | $12,574 | $7,793 | $4,781 |
| 2018 | $1,685 | $10,413 | $7,793 | $2,620 |
| 2017 | $7,151 | $36,593 | $6,987 | $29,606 |
| 2016 | $6,829 | $36,593 | $6,987 | $29,606 |
| 2015 | $6,225 | $36,593 | $6,987 | $29,606 |
| 2014 | $7,224 | $38,936 | $6,450 | $32,486 |
| 2013 | $7,082 | $38,936 | $6,450 | $32,486 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $1,299,000 | +8.3% | $250 / Sq Ft | |
| 11/29/2022 11/29/22 | Sold | $1,200,000 | -7.3% | $231 / Sq Ft | View Prior Sale |
| 10/28/2022 10/28/22 | Pending | -- | -- | -- | |
| 10/12/2022 10/12/22 | For Sale | $1,295,000 | -- | $249 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12603443
APN: 13351160230000
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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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Ask me questions while you tour the home.