$650,000
$525,000
23.8%For more information regarding the value of a property, please contact us for a free consultation.
1338 S Springfield AVE Chicago, IL 60623
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12362273
Sold Date 07/07/25
Maintenance Fees $10,800
Year Built 1908
Annual Tax Amount $4,445
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Multi Family 5+
Property Description
Turnkey 6 unit building, the apartments boast hardwood flooring, gas-forced air heat and individually metered utilities, offering both comfort to tenants and efficiency to owners. The unit mix-three 3-bedroom/1-bath units and three 2-bedroom/1-bath units-caters to a wide range of renters and supports strong rent performance. Adding to the appeal is a seasoned property manager already in place and available to continue with the new owner. This offers a seamless handoff and immediate management continuity. Whether you're looking to expand your portfolio or lock in a high-performing asset, this property delivers on every front: location, returns, quality, and ease of ownership. Schedule your viewing today and capitalize on this rare opportunity to own a fully rehabbed, income-producing 6-unit in a proven rental market.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Tian Xin • Weichert,Realtors-FirstChicago