For Sale

Listed by Bryana Moreno and Robert Ellis from HomeSmart

Source: Midwest Real Estate Data, LLC #11877901

1302 South Springfield Avenue, Chicago, IL, 60623

$309,000

7
2

MultiFam

30+ days on the market

What's around 1302 South Springfield Avenue

About this property

"Welcome to an extraordinary opportunity in North Lawndale! This Beautiful Chicago Historic Graystone, a meticulously renovated 2-flat, is not only a prime choice for owner occupancy but also an excellent investment opportunity for astute investors. This historic Greystone residence has undergone a comprehensive transformation, from being gutted to the studs to receiving a full renovation. The city of Chicago has granted full plans and permits, subjecting the property to a rigorous inspection process, ensuring top-notch quality and compliance. A plethora of updates includes a new roof, new HVAC system complete with air conditioning, new windows, plumbing, electrical, back porch, and stylish kitchens featuring Shaker cabinets and stone countertops. In essence, this property is move-in ready and awaits its new owner. Currently fully rented, the property generates a solid income of $2796 per month. For investors looking to maximize returns, there's an opportunity to add additional income by finishing the partially finished basement. Already framed to duplex into the first-floor unit & has electric, heating, and plumbing. Take advantage of the City of Chicago's grants for the ADU program, available to property owners. Additionally, the city has recently replaced the main drain line, ensuring the property's long-term reliability. Strategically located near the Eisenhower (I-290) expressway, Downtown Chicago, Blue Line, and Pink Line L-stops, this property offers unparalleled convenience. With quick access to I-290, you can reach downtown Chicago in less than 15 minutes. The heavy lifting is done - the property is being sold "AS-IS" with no exceptions. The seller, having meticulously prepared this investment, is passing the baton to a new owner destined to gain equity over time. Schedule your showing today and step into a property poised for appreciation and success. Please note, this property qualifies for Compass Mortgage's Community Lending Program. For more details, contact Lisa Anderson - NMLS 2014599 at 6303020808. Don't miss this chance to make a wise investment in Chicago real estate. Schedule your showing today and start enjoying the equity created in this exceptional property."

Looking for more information on 1302 South Springfield Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$480,000
2114 South Trumbull Avenue
Chicago IL 60623
7
3
2
Multi-Family
Listing courtesy of REMAX Partners | Berwyn
For Sale
$500,000
1253 South Millard Avenue
Chicago IL 60623
7
3
2
Multi-Family
Listing courtesy of Exit Strategy Realty
For Sale
$395,000
1829 South Central Park Avenue
Chicago IL 60623
7
3
2
Multi-Family
Listing courtesy of Su Familia Real Estate Inc

Other properties for sale by HomeSmart

For Sale
$550,000
21162 South 78th Avenue
Frankfort IL 60423
4
4
3
Single-Family
Listing courtesy of HomeSmart
For Sale
$225,000
9648 South Eggleston Avenue
Chicago IL 60628
3
1
2
Single-Family
Listing courtesy of HomeSmart
For Sale
$1,120,000
10334 Tujunga Canyon Boulevard
Los Angeles CA 91042
7
5
2
Single-Family
Listing courtesy of HomeSmart

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 1 Jul 2022. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent