NOT LISTED FOR SALE

5015 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood
6 Beds
3 Baths
-- Sq Ft
1925 Built

Last Sold June 06, 2022

Last sale price $577,000

70 Days on Market

Highlights

  • Den
  • 2 Car Detached Garage
  • Soaking Tub

About This Home

As of June 2022

(See Additional Information Section for operating statements) We are pleased to present this multi-family real estate opportunity in the Albany Park neighborhood of Chicago. The subject property is located 8.2 miles north of Chicago's downtown loop area, 1.3 miles east of the Edens Expressway, 0.9 miles northwest of the CTA's Kimball Brown Line train station, 0.2 miles east of the CTA's Pulaski & Argyle bus 53 stop, and 1.0 miles away from North Park University. - The unit mix for the subject property consists of three two-bedroom one-bathroom units that measure 983 square feet respectively, with the potential opportunity to build out the unfinished basement and collect additional rental income. - The neighborhood boasts an unmatched array of multicultural restaurants, including local favorite Noon-O-Kabab and the celebrated falafel of Semiramis. Along the Lawrence Avenue corridor, you will discover independently-owned grocery stores, delicious Korean cuisine and a collection of highly regarded Middle Eastern and Mexican restaurants. - An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to cash flow the property immediately.

Last Agent to Sell the Property

Rocco Zaccaro

Coldwell Banker Realty License #475179214 Listed on: 01/24/2022

Coldwell Banker Realty

Last Buyer's Agent

Kelley Latting

Baird & Warner License #475190236

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,276

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Lot Details

  • Lot Dimensions are 30x125

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,276

Year Built

Built in 1925

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Den
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Oven/Built-in

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7275.86
  • Tax Year: 2020

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat
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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
06/06/2022 06/06/22 Sold $577,000 +2.1% --
04/05/2022 04/05/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $565,000 -2.6% --
02/18/2022 02/18/22 For Sale -- -- --
02/12/2022 02/12/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $580,000 -- --
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 $10,099 $59,000 $13,020 $45,980
2024 $10,099 $59,000 $13,020 $45,980
2023 $9,845 $47,694 $10,416 $37,278
2022 $9,845 $47,694 $10,416 $37,278
2021 $9,622 $47,694 $10,416 $37,278
2020 $7,276 $32,548 $5,394 $27,154
2019 $7,954 $39,460 $5,394 $34,066
2018 $7,820 $39,460 $5,394 $34,066
2017 $7,757 $35,914 $4,836 $31,078
2016 $7,217 $35,914 $4,836 $31,078
2015 $6,604 $35,914 $4,836 $31,078
2014 $6,896 $37,033 $4,464 $32,569
2013 $6,975 $38,210 $4,464 $33,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11310422

Midwest Real Estate Data (MRED)
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