1640 S Springfield Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Vintage at its best see this 6-unit brick walk-up 12' high ornamental iron fence/gated entry. Spacious, open, airy, sunny apartments. The building comprises six spacious units : 3 units -with 3 bedrooms and 1 bathroom- one of the units on the front is occupied: 2 of the 3bedroom unit need renovation (1F and 2f). New bathroom fixtures still in the box come with building: 3 units - with 2 bedrooms and 1 bathroom on the back of building all occupied. Double entry to all units: Invest, take up residence,...Vintage at its best see this 6-unit brick walk-up 12' high ornamental iron fence/gated entry. Spacious, open, airy, sunny apartments. The building comprises six spacious units : 3 units -with 3 bedrooms and 1 bathroom- one of the units on the front is occupied: 2 of the 3bedroom unit need renovation (1F and 2f). New bathroom fixtures still in the box come with building: 3 units - with 2 bedrooms and 1 bathroom on the back of building all occupied. Double entry to all units: Invest, take up residence, or hold for income. Excellent transportation with downtown only 10 minutes away via Metra, CT. 48-hour notice.
  1. Listed by Betty Clayton • Sincere Real Estate & Property Management
    P: (708)-207-4818 bjclaytonrealtor@gmail.com

Sold By Berkshire Hathaway HomeServices American Heritage

Property Details for 1640 South Springfield Avenue

Area
CHI - North Lawndale
Township
West Chicago
Zoning
MULTI
LISTING UPDATED: 10/03/2024 06:26 PM

Property Details for 1640 South Springfield Avenue

StatusClosed
MLS #12139639
Days on Market9
Taxes$2,774 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1910
Lot Size0.11 AC / 4,680 SF
CountyCook County
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Building Information for 1640 South Springfield Avenue

Stories3Residences6Year Built1910Building Size-Lot Size0.11 AC / 4,680 SF

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Property Taxes

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Property Information for 1640 South Springfield Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Electric,Gas
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Balcony/ies
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 36X130
  • Lot Size Square Feet: 4680.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6573
Property and Assessments
  • Buyer Financing: Conventional, VA
  • Public Document Count: 1
  • Document Date: 2024-08-16T18:50:50
  • Photos Count: 11
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Security Entrance,Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $500.00
  • Fuel Expense: $.00
  • Gross Income: $4,900.00
  • Gross Scheduled Income: $58,800.00
  • Insurance Expense: $2,700.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Repairs-Decor Expense Source: Combination
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 4900
  • Water Expense Source: Combination
  • Net Operating Income: $38,475.00
  • Operating Expense: $11,500.00
  • Other Expense: $.00
  • Trash Expense: $1,320.00
  • Water Sewer Expense: $3,000.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1640 South Springfield Avenue

DateEvent & SourcePriceAppreciation
Oct 1, 2024

Sold

MRED #12139639

$300,000
Sep 26, 2024

Sold (Public Record)

Public Record #1543484479

$300,000

+0.6% / yr

Aug 23, 2024

Pending

MRED #12139639

Aug 15, 2024

Listed (Active)

MRED #12139639

$285,000
Aug 23, 2016

Sold

MRED #09101773

$285,000
Aug 4, 2016

Sold (Public Record)

Public Record #583645862

$285,000

+4.6% / yr

Mar 17, 2016

Pending

MRED #09101773

Dec 14, 2015

Listed (Active)

MRED #09101773

$299,900
Mar 19, 2002

Sold (Public Record)

Public Record #95864208

$150,000
DateEvent & SourcePrice
10/01/2024

Sold

MRED #12139639

$300,000
09/26/2024

Sold (Public Record)

Public Record #1543484479

$300,000

+0.6% / yr

08/23/2024

Pending

MRED #12139639

08/15/2024

Listed (Active)

MRED #12139639

$285,000
08/23/2016

Sold

MRED #09101773

$285,000
08/04/2016

Sold (Public Record)

Public Record #583645862

$285,000

+4.6% / yr

03/17/2016

Pending

MRED #09101773

12/14/2015

Listed (Active)

MRED #09101773

$299,900
03/19/2002

Sold (Public Record)

Public Record #95864208

$150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1640 South Springfield Avenue

Taxable ValueLand$5,456Additions$19,543Total$24,999
Tax Record2023$5,293 ($441 / month)
Home Facts
Baths6Total Finished SqFt6,573 SqFtAbove Grade Finished SqFt6,573 SqFtStories3Lot Size4,644 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN16-23-301-034

Schools near 1640 South Springfield Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Penn Elementary School
PublicPK to 8

Infinity Math Science & Tech High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Sincere Real Estate & Property Management

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/03/2024 06:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.