Seller's Agent in 2025
Michael Sato
Jameson Sotheby's Intl Realty
(773) 907-9180
1 in this area
2 Total Sales
2543 N Springfield Ave Chicago, IL 60647
Logan Square Neighborhood
2
Beds
1
Bath
1,000
Sq Ft
1910
Built
About This Home
As of June 2025Prime Logan Square 6-Unit with a 7th non conforming apartment - A Fantastic Investment Opportunity! Located on an oversized 55' x 124.8' lot with a large side lot, this all-brick 7-unit building offers updated apartments with modern amenities. Each unit features individual furnaces and hot water heaters, ensuring tenant comfort and efficiency. Apartments are beautifully finished with hardwood floors, stainless steel appliances, and quartz countertops. Unit Breakdown: 1 One-Bedroom Unit, 1 Two-Bedroom lower level Unit, 5 Two-Bedroom Apartments. Room to increase the rents. Additional features include 6 parking spaces, big open basement for storage, and a common laundry area for added convenience. Prime Location: Steps from Kosciuszko Park, featuring a playground, running trails, and a dog park. Easy access to public transportation: CTA Bus, Blue Line (Diversey & Spaulding), and Healy Station (Metra MD-North Line) for a quick commute to Downtown Chicago. Surrounded by essential retailers: Aldi, Walmart Supercenter, Cermak Fresh Market, Carniceria Jimenez, Tony's Fresh Market, Walgreens, and CVS. Don't miss out on this exceptional investment opportunity in a highly sought-after neighborhood! Seller has an assumable loan with a 4.09 interest rate. Agent Owned.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #471005652 Listed on: 02/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,736
Year Built
- Built in 1910
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Reflective Roof
- Concrete Perimeter Foundation
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Lot Dimensions are 55 x 124.8
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $2,019
- Fuel Expense $1,611
- Insurance Expense $5,000
- Maintenance Expense $1,944
- Other Expense $3,218
- Trash Expense $2,400
- Water Sewer Expense $2,530
- Operating Expense $37,258
- Gross Income $129,360
- Net Operating Income $84,243
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $1,220,000 | -5.8% | $1,220 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/17/2025 02/17/25 | For Sale | $1,295,000 | -- | $1,295 / 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 | $16,736 | $89,000 | $29,906 | $59,094 |
| 2024 | $16,736 | $89,000 | $29,906 | $59,094 |
| 2023 | $16,313 | $79,042 | $24,063 | $54,979 |
| 2022 | $16,313 | $79,042 | $24,063 | $54,979 |
| 2021 | $15,947 | $79,041 | $24,062 | $54,979 |
| 2020 | $11,438 | $51,158 | $11,000 | $40,158 |
| 2019 | $11,857 | $58,803 | $11,000 | $47,803 |
| 2018 | $12,413 | $62,842 | $11,000 | $51,842 |
| 2017 | $10,530 | $48,915 | $9,625 | $39,290 |
| 2016 | $11,349 | $56,664 | $9,625 | $47,039 |
| 2015 | $11,800 | $64,396 | $9,625 | $54,771 |
| 2014 | $9,529 | $51,360 | $8,250 | $43,110 |
| 2013 | $5,227 | $51,360 | $8,250 | $43,110 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Sato
-
Matt Ohlsen
Seller Co-Listing Agent in 2025
Matt Ohlsen
Jameson Sotheby's Intl Realty
(708) 309-3985
2 in this area
97 Total Sales
-
Tan Su
Buyer's Agent in 2025
Tan Su
Frog City Realty LLC
(415) 319-3633
1 in this area
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12286098
APN: 13-26-317-040-0000
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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