Nice rehabbed 3 unit building w/extra large lot located in the Hot North Lawndale neighborhood. (Opportunity zone). This building features large units with tall ceilings, separate dining rooms, flooring, fence, tuckpointing, gutters, in unit laundry in owners unit, no differed maintenance. There's also a huge attic with possibility of adding an additional unit, massive brick 3.5 car garage. This is great opportunity to live in one unit and pay your mortgage with a nice cashflow or rent all 3 and collect a great monthly passive income @ 11% cap rate when pro forma. The lower units are available one unit has a great long term tenant in place. Just blocks away from the pink line, Ogden corridor, with retail center. Minutes away from the Eisenhower (290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard and planned major developments. NO FHA!
Property Map
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Lake Michigan
Sewer Public Sewer
Additional Information
Exterior Features
Porch
Parking
3 Garage Spaces, Heated, 7 Foot or more high garage door, Owned
Schools
District 299
Payment Calculator
Listing History
08-20-2019
Listed at $299,000
09-06-2019
Status changed to Under Contract
09-28-2019
Status changed to Active
10-10-2019
Price decreased by $11,100 to $287,900
11-26-2019
Price decreased by $8,000 to $279,900
12-02-2019
Status changed to Under Contract
01-25-2020
Status changed to Closed
01-24-2020
Sold at $260,000
Last Modified 10/17/22 3:24 PM
Nearby Transportation
Bus 53
0.1 mi
Bus 157
0.2 mi
Bus 18
0.2 mi
Bus 21
0.3 mi
Bus 82
0.4 mi
Bus 12
0.7 mi
Bus 60
0.8 mi
Bus 52
0.9 mi
Bus 54B
0.9 mi
Bus 54
1.1 mi
Bus 7
1.2 mi
Pink Line
0.2 mi
I 290 East
1.2 mi
I 290 West
1.3 mi
I 55 South
2.0 mi
I 55 North
2.1 mi
I 90 East
3.9 mi
I 94 East
3.9 mi
I 90 West
4.0 mi
I 94 West
4.0 mi
For More Information
(312) 528-9200
For more information about 1849 S Springfield, Chicago, IL 60623 contact Corcoran Urban Real Estate.
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