NOT LISTED FOR SALE

2848 N Springfield Ave Chicago, IL 60618

Avondale Neighborhood
7 Beds
3 Baths
1,832 Sq Ft
1928 Built

Sale Details

Date Sold: December 18, 2023

Last sale price $450,000 $246 Per Sq Ft

27 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Senior Tax Exemptions

About This Home

As of December 2023

Welcome to this spacious legal 2-unit property located in the charming Avondale neighborhood. This well-maintained residence offers a versatile living arrangement perfect for both homeowners and investors. The first floor offers 2 bedrooms, 1 bath, a cozy living room, dining area, and well-equipped kitchen. The basement can be used as its own unit with 3 bedrooms, 1 bath, a living room, and kitchen. On the second floor, you'll find 2 bedrooms, 1 bath, a comfortable living room, and a large kitchen with an eating area. Each unit includes stoves and refrigerators. Included for your convenience are a washer and dryer, ensuring that laundry day is hassle-free. Whether you're looking to invest or seeking a property with additional rental potential, this two-flat offers versatility and value in a thriving neighborhood. Property is owner-occupied and will be left completely vacant at closing allowing the new owner the flexibility to bring in their own tenants or family to occupy all three levels of living space. Don't miss the chance to own this fantastic property.

Last Agent to Sell the Property

Joe Castillo

RE/MAX Mi Casa License #471000216 Listed on: 10/06/2023

RE/MAX Mi Casa

Last Buyer's Agent

Neil Browne

Core Realty & Investments Inc. License #475197485

Core Realty & Investments Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 1928

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 31 x 128

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,730

Year Built

Built in 1928

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 31 X 128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3729.92
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 19, 2023
Sold by
Bought by
Seller's Agent
Joe Castillo
RE/MAX Mi Casa
Buyer's Agent
Neil Browne
Core Realty & Investments Inc.
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
0.0744%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0514%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Lakeshore Title
-- Commercial Land Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $382,500
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $450,000 -10.0% $246 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $499,900 -- $273 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,891 $54,000 $17,126 $36,874
2024 $6,891 $54,000 $17,126 $36,874
2023 $3,919 $38,495 $13,780 $24,715
2022 $3,919 $52,001 $13,780 $38,221
2021 $3,730 $52,003 $13,783 $38,220
2020 $4,640 $26,327 $6,299 $20,028
2019 $3,839 $30,262 $6,299 $23,963
2018 $3,767 $30,262 $6,299 $23,963
2017 $4,033 $26,213 $5,511 $20,702
2016 $4,753 $26,213 $5,511 $20,702
2015 $4,325 $26,213 $5,511 $20,702
2014 $3,887 $23,502 $4,724 $18,778
2013 $4,116 $25,242 $4,724 $20,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11902910

Midwest Real Estate Data (MRED)

APN: 13261240310000

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