1858 S. Springfield Avenue

Property Overview

Interra Realty has been exclusively engaged to market for sale 1856-68 S. Springfield, a 13 unit apartment building in Chicago's Lawndale neighborhood.The property is a large completely gut rehabbed 13-unit multi-family building with an extra wide attached side lot (RT4 Zoning). The unit mix includes Nine(9) large two bedroom units and Four (4) three bedroom apartments.

The building went through a complete renovated in 2022, including but limited to: New 800 AMP electrical service & new electric throughout building, New Copper Plumbing service as well as new copper plumbing throughout building, new HVAC (Central Heat), Windows, Bathrooms, Flooring, Appliances, Roof, and Porches. All units include Washer/Dryer hookup, Individual Hot Water tanks and Furnace. The building has been left vacant leaving a new investor the opportunity to manage lease up and add value and immediate cash flow.

Highlights

  • Beautifully Gut Renovated 13 Unit Apartment Building
  • Individual Heat and Washer / Dryer Hook Up in Unit
  • New 800 Amp Electric Service
  • New Porches, Roof and Windows
  • Large Two and Three Bedroom Apartments
  • Currently Vacant Allowing New Owner to Manage Lease Up
  • Perfectly Situated near CTA and Bus Routes, and Roosevelt Rd

Key Details

Transaction Date
2024
Number of Units
Thirteen (13)
Submarket
North Lawndale