1514 South Springfield Avenue
1514 South Springfield Avenue
$110,000
5
2
2,400
2,400
$46
Closed 3/10/21
Description
Own a multi unit property and generate passive income! This brick 2 unit has untapped potential. There is one 2 bedroom 1bth unit and 1 bedroom unit both can be rented out or live in one and rent out the other. The 2 bedroom unit can be rented for $1,000 per month. The 3 bedroom unit can be rented for $1200. The property needs to some rehab. Please due your own due diligence to assess what needs to be done. After rehab value is approx. $220k. There's a 2 car garage and a large yard. This is a great...Own a multi unit property and generate passive income! This brick 2 unit has untapped potential. There is one 2 bedroom 1bth unit and 1 bedroom unit both can be rented out or live in one and rent out the other. The 2 bedroom unit can be rented for $1,000 per month. The 3 bedroom unit can be rented for $1200. The property needs to some rehab. Please due your own due diligence to assess what needs to be done. After rehab value is approx. $220k. There's a 2 car garage and a large yard. This is a great opportunity to live mortgage free or rehab create new housing stock. Owner occupied. Please allow 24-48 hr notice for showings.
- Listed by Sanina Ellison • Re-CHRG Inc
- Listed by Courtney Jones • Re-CHRG Inc
Sold By Baird & Warner
Property Details for 1514 South Springfield Avenue
Area
CHI - North Lawndale
TownshipHyde Park
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Cars2.0
Parking Included in PriceYes
Heat/FuelNatural Gas
ZoningMULTI
Location
LISTING UPDATED: 05/05/2021 10:00 AM
Property Details for 1514 South Springfield Avenue
Status | Closed |
---|---|
MLS # | 10860542 |
Days on Market | 177 |
Taxes | $2,667 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Story Unit/S |
Year Built | 1899 |
Lot Size | 0.07 AC / 3,049 SF |
County | Cook County |
Location
Building Information for 1514 South Springfield Avenue
Stories-Residences2Year Built1899Building Size-Lot Size0.07 AC / 3,049 SF
Payment Calculator
$823 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1514 South Springfield Avenue
Property History for 1514 South Springfield Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1514 South Springfield Avenue
Taxable ValueLand$3,671Additions$4,328Total$7,999
Tax Record2022$1,651 ($138 / month)
Home Facts
Baths2Total Finished SqFt2,932 SqFtAbove Grade Finished SqFt2,932 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1897CountyCOOKAPN16-23-123-022
Schools near 1514 South Springfield Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Penn Elementary School PublicPK to 8 | ||
Infinity Math Science & Tech High School Public9 to 12 | ||
KIPP Chicago Chrtrs - Ascend Acad CharterK to 8 | ||
Frazier Prep Academy Charter Elementary School CharterK to 8 |
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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