1227 S Springfield Avenue, Chicago, IL 60623 - Photo 1

1/1

$505,000

Sold
Closed
Multi-Family
9 Total Beds

1/1

Property Description

Recently rehabbed to the studs. Great location, close to downtown. Each of the 3 units includes High-End finishes, Stainless steel appliances, Washer/Dryer in the Basement. High-End bathrooms. Central Air/Heat. Good-sized bedrooms. Large Living/Dining. Parking is in the back Fully rented with great tenants. Listed at a 9-CAP! Perfect for investors

Full Property Details

Full Property Details for 1227 S Springfield Ave

General

Sold For: $505,000
Taxes: $2,116 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12529864
Added to Site: 83 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 9

Parking

Total Spaces: 3
Parking Features: Yes

Location

Area: CHI - North Lawndale
County: Cook
Driving Directions: Roosevelt Rd to Springfield South to Address

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Brick, Stone
Exterior Const.: Brick, Stone
Basement Desc.: None
Year Built: 1896
Built Before 1978: Yes
Remodeled/Updated: 2023

Unit Information

Units in Building: 3

Lot Features

Lot Size Range: Standard Chicago Lot
Lot Dimensions: 25 x 125

Financial Considerations

Assessment Year: 1896
Tax Amount: $2,116.93
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 16231020100000

Listed by Fulton Grace Realty
Sold by Non Member

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Listing agent

— 1227 S Springfield Ave —

Fulton Grace Realty

lawrence@fultongrace.com

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Schools

Schools serving 1227 S Springfield Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Herzl Elementary School 3711 West Douglas Boulevard, Chicago, IL 60623	PK-8	0.3 mi
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612	12-11	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1227 S Springfield Ave

Date

Details

Price

Change

Source

2/09/2026

Sold

$505,000

-8.18%

MLS

12/29/2025

Price Reduced

$550,000

-4.35%

MLS

12/10/2025

Price Reduced

$575,000

-4.01%

MLS

12/08/2025

Listed

$599,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1227 S Springfield Avenue, Chicago, IL 60623 (MLS# 12529864) is a Multi-Family property that was sold at $505,000 on February 09, 2026. Want to learn more about 1227 S Springfield Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

1227 S Springfield Ave Chicago, IL 60623