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1849 S Springfield Avenue

Chicago, Illinois 60623

Cecilia Frakes

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Property Type
Multiple Unit (2-4)
Community Area
North Lawndale

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!

Full Features
Exterior Type: Brick
Basement: Crawl
Beds Above Grade: 3
Heating System: Gas
Pool: No
Age: 100+ Years
Parking Type: Garage
Parking Spaces: 3
Roof Type: Asphalt/Glass (Shingles)
Room Count: 7
Water Front: No
Square Feet: N/A
Tax Amount: $4,551
Tax Year: 2017

Taxes & Assessments
Taxes: $4,551

Listing information updated today (10/22/2019)

North Lawndale

Neighborhoods: Douglas Park, Homan Square

North Lawndale is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including…

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School District(s)
City Of Chicago SD 299
Elementary School
Penn Elementary School
Middle School
Penn Elementary School
High School
World Language High School, Multicultural Acad Of Scholarshp High School, Infinity Math Science & Tech High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at Pulaski (0.18 miles away), Kedzie

BNSF Railway, Union Pacific West, Milwaukee District West, Milwaukee District North, North Central Service

at S Cicero Ave Metra (1.45 miles away), Kedzie, Kedzie Metra, Western Ave Metra and others


1849 S Springfield Avenue Chicago, Illinois 60623 is a multiple unit (2-4) currently listed at $287,900. 1849 S Springfield Avenue features 3 bedroom(s) and 1 bath(s). This multiple unit (2-4) has been listed on @properties since August 20th, 2019 and was built in 1900. Nearby schools include Penn Elementary School, World Language High School, Multicultural Acad Of Scholarshp High School. The nearest transit stops include Pulaski CTA Pink line, BNSF Railway S Cicero Ave Metra. Want to learn more about 1849 S Springfield Avenue Chicago, Illinois 60623? Contact an @properties agent to request more info.