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1220 S Springfield Ave
Multi-Family
New
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$220,000

1220 S Springfield Ave, Chicago

81% below median
8 bd·2 ba·0 sqft
Built 19053,049 sqft lotNorth Lawndale

1220 S Springfield Ave, Chicago, IL

8 bd · 2 ba · 0 sqft Multi-Family listed at $220,000, built in 1905 in the North Lawndale neighborhood.

About this home

Tremendous potential in this handsome Greystone located in vibrant North Lawndale neighborhood ! The 1st-floor unit features living and dinning room, 3 bedrooms, large kitchen and full bath. The 2nd- floor unit has living room, large kitchen , 4 bedrooms and full bath. High ceilings, in unit laundry on the 1st floor, separate heat on 2nd floor. Full basement with exterior access, back porch and large yard. Easy access to expressway and short distance to downtown Chicago. Don't miss your chance to bring new life to this solid building in rapidly appreciating area! Sold as is.

Property details

Price
$220,000
Bedrooms
8
Bathrooms
2
Year built
1905
Lot size
3,049 sqft
Type
Multi-Family
Days on market
25
Est. property tax
$4,576/yr · $381/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($44,000)
Interest rate6.75%
Principal & Interest$1,142
Property Tax$202
Insurance$150
Total$1,493/mo

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Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60623)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 34.4; 9% hold a bachelor's degree; median household income is $37,814.

Median income
$37,814
Median age
34.4
Owner-occupied
37.8%
Bachelor's degree
9.0%
Census median home value
$203,400

Source: US Census Bureau American Community Survey 5-year estimates.

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