1812 S Springfield Avenue
Chicago, IL 60623

Status: Active Under Contract
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $360,000
Gallery single image view Gallery grid view Street view Map view

About this home

Excellent income producing LEGAL 3-UNIT is a perfect investment for every type of buyer. ZONED RT-4, All 3 units are generous in size with generous front entryways. Partially rehabbed in 2012, the 2 bed/1 bath garden unit has recent updates including new paint, newer flooring, updated kitchen, and central heat. The first and second floor units feature 3 bedrooms and central heat. All units include a back porch for relaxing or grilling. The rear decks, including front/back stairs have been reinforced. Newer windows throughout, and roof was rehabbed in 2019. SOLD AS-IS. Great location for long/short term tenants--Steps from the Pulaski Pink-line and Ogden Ave.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1909
Exterior Building Type Brick
Exterior Property Features Deck, Porch, Storms/Screens
Foundation Concrete Perimeter
Parking None
Rehab Year 2012
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - North Lawndale
Zoning Type MULTI
Corporate Limits Chicago
Directions 18TH ST. TO SPRINGFIELD (3800 W) SOUTH TO 1812
Elementary School Mason Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Mason Elementary School
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full ,English
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1250
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number G
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1000
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Microwave, Hardwood Floors
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 25X125
Lot Size Standard Chicago Lot
Ownership Fee Simple
Style of House Traditional
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Other Expenses 2 1080
Gross Rental Income $43,200
Insurance Expense $3,900
Janitor Expense $1,800
Net Oper Income $32,520
Rental Income 43200
Investment Profile Residential Income
Water Expense $2,100

Tax/Assessments/Liens

PIN 16233090280000
Special Assessments N
Taxes $1,844
Tax Exemptions None
Tax Year 2022
$360,000 Listing Price:
MLS # 12019306
Investment Profile Residential Income
Listing Market Time 20 days
Basement Full ,English
Type Unit 3 Flat
Number of Units in Building 3
Parking None
List Date 05/13/2024
Year Built 1909
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...