When was property at 550 North Springfield Avenue built and last sold?

The property at 550 North Springfield Avenue was built in 1900 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 550 North Springfield Avenue is $106,930.

What are some comparable homes to 550 North Springfield Avenue?

There are currently no comparable homes to 550 North Springfield Avenue.

Chicago

60624

East Garfield Park

550 N Springfield Avenue

$100,000

● House - Off Market

550 N Springfield Avenue

Chicago, IL 60624

2 Beds

1 Bath

1,049 Ft²

$502

Est. Monthly

27.17%

Cap Rate

About This Property

Great opportunity for the first time buyer in this brick cottage house! Roll up your sleeves and make of this property your dream home!Property subject to 3 Days First Look Period. Upon the expiration of the First Look Period Seller will negotiate offers. Seller will not turn utilities on. Selling in As-Is Condition. Equal Housing "Everyone deserves the American Dream". A Must Buy! The seller is asking for "Highest & Best" by 11:00 AM of Tuesday 03/25.

Unit Size

1,049 Ft²

Days on Market

Land Size

Price per sqft

$89

Property Type

House

Property Taxes

$45

HOA Dues

Year Built

1900

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Cap Rate Calculator

Property Highlights

Building Info

Overview

General

Year Built: 1900

Effective Year Built: 1900
Building Count: 1
Total Rooms: 4
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 4
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,125

Total Building Area: 1,034
Gross Building Area: 1,034
Building Area: 1,034
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,034
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FITCHS SUB
Land Acres: 0000000072
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (FITCHS) SUB OF BLKS5-6,11 IN F HARDINGS SUB OF WH NE SEC 11-39-13

Neighborhood

School District Name: Chicago Public School District 299

Census Tract: 231500

Zoning

Zoning: RS-3

Geography

Assessors Map Reference: Jan 01, 1970

District: 77
Parcel: 16-11-119-026-0000
Block: 5,6
Lot: 4
Meridian: SEC 11 TWN 39N RNG 13E
Municipality: WEST CHICAGO
Latitude: 41.8913
Longitude: -87.7238

Address

Full Address: 550 N Springfield Ave

Address - House Number: 550
Street Direction: N
Address - Street Name: Springfield
Address - Suffix Type: Ave
State: IL
City Name: Chicago
Carrier Code: C034
4-Digit Zip Code: 1113
Zip Code: 60624

Valuation

Tax

Tax Year: 2022

Tax Amount: $48,183
Tax Rate Code Area: 77052

Appraisal Valuation

Standard Deviation: 0.2555

Valuation Date: Dec 13, 2023
Confidence Score: 48
Final Value: 302,106
High Value: 379,299
Low Value: 224,912

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $85,000

Market Land Value: $36,720
Market Improvement Value: $48,280

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $8,500
Assessed Land Value: $3,672
Assessed Improvements Value: $4,828

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About West Side

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$341

Below Asking

0.01%

Average Days on Market

Average Home Size

862 ft²

Average Home Age

71.6 years

Currently For Sale

364 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,400 /mo

2 Beds
1 Bath
1,100 ft²

2528 W Iowa Street #2, Chicago, IL, 60622 Listing by Lourdes Hernandez

Unit for rent at 2627 W Walton Street, Chicago, IL, 60622

$2,385 /mo

3 Beds
1 Bath
1,200 ft²

2627 W Walton Street #3, Chicago, IL, 60622 Listing by Berthene Christos

Unit for rent at 1317 North Maplewood Ave., CHICAGO, IL, 60622

$2,200 /mo

2 Beds
1 Bath

1317 North Maplewood Ave. #Apt 2, CHICAGO, IL, 60622 Listing by Joshua Berngard

Rentals Near You

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Listed by: Gaspar Flores, Su Familia Real Estate Inc
Data Source: MRED, MLS# MRD12315684

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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

550 N Springfield Avenue

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About West Side

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions