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Off market
  • $425,300

    1849 S Springfield Ave, Chicago, IL 60623

    3beds
    3,375sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $425,300 Zestimate®
    $126/sqft
    $1,759 Estimated rent

    Home value

    $425,300

    $374,000 - $481,000

    $1,759/mo

    Zestimate® history
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    What's special

    Nice rehabbed 3 unit building w/extra large lot located in the Hot North Lawndale neighborhood. (Opportunity zone). This building features large units with tall ceilings, separate dining rooms, flooring, fence, tuckpointing, gutters, in unit laundry in owners unit, no differed maintenance. There's also a huge attic with possibility of adding an additional unit, massive brick 3.5 car garage. This is great opportunity to live in one unit and pay your mortgage with a nice cashflow or rent all 3 and collect a great monthly passive income @ 11% cap rate when pro forma. The lower units are available one unit has a great long term tenant in place. Just blocks away from the pink line, Ogden corridor, with retail center. Minutes away from the Eisenhower (290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard and planned major developments. NO FHA!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Crawl
    Interior area
    • Total interior livable area: 3,375 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 1623310015

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $290,000
    • Annual tax amount: $5,848

    Price history

    DateEventPrice
    1/24/2020Sold$260,000-7.1%$77/sqft
    Source: MRED as distributed by MLS GRID #10491665 Report a problem
    12/2/2019Pending sale$279,900$83/sqft
    Source: @properties #10491665 Report a problem
    11/26/2019Price change$279,900-2.8%$83/sqft
    Source: @properties #10491665 Report a problem
    10/10/2019Price change$287,900-3.7%$85/sqft
    Source: @properties #10491665 Report a problem
    9/28/2019Listed for sale$299,000$89/sqft
    Source: @properties #10491665 Report a problem
    9/6/2019Pending sale$299,000$89/sqft
    Source: @properties #10491665 Report a problem
    8/20/2019Listed for sale$299,000+70.9%$89/sqft
    Source: @properties #10491665 Report a problem
    5/15/2019Listing removed$1,000
    Source: marcello.managebuilding.com Report a problem
    5/13/2019Price change$1,000-13%
    Source: marcello.managebuilding.com Report a problem
    5/11/2019Listed for rent$1,150
    Source: marcello.managebuilding.com Report a problem
    2/27/2019Sold$175,000-12.5%$52/sqft
    Source: MRED as distributed by MLS GRID #10126201 Report a problem
    12/7/2018Pending sale$200,000$59/sqft
    Source: The Property Executives Group #10126201 Report a problem
    11/27/2018Listed for sale$200,000$59/sqft
    Source: The Property Executives Group #10126201 Report a problem
    11/7/2018Pending sale$200,000$59/sqft
    Source: The Property Executives Group #10126201 Report a problem
    10/31/2018Listed for sale$200,000$59/sqft
    Source: The Property Executives Group #10126201 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,848 +126.5%$29,000 +137.8%
    2023$2,582 +2.6%$12,195
    2022$2,517 -30.7%$12,195 -32.2%
    2021$3,631 +23.7%$17,999 +37%
    2020$2,937 -3.5%$13,139 -13%
    2019$3,044 +1.7%$15,103
    2018$2,993 -34.2%$15,103 -28.3%
    2017$4,551 +7.8%$21,067
    2016$4,219 +9.3%$21,067
    2015$3,860 +13.4%$21,067 +14.9%
    2014$3,403 +2%$18,341
    2013$3,336 +4.4%$18,341 -9.6%
    2012$3,194 +85.6%$20,297 -0.6%
    2011$1,721 -56.9%$20,426 -16.8%
    2010$3,994 -5.7%$24,546 -9.7%
    2009$4,237 +4%$27,172 -4.3%
    2008$4,073 +1%$28,390
    2007$4,032 -1.1%$28,390
    2006$4,076 +95.6%$28,390 +122.6%
    2005$2,084 +1%$12,754
    2004$2,063 +2.2%$12,754
    2003$2,018 +28%$12,754 +45.4%
    2002$1,576 +3.8%$8,773
    2001$1,519 +23.3%$8,773
    2000$1,233 +46.4%$8,773 +36.7%
    1999$842 $6,416
    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $425,300
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    Estimated market value
    $425,300