1442 S Springfield Avenue, Chicago, IL 60623
Local realty services provided by:CENTURY 21 Broughton Team
1442 S Springfield Avenue,Chicago, IL 60623
$599,000
- 9 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: brianna gulia
Office: property plug
MLS#:12739879
Source:MLSNI
Price summary
- Price:$599,000
About this home
Turnkey 4-Unit - Full Gut Rehab - Double Lot - North Lawndale This is a complete, permitted, top-to-bottom rehab - not a paint-and-carpet flip. Every system, surface, and finish in this 4-unit brick building is new: new roof line and rear porches, new electrical, new plumbing, new HVAC (separate furnace and water heater per unit), new windows, new floors, new kitchens, new baths. A buyer walks into day-one cash flow with zero deferred maintenance and years before anything needs touching. Quartz counters, white shaker cabinetry with black hardware, subway tile backsplash, stainless appliance packages, wide-plank LVP flooring, and matte-black fixtures throughout. Bathrooms are fully tiled in a marble-look porcelain surround with black plumbing fixtures. The building sits on a double lot, with a fenced yard, mature trees, and a rebuilt rear deck and stair system. It's steps from a community garden, greenhouse, and playground - a real amenity for family tenants Upside built in: the attic is unfinished - roughly 1,560 sq ft of raw space with a brick chimney and full-height rafters, sitting untouched above four fully finished units. Combined with the double lot, there's real room here to add value beyond current rent roll, subject to zoning and permitting review. Cash flow: projected at $6,000+/month across all four units - real numbers on a fully renovated building with no near-term capex looming. Two ways to own this: House-hack it - live in one of the 2-bed units and let the other three cover your mortgage, taxes, and insurance, with a fully renovated home from day one and no rehab weekends. Or hold it as a retirement asset - over $6,000/month in projected cash flow from a fully renovated 4-unit with new systems, low near-term maintenance calls, and four separate income streams to smooth out vacancy risk. Either way, the work's been done - you're buying stabilized cash flow, not a project. Bring your best offer - this one won't need a punch list....
Contact an agent
Home facts
- Year built:1898
- Listing ID #:12739879
- Updated:October 29, 2026 at 09:31 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:29
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1898
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Tax amount:$5,419 (2025)
Features and amenities
- Amenities:Multiple Water Heaters, Security System
Parking
- Total parking spaces:4
New listings near 1442 S Springfield Avenue
- New
Active3 beds 3 baths1,320 sq. ft.9059 S Jeffery Boulevard, Chicago, IL 60617
MLS# 12795523Listed by: TRADEMARKS & ASSOCIATES - Open Sat, 12 to 2pmNew
$895,000Active7 beds 4 baths4908 W Byron Street, Chicago, IL 60641
MLS# 12746673Listed by: COLDWELL BANKER REALTY - New
$120,000Active3 beds 1 baths1,142 sq. ft.8801 S Wood Street, Chicago, IL 60620
MLS# 12791489Listed by: GEE EXCLUSIVE REALTY GROUP - Open Sat, 12 to 2pmNew
$419,900Active5 beds 4 baths2,831 sq. ft.7749 S Green Street, Chicago, IL 60620
MLS# 12792510Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$749,000Active3 beds 3 baths1003 S Racine Avenue, Chicago, IL 60607
MLS# 12796205Listed by: OPTION PREMIER LLC - New
$394,000Active8 beds 3 baths1,800 sq. ft.6540 S Artesian Avenue, Chicago, IL 60629
MLS# 12796693Listed by: LUNA REALTY GROUP - Open Sun, 12 to 2pmNew
$740,000Active8 beds 5 baths5759 N Elston Avenue, Chicago, IL 60646
MLS# 12796696Listed by: MPOWER RESIDENTIAL BROKERAGE LLC - New
$289,000Active1 beds 1 baths875 sq. ft.1322 S Prairie Avenue #1611, Chicago, IL 60605
MLS# 12796710Listed by: MANGO REALTY GROUP - New
$155,000Active3 beds 2 baths1,400 sq. ft.8842 S Michigan Avenue, Chicago, IL 60619
MLS# 12796711Listed by: REAL BROKER LLC - New
$379,000Active4 beds 2 baths3069 S Lock Street, Chicago, IL 60608
MLS# 12796713Listed by: LANDMARK PROPERTY GROUP REALTY, LLC