Recently rehabbed to the studs. Great location, close to downtown. Each of the 3 units includes High-End finishes, Stainless steel appliances, Washer/Dryer in the Basement. High-End bathrooms. Central Air/Heat. Good-sized bedrooms. Large Living/Dining. Parking is in the back Fully rented with great tenants. Listed at a 9-CAP! Perfect for investors
VERY ATTACTIVE GRAYSTONE 2 FLAT BUILDING CLOSE TO ROSEVELT AVE. BUILDING WAS COMPLETELY REMODELED 2 YEARS AGO. BANK OWNED-SOLD AS IS, NO DISCLOSURES. TAXES PRORATED 100%. CASH DEALS OR REHABS LOANS ONLY. VERY GOOD INVESTMENT OPORTUNUTY. EASY TO SHOW. CALL FOR YOUR APPOITMENTS.
Public Records
Oct 24, 2007
Sold
$385,000
MRED as Distributed by MLS Grid #06493358
May 2, 2007
Listing Removed
—
Public Records
Mar 29, 2005
Sold
$210,000
Public Records
Nov 4, 1999
Sold
$135,000
Public Records
Sep 7, 1999
Sold
$56,000
Year
Property tax
Land + Additions
Assessment*
2023
$2,117 (+2.6%)
$4,531 + $16,469
$21,000
2022
$2,064 (+2.3%)
$3,671 + $6,328
$9,999
2021
$2,017 (−14.0%)
$3,671 + $6,328
$9,999
2020
$2,346 (−3.5%)
$3,671 + $6,827
$10,498
2019
$2,432 (+1.7%)
$3,671 + $8,396
$12,067
2018
$2,391 (−28.2%)
$3,671 + $8,396
$12,067
2017
$3,329 (+7.8%)
$3,281 + $12,132
$15,413
2016
$3,087 (+9.3%)
$3,281 + $12,132
$15,413
2015
$2,824 (−4.5%)
$3,281 + $12,132
$15,413
2014
$2,956 (+2.0%)
$3,125 + $12,810
$15,935
2013
$2,898 (+1.3%)
$3,125 + $12,810
$15,935
2012
$2,859 (−16.0%)
$3,125 + $12,810
$15,935
2011
$3,406 (−0.4%)
$4,375 + $16,644
$21,019
2010
$3,420 (+4.4%)
$4,375 + $16,644
$21,019
2009
$3,278 (+4.5%)
$4,375 + $16,644
$21,019
2008
$3,137 (+1.0%)
$5,124 + $16,744
$21,868
2007
$3,106
$5,124 + $16,744
$21,868
Tax history for 1227 S Springfield Ave
Year
Property tax
Land + Additions
Assessment*
2023
$2,117 (+2.6%)
$4,531 + $16,469
$21,000
2022
$2,064 (+2.3%)
$3,671 + $6,328
$9,999
2021
$2,017 (−14.0%)
$3,671 + $6,328
$9,999
2020
$2,346 (−3.5%)
$3,671 + $6,827
$10,498
2019
$2,432 (+1.7%)
$3,671 + $8,396
$12,067
2018
$2,391 (−28.2%)
$3,671 + $8,396
$12,067
2017
$3,329 (+7.8%)
$3,281 + $12,132
$15,413
2016
$3,087 (+9.3%)
$3,281 + $12,132
$15,413
2015
$2,824 (−4.5%)
$3,281 + $12,132
$15,413
2014
$2,956 (+2.0%)
$3,125 + $12,810
$15,935
2013
$2,898 (+1.3%)
$3,125 + $12,810
$15,935
2012
$2,859 (−16.0%)
$3,125 + $12,810
$15,935
2011
$3,406 (−0.4%)
$4,375 + $16,644
$21,019
2010
$3,420 (+4.4%)
$4,375 + $16,644
$21,019
2009
$3,278 (+4.5%)
$4,375 + $16,644
$21,019
2008
$3,137 (+1.0%)
$5,124 + $16,744
$21,868
2007
$3,106
$5,124 + $16,744
$21,868
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Sq. Ft.
2,340
Year built
1896
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
16231020100000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 2026.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Parking (Total): 3
Interior
Bathroom Information
# of Baths (Full): 3
Bedroom Information
# of Bedrooms: 9
# of Bedrooms Possible: 9
Interior Features
# of Rooms: 15
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
Security Deposit: 0
Rent: $1,400
Tenant Pays: Electric,Gas
Lease Expiration Date: Friday, May 1, 2026
Unit Type 2 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
Security Deposit: NA
Rent: $1,700
Tenant Pays: Electric,Gas
Lease Expiration Date: Wednesday, April 1, 2026
Unit Type 3 Information
Floor Number: 3
# of Rooms: 6
# of Bedrooms: 4
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
Security Deposit: NA
Rent: $1,800
Tenant Pays: Electric,Gas
Lease Expiration Date: Friday, May 1, 2026
Exterior
Building Information
# Of Units in Building: 3
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick, Stone
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): Yes
Rebuilt Year: 2023
Rehab (Y/N): Yes
Rehab Year: 2023
Parcel Number: 16231020100000
Lot Information
Dimensions: 25 X 125
Lot Size: Standard Chicago Lot
Financial
Tax Information
Tax Annual Amount: $2,116.93
Tax Year: 2023
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: Roosevelt Rd to Springfield South to Address
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,340
Stories: 2.0
Lot Size: 3,125 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1896
Year Renovated: —
County: Cook County
APN: 16231020100000
Home facts updated by county records on Sep 17, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Herzl Elementary School
Public PreK-8 • Assigned • 0.3mi
2/10
Manley Career Academy High School
Public 9-12 • Assigned • 1.2mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60623
Average low and high temperatures (°F)
31
17
39
25
55
36
62
44
69
52
82
65
86
71
82
68
79
62
68
52
52
40
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Work with an experienced agent and save on fees. 3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.