2221 S Springfield Avenue Chicago, IL ^$ 710,000

2221 S Springfield Avenue

^$ 710,000

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2221 S Springfield Avenue

Chicago, IL, 60623

^$ 710,000

Bedrooms12 Baths0.0

Monthly Estimate*

^$ 4,719

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Multi-Family Home for sale in Chicago, IL

for $710,000 with 12 bedrooms. This home was built in 1907.

Extremely rare, all brick, three story legal 6 unit. All six units have two bedrooms each. Front three units have both a formal dining room and separate living room with oversized kitchen. Three rear units are smaller with kitchen, living room and two bedrooms (no dining rooms in rear units). All units have beautiful hardwood floors. Newer furnaces and water heaters in all units. Electrical and plumbing all done within the past 10 years. Rear parking accommodates up to six vehicles. Exterior rear porch allows for additional porch space. Building has been very well maintained. Unit 2F is vacant and will be the only unit available for showings. Loan approval needed for showings. Building being sold "AS-IS".

Multi-Family Active

Price

^$ 710,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 5,347

Style

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11989754

Features

General

Zoning COMMR

Year Built 1907

Tenant Pays Electricity Heat

Stories 3

Tax Year 2022

Gross Income 5005

County Cook

Net Operating Income 60060

Operating Expense 6720

Insurance Expense 291

Property Type Commercial Sale Multi Family 5+

Status Active

Directions West on Cermak to Springfield. South on Springfield to address.

City Chicago

Total Units 6

MLS Area CHI - South Lawndale

Street Name Springfield

Tax Annual Amount 5347.51

Electric Expense 60

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 450

Additional Parcels Y/N N

Days on Market 80

Standard Status Active

Exterior

Lot Dimensions 5943 SQ FT

Exterior Brick

Interior

Street Suffix Avenue

Basement Crawl

* Excluded Features

List By

Prestige Realty Group

Broker

ginajoshi03@gmail.com

Affordability Calculator

$5,164

Per Month

Monthly Principal & Interest: $4,719
Monthly Property Taxes: $446
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,158

Percent of Sale Price 10%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$710,000	-2.07%	Price Down
5/3/2024	$725,000	-2.03%	Price Down
4/9/2024	$740,000	-1.33%	Price Down
2/26/2024	$750,000		Listed Price

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2221 S Springfield Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $710,000. 2221 S Springfield Avenue has 12 bedrooms, 0.0 baths, and was built in 1907. The property's zip code is 60623 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/29/2024.

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2221 S Springfield Avenue

Multi-Family Home for sale in Chicago, IL

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