1302 South Springfield Avenue, Chicago, IL


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About 1302 South Springfield Avenue

This Beautiful Chicago Historic Graystone, 2 flat in North Lawndale has been gutted to the studs and fully renovated. Full plans and Permits have passed per city of Chicago and have gone thru a rigorous inspection process. Fully rented, seller netting $2796 per mo.. With the ability for a new buyer/investor to add additional income by finishing the basement. City of Chicago has grants for ADU program, but you must own the property first. Investing in up & coming neighborhoods is the backbone of how wealth has been created for Real Estate investors, & this one is no different!!! The neighborhood is changing before your eyes, and this is your opportunity to get a piece of the pie before you can't afford to buy in this area. Conveniently located near Eisenhower (I-290) expressway, Downtown Chicago, Blue Line and Pink Line L-stops. Access to I-290 within a few minutes and downtown in less than 15 mins. All of the heavy lifting is done, and the seller is turning this one over to a new owner who is destined to gain equity over time. *****AS-IS***** SALE, NO EXCEPTIONS. Please mark and initial AS-IS ON ANY OFFERS. Inspections are ok, but for buyers' personal knowledge. New roof, new hvac - including AC, new windows, new plumbing, new electrical, new back porch, new kitchens with Shaker cabinets & stone countertops, this one is literally ready to go!!! Schedule you're showing today & and enjoy the equity created- FHA, Conventional, VA, or Cash will all be considered!!!! 48 Hour notice for showings- **Please note, there was a recent sewage backup @ the property, for which the City of Chicago is responsible. Seller has completed a sewage scope confirming the issue is due to a broken city pipe underground and started the process to have the city repair it. Repairs are estimated to be within 30 days or less. City work order is available confirming city's responsibility to do repairs and timeframe for the city to complete repairs (see additional docs)

Features of 1302 South Springfield Avenue

MLS® # 11877901
Price $320,000
Units 2
Bedrooms 7
Bathrooms 2.00
Year Built 1898
Type Residential Income
Sub-Type Two to Four Units
Style Greystone
Status Active
Multi-Family No

Community Information

Address 1302 South Springfield Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623


Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Full


Exterior Brick,Limestone
Roof Rubber
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 84
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSmart Realty Group

Listing Map

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