NOT LISTED FOR SALE

2819 N Springfield Ave Chicago, IL 60618

Avondale Neighborhood
7 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: December 1, 2021

Last sale price $749,649

5 Days on Market

Highlights

  • Waterfront
  • Heating Available
  • 2-minute walk to Kosciuszko (Thadeuz) Park
  • A-Frame Home

About This Home

As of December 2021

THIS RENOVATED LEGAL 3 FLAT IS AN INVESTOR CASH COW OR PERFECT FOR AN OWNER TO OCCUPY AND LIVE FOR FREE! 2819 N. Springfield is in the red-hot Avondale neighborhood. Nestled away on the city's Northwest Side, it is home to a mix of old-school establishments - many that have been around for decades - and modern eateries. A Michelin-starred experience (Parachute, Wherewithall, La Nonna), epic burgers (Kuma's Corner, The Avondale Tap), breweries (Revolution Brewery & Metropolitan Brewing), coffee shops (Brew Brew Coffee & Tea, Dark Matter & The Avondale Coffee Club) and spacious outdoor patios are all prime for exploring. Fully renovated in 2019, the building features a great unit mix with a large duplex-up owner's unit, beautiful finishes, modern open layout floor plans, spacious size bedrooms, and large windows for lots of natural light throughout the apartments. The property has cutting edge tenant friendly technology featuring smart lock operated locks for easy access and management. The building is a short walk to Kosciuszko (Thadeuz) and Unity Park and just west of I90/94. You can walk to the Belmont and/or Logan Square Blue Line and go Downtown in 15 minutes. You are a 10-minute drive from the Irving Park Metra stop. 77 bus on Belmont takes you all the way to the beach and the 152 bus will drop you off on Wrigley Field's doorstep (both in about 25 mins). This is a rare opportunity to acquire an asset in an area of Chicago that has seen tremendous growth and development. Whether you are looking to house hack or have a true armchair investment to manage for years to come...THIS ONE WILL NOT LAST!!

Last Agent to Sell the Property

Harrison Cohen

Triton Realty Group LLC License #475177887 Listed on: 09/26/2021

Co-Listed By

James Thompson

Triton Realty Group LLC License #475191053

Last Buyer's Agent

Adam Zagata

Real Broker LLC License #475164308

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,312

Year Built

  • Built in 1907 | Remodeled in 2019

Lot Details

  • 3,485

Home Design

  • A-Frame Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Waterfront

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $429
  • Insurance Expense $1,992
  • Maintenance Expense $2,930
  • Professional Management Expense $500
  • Trash Expense $775
  • Water Sewer Expense $780
  • Gross Income $64,254
  • Net Operating Income $47,834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,312

Year Built

Built in 1907 | Remodeled in 2019

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Professional Management Expense: 500
  • Year Built: 1907
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Walk-In Closet

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 775
  • Water Sewer Expenses: 780

Lot Info

  • Lot Dimensions: LESS THAN .25 ACRE
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 47834
  • Insurance Expense: 1992
  • ElectricExpense: 429
  • GrossIncome: 64254
  • Maintenance Expense: 2930
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8312.39
  • Tax Year: 2020
  • Tax Exemptions: None
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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
12/01/2021 12/01/21 Sold $749,649 -3.3% --
10/02/2021 10/02/21 Pending -- -- --
09/26/2021 09/26/21 For Sale $775,000 -- --
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 $9,746 $67,001 $16,835 $50,166
2024 $9,746 $67,001 $16,835 $50,166
2023 $9,500 $46,000 $13,545 $32,455
2022 $9,500 $46,000 $13,545 $32,455
2021 $9,287 $46,003 $13,548 $32,455
2020 $8,312 $37,158 $6,192 $30,966
2019 $8,617 $42,711 $6,192 $36,519
2018 $8,442 $42,711 $6,192 $36,519
2017 $8,197 $38,059 $5,418 $32,641
2016 $7,627 $38,059 $5,418 $32,641
2015 $6,978 $38,059 $5,418 $32,641
2014 $6,347 $34,182 $4,644 $29,538
2013 $6,221 $34,182 $4,644 $29,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11229987

Midwest Real Estate Data (MRED)
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