NOT LISTED FOR SALE

550 N Springfield Ave Chicago, IL 60624

Humboldt Park Neighborhood

Estimated Value: $118,000 - $305,000

2 Beds
1 Bath
1,049 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2025

Last sale price $100,000 $95 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,201 / mo

13 Days on Market

Highlights

  • Cottage
  • Formal Dining Room
  • Living Room
  • Den
  • Enclosed Patio or Porch
  • 1-minute walk to Ohio & Harding Park

About This Home

As of April 2025

Great opportunity for the first time buyer in this brick cottage house! Roll up your sleeves and make of this property your dream home!Property subject to 3 Days First Look Period. Upon the expiration of the First Look Period Seller will negotiate offers. Seller will not turn utilities on. Selling in As-Is Condition. Equal Housing "Everyone deserves the American Dream". A Must Buy! The seller is asking for "Highest & Best" by 11:00 AM of Tuesday 03/25.

Last Agent to Sell the Property

Gaspar Flores

Su Familia Real Estate Inc License #471004257 Listed on: 03/18/2025

Co-Listed By

Gaspar Flores Jr.

Su Familia Real Estate Inc License #475128252

Last Buyer's Agent

Francisco Diaz

Diaz Homes Realty License #471011725

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 25 x 124
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Cottage
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,049 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1900

Lot Details

3,136 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1049
  • Room Type: Enclosed Porch, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Roof: Other
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 25 X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 535.74
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

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
Mar 18, 2025
Closed on
Apr 15, 2025
Sold by
Bought by
Seller's Agent
Gaspar Flores
Su Familia Real Estate Inc
Buyer's Agent
Francisco Diaz
Diaz Homes Realty
List Price
$93,000
Sold Price
$100,000
Premium/Discount to List
$7,000
7.53%
Views
107
Current Estimated Value
$213,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,423
Avg. Annual Appreciation
94.45%

Purchase Details

Closed on
Aug 29, 2024
Sold by
Bought by
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
$100,000 None Listed On Document
-- None Listed On Document
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
04/25/2025 04/25/25 Sold $100,000 +7.5% $95 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $93,000 -- $89 / 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 $536 $13,700 $4,531 $9,169
2024 $536 $13,700 $4,531 $9,169
2023 $482 $8,500 $3,672 $4,828
2022 $482 $8,500 $3,672 $4,828
2021 $2 $8,499 $3,671 $4,828
2020 $2 $8,531 $3,671 $4,860
2019 $0 $9,479 $3,671 $5,808
2018 $0 $9,479 $3,671 $5,808
2017 $1 $10,336 $3,281 $7,055
2016 $2 $10,336 $3,281 $7,055
2015 $2 $10,336 $3,281 $7,055
2014 $2 $9,696 $3,125 $6,571
2013 $2 $9,696 $3,125 $6,571
Source: Public Records

Agents Affiliated with this Home

  • Gaspar Flores

    Seller's Agent in 2025

    Gaspar Flores

    Su Familia Real Estate Inc

    (312) 656-6301

    3 in this area

    293 Total Sales

    Gaspar Flores
    Section Image
  • Gaspar Flores Jr.

    Seller Co-Listing Agent in 2025

    Gaspar Flores Jr.

    Su Familia Real Estate Inc

    (773) 593-0823

    2 in this area

    159 Total Sales

    Gaspar Flores Jr.
    Section Image

  • F

    Buyer's Agent in 2025

    Francisco Diaz

    Diaz Homes Realty

    (773) 593-7203

    11 in this area

    111 Total Sales

    Francisco Diaz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12315684

Midwest Real Estate Data (MRED)

APN: 16-11-119-026-0000

Illinois Cook County Chicago 60624 Humboldt Park

550 N Springfield Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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