1620 North Spaulding Avenue

Chicago, IL 60647

$999,500
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic arm chair investment located in Hot Humboldt Park! LEGAL four unit recently fully rehabbed building including: Kitchens, Baths, HVAC, Electric, Plumbing, Porches, Siding, Roof, the list goes on. All units are 2 bed/1bath featuring stainless steel appliances, quartz countertops, hardwood floors, & great ceiling height. All separate utilities and have separate furnaces, AC condensers and water heaters. Coin laundry in basement. 177 ft deep lot fully fenced lot with shared yard/patio for the...Fantastic arm chair investment located in Hot Humboldt Park! LEGAL four unit recently fully rehabbed building including: Kitchens, Baths, HVAC, Electric, Plumbing, Porches, Siding, Roof, the list goes on. All units are 2 bed/1bath featuring stainless steel appliances, quartz countertops, hardwood floors, & great ceiling height. All separate utilities and have separate furnaces, AC condensers and water heaters. Coin laundry in basement. 177 ft deep lot fully fenced lot with shared yard/patio for the tenants to enjoy. Parking pad in rear. All units have the same finishes. Building is fully leased - 1R & 2R under market rent due to long term tenants.

Listing Agent

Property Details for 1620 North Spaulding Avenue

Area
CHI - Humboldt Park
Subdivision
Not Applicable
Township
Jefferson
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
American 4-Sq.
Zoning
MULTI

Location

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LISTING UPDATED: 04/23/2024 12:07 AM

Property Details for 1620 North Spaulding Avenue

StatusActive
MLS #11995646
Days on Market14
Taxes$5,965 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1891
Lot Size0.10 AC / 4,425 SF
CountyCook County

Location

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Building Information for 1620 North Spaulding Avenue

Stories-Residences4Year Built1891Building Size-Lot Size0.10 AC / 4,425 SF

Payment Calculator

$5,952 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,455

Property Taxes

$497

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1620 North Spaulding Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Stowe Elementary School
  • Jr High Middle School: Stowe Elementary School
  • High School District: 299
  • High School: Clemente Community Academy Senio
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 3.0
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2014
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X177
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 1621
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3300
  • 3 Br Un In Bldg: No
  • Conversion: Y
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $69,500.00
  • Insurance Expense: $2,715.00
  • Insurance Expense Source: Actual
  • Water Expense Source: Actual
  • Water Sewer Expense: $1,500.00
Unit 1
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 05/25
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25
Unit 3
  • Unit Type Actual Rent: $1,375.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 06/25
Unit 4
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 06/25

Property History for 1620 North Spaulding Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1620 North Spaulding Avenue

Taxable ValueLand$12,744Additions$16,256Total$29,000
Tax Record2022$5,965 ($497 / month)
Home Facts
Baths3Total Finished SqFt2,688 SqFtAbove Grade Finished SqFt2,688 SqFtStories2Lot Size4,248 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN13-35-421-031

Schools near 1620 North Spaulding 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 - 10 to 11
Public - 7 to 12
Rating
School
Distance
Stowe Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

YCCS-Assoc Hse El Cuarto Ano HS
Charter10 to 11

Marine Leadership Academy - Ames
Public7 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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1620 North Spaulding Avenue is a multi-family home for sale in Chicago, IL 60647. This property was listed for sale on April 17, 2024 by Compass, it's currently listed at $999,500. It has been on the market for a total of 14 days and was last sold on October 26, 2021. This listing's school district is City Of Chicago School District 299. Nearby schools include Stowe Elementary School, Clemente Community Academy High School and YCCS-Assoc Hse El Cuarto Ano HS. 1620 North Spaulding Avenue is a 8-bed, 4-bath, multi-family home built in 1891.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.