Check Availability

1521 South Springfield Avenue

1521 South Springfield Avenue, Chicago, IL 60623
Multifamily in Lawndale
Sold Mar 12, 2020
$127,000
$120,650 by Frontier Financial Inc
Mortgage Due Mar 01, 2050
Sold Mar 11, 2011
$38,500
1521 South Springfield Avenue in Chicago, IL was first built in 1919 and is 105 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1521 South Springfield Avenue has 2,322 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,687 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a no garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1521 South Springfield Avenue was last sold in Jan 24, 2020 for $127,000. According to our calculations, that's $54.69 per sqft. Prior to that sales transaction, the property was sold for $38,500 in Jan 28, 2011. Current property owners are expected to pay $1,358 in taxes per year. The property on 1521 South Springfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,000. To break that down further, the land itself was valued at $5,107. While improvements to the property were assessed at a total of $4,893. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,687
  • Total Building Area: 2,322
  • Gross Building Area: 2,322
  • Building Area: 2,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,322
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS PARK BLVD BOHEMIAN
  • Land Acres: 0.108
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : AUSTIN ELLIS
  • Previous Owner : UNIT 6 SSS PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 838700

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-23-124-007-0000
  • Block: 7
  • Lot: 16,15
  • Meridian: SEC 23 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8601
  • Longitude: -87.7223

    Address

  • Full Address: 1521 S Springfield Ave
  • Address - House Number: 1521
  • Street Direction: S
  • Address - Street Name: Springfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 2048
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,358
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 309,477
  • High Value: 388,554
  • Low Value: 230,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,650
  • First Open Lien Mortgage Lender: FRONTIER FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $120,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $51,070
  • Market Improvement Value: $48,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $5,107
  • Assessed Improvements Value: $4,893

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Mar 12, 2020
  • Current Sale Transaction ID: 11745892568
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007208509
  • Previous Sale Recording Date: Mar 11, 2011
  • Previous Sale Contract Date: Jan 28, 2011
  • Previous Sale Amount: $38,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRONTIER FINANCIAL INC
  • First Mortgage Transaction Date: Mar 12, 2020
  • First Mortgage Loan Amount: $120,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4314 W 14th Street, Chicago, IL, 60623

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
4314 W 14th Street, Chicago, IL, 60623 Listing by Byron DeLeon Garcia
Unit for rent at 5328 W Harrison St, Chicago, IL, 60644

$925 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
5328 W Harrison St #One Bedroom, Chicago, IL, 60644 Listing by Manager
Unit for rent at 5101 W Monroe St, Chicago, IL, 60644

$910 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
5101 W Monroe St #One Bedroom, Chicago, IL, 60644 Listing by Manager
Unit for rent at 2700 S. Kildare Ave, CHICAGO, IL, 60623

$1,045 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
2700 S. Kildare Ave #2700 S. Kildare Ave - 1S, CHICAGO, IL, 60623 Listing by Manager
Unit for rent at 5015 W Jackson Blvd, Chicago, IL, 60644

$1,025 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
5015 W Jackson Blvd #One Bedroom, Chicago, IL, 60644 Listing by Manager
Unit for rent at 4715 W Fulton St 2, Chicago, IL, 60644

$900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
4715 W Fulton St 2 #Unit 2, Chicago, IL, 60644 Listing by Manager
Unit for rent at 500 S Laramie Ave, Chicago, IL, 60644

$950 /mo

  • 1 Bed
  • 1 Bath
  • 515 ft²
500 S Laramie Ave #One Bedroom, Chicago, IL, 60644 Listing by Manager

Frequently Asked Questions

What neighborhood is 1521 South Springfield Avenue located in?
The 1521 South Springfield Avenue is a multifamily located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1521 South Springfield Avenue?
The average sales price for units in 1521 South Springfield Avenue is $0 currently.

Quantcast