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2543 N Springfield Avenue

Chicago, IL 60647
  • $1,295,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 12286098
$1,295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Prime Logan Square 6-Unit with a 7th non conforming apartment - A Fantastic Investment Opportunity! Located on an oversized 55' x 124.8' lot with a large side lot, this all-brick 7-unit building offers updated apartments with modern amenities. Each unit features individual furnaces and hot water heaters, ensuring tenant comfort and efficiency. Apartments are beautifully finished with hardwood floors, stainless steel appliances, and quartz countertops. Unit Breakdown: 1 One-Bedroom Unit, 1 Two-Bedroom lower level Unit, 5 Two-Bedroom Apartments. Room to increase the rents. Additional features include 6 parking spaces, big open basement for storage, and a common laundry area for added convenience. Prime Location: Steps from Kosciuszko Park, featuring a playground, running trails, and a dog park. Easy access to public transportation: CTA Bus, Blue Line (Diversey & Spaulding), and Healy Station (Metra MD-North Line) for a quick commute to Downtown Chicago. Surrounded by essential retailers: Aldi, Walmart Supercenter, Cermak Fresh Market, Carniceria Jimenez, Tony's Fresh Market, Walgreens, and CVS. Don't miss out on this exceptional investment opportunity in a highly sought-after neighborhood! Seller has an assumable loan with a 4.09 interest rate. Agent Owned.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-26T00:00:17.747 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2543 N Springfield Avenue Chicago, IL 60647

  • Price: $1,295,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 12286098
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Prime Logan Square 6-Unit with a 7th non conforming apartment - A Fantastic Investment Opportunity! Located on an oversized 55' x 124.8' lot with a large side lot, this all-brick 7-unit building offers updated apartments with modern amenities. Each unit features individual furnaces and hot water heaters, ensuring tenant comfort and efficiency. Apartments are beautifully finished with hardwood floors, stainless steel appliances, and quartz countertops. Unit Breakdown: 1 One-Bedroom Unit, 1 Two-Bedroom lower level Unit, 5 Two-Bedroom Apartments. Room to increase the rents. Additional features include 6 parking spaces, big open basement for storage, and a common laundry area for added convenience. Prime Location: Steps from Kosciuszko Park, featuring a playground, running trails, and a dog park. Easy access to public transportation: CTA Bus, Blue Line (Diversey & Spaulding), and Healy Station (Metra MD-North Line) for a quick commute to Downtown Chicago. Surrounded by essential retailers: Aldi, Walmart Supercenter, Cermak Fresh Market, Carniceria Jimenez, Tony's Fresh Market, Walgreens, and CVS. Don't miss out on this exceptional investment opportunity in a highly sought-after neighborhood! Seller has an assumable loan with a 4.09 interest rate. Agent Owned.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking 6-12 Spaces Roof Reflective Coating Roof Structure Flat

Interior Features

Cooling Central Air Fireplaces Total 0 Heat Ventilation Forced AirGas Number Of Dishwashers 5 Number Of Dryers 2 Number Of Ranges 7 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Circuit Breakers Gross Income 127561 Gross Scheduled Income 127561 Insurance Expense 5000 Maintenance Expense 1944 Mls Actual Status Active Net Operating Income 84243 Operating Expense 37258 Tax Annual Amount 16736.45 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 10380 Type Multi Family 5+ Utilities Sanitary SewerWater-Municipal Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Jameson Sotheby's Intl Realty: 312-751-0300.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-26T00:00:17.747 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910