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1453 S Springfield Avenue, Chicago, IL 60623
$580,000
1453 S Springfield Avenue, Chicago, IL 60623View this property at 1453 S Springfield Avenue, Chicago, IL 60623
1453 S Springfield AvenueChicagoIL60623
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Property Description
Front entrance 6 unit residential rental building located in HOT North Lawndale. Located just east of Pulaski Rd (CTA #53 bus), between Roosevelt Rd (CTA# 12 bus) and 16th St. 5 min west from Douglas Park - the home of the world renowned Riot Fest. This is also approximately 6 miles from the center of downtown Chicago, and only 7 short blocks to the light rail Pink Line stop at 20th and Pulaski. Great unit mix with three 3 bed/1 bath units, and three 2 bed/1 bath units. 5 of 6 units currently rented and the 6th should be rented shortly after the reno/cleanup is completed. Each unit has it's own gas forced air furnace. 2 large water tanks provide hot water for the building. Tenants pay their own gas and electric. There are also 2 deconstructed units in the basement which can be brought back to life with a complete renovation. There are 2 entrance/exits which can be used to access this area. Large parking pad in the rear of the building could provide extra income.
Full Property Details
Full Property Details for 1453 S Springfield Ave
General
- Price: $580,000
- HOA FEE: $3,600
- Taxes: $4,953 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11999154
- Updated: 3/19/2024
- Added to Site: 49 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: Roosevelt Rd E or W to Springfield Ave. S on Springfield to 1453
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Trash: 1500
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $3,600
- Insurance Fee: $3,500
- Operating Expenses: $26,993
- Other Fee: $4,200
- Assessment Year: 1910
- Tax Amount: $4,953
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 1200
- Pays Trash: 1500
Disclosures and Reports
- Property ID: 16231160200000
Listed by Pearson Realty Group
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Schools
Schools serving 1453 S Springfield Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1616 S Avers Ave, Chicago, IL 60623 | PK-8 | 0.2 mi | |
3120 S Kostner Ave, Chicago, IL 60623 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
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Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1453 S Springfield Ave
Date
Details
Price
Change
Source
3/13/2024
Listed
$580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1453 S Springfield Ave
1453 S Springfield Avenue, Chicago, IL 60623 (MLS# 11999154) is a Commercial property. 1453 S Springfield Avenue is currently listed for $580,000 and was received on March 13, 2024. Want to learn more about 1453 S Springfield Avenue? Do you have questions about finding other Commercial 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.