OFF MARKET

Off market mar 2022 for $490K

$635,810

Est. refi paymentEst. refi $3,899/mo

•

7,000

sq ft

1616 S Springfield Ave, Chicago, IL 60623

About this home

Here is your chance to own legal 4 unit building in the heart of North Lawndale. Beautiful solid brick building, roof work done in 2016. Spacious, sunny, open floor plan, & beautiful hardwood. 3 units with 3 bedrooms & one bath. Garden apartment has 2 bedroom. Additional sun rooms in 3 units. Coin Operated Laundry in the building. Individual gas & electric for each unit. Excellent transportation with the "pink" Metra line 4 blocks away. Fully Gated and secured. Grammar school across the street. Three units are occupied, 2 OF THE UNITS HAS BEEN RECENTLY REMODELED WITH GRANITE COUNTERTOPS KITCHEN. Call and start collecting rent now! OWNER IS REAL ESTATE MANAGING BROKER IN STATE OF ILLINOIS

Multi-familyProperty Type

1906Year Built

3,050 sq ftLot Size

$91Est. Price/Sq.Ft.

2 spacesParking

Listed by David Jaracz • Savvy Properties Inc

Bought with Francisco Quintero Jr. • Golden Homes Real Estate Inc.

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #11311261

Redfin Estimate

$635,810

$146K since sold in March 2022$51K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 49.6% higher than the average sale price ($425K) of 5 comparable homes.

SOLD JUN 3, 2026
$420,000
A
9 beds3 baths— sq ft
1529 S Homan Ave, Chicago, IL 60623
SOLD MAR 31, 2026
$417,000
B
7 beds3 baths— sq ft
1637 S Saint Louis Ave, Chicago, IL 60623
SOLD FEB 9, 2026
$475,000
C
9 beds3 baths— sq ft
1839 S Drake Ave, Chicago, IL 60623
SOLD AUG 13, 2026
$332,500
D
9 beds3 baths— sq ft
3712 W Grenshaw St, Chicago, IL 60624
SOLD FEB 24, 2026
$480,715
E
7 beds3 baths— sq ft
1540 S Ridgeway Ave, Chicago, IL 60623

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Earn from this home

Sell

$247,745

Est. take-home

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Refinance

Est. cash available

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Market trends in North Lawndale, IL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

96.9%

0.5% MoM

Median sale price

$309K

$34K MoM

Avg. days on market

90d

8 days MoM

Recently sold homes

4 MoM

New listings for sale

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$299,999
— beds— baths3,840 sq ft
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NEW 21 HRS AGO
$599,900
6 beds4 baths— sq ft
2616 S Albany Ave, Chicago, IL 60623
NEW 29 HRS AGO
$499,959
9 beds3 baths— sq ft
2124 S Trumbull Ave, Chicago, IL 60623
$475,000
6 beds2.5 baths— sq ft
1949 S Christiana Ave, Chicago, IL 60623
$459,000
5 beds3 baths— sq ft
3012 S Pulaski Rd, Chicago, IL 60623
$465,000
5 beds3 baths— sq ft
2248 S Kolin Ave, Chicago, IL 60623
$320,000
3 beds2 baths1,824 sq ft
1610 S Saint Louis Ave, Chicago, IL 60623
1525 S Lawndale Ave, Chicago, IL 60623
$244,900
3 beds1.5 baths1,381 sq ft
1525 S Lawndale Ave, Chicago, IL 60623
$430,000
9 beds6 baths— sq ft
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$599,999
12 beds3 baths— sq ft
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See all

Provided by Redfin

Sale history for 1616 S Springfield Ave

Date

Event

Price

MRED as Distributed by MLS Grid #11311261

Mar 31, 2022

Sold (MLS) (Closed)

$490,000

$70/sq ft

Feb 14, 2022

Contingent (Contingent - No Showings)

—

Jan 31, 2022

Pending (Active Under Contract (Do Not Show))

—

Jan 25, 2022

Listed (Active)

$485,000

$69/sq ft

Public Records

Jul 10, 2020

Sold

$305,000

$44/sq ft

MRED as Distributed by MLS Grid #10616366

May 27, 2020

Sold (MLS) (Closed Sale)

$305,000

$44/sq ft

Feb 19, 2020

Relisted (Contingent (Do Not Show))

—

Jan 30, 2020

Contingent (Contingent (Do Not Show))

—

Jan 30, 2020

Listing Removed

—

Jan 30, 2020

Listing Removed

—

Jan 22, 2020

Price Changed

$325,000

$46/sq ft

Jan 22, 2020

Listed (New)

$325

$0/sq ft

New remodeled vintage 4-unit walk-up located in the heart of North Lawndale. Beautiful solid brick building, roof work done in 2016. Spacious, sunny, open floor plan, & beautiful hardwood. 3 units with 3 bedrooms & one bath. Garden apartment has 1 bedroom. Additional sun rooms in 3 units. Room for washer/dryer in the walk-in pantry. Individual gas & electric. Excellent transportation with the "pink" Metra line 4 blocks away. Grammar school across the street. Three units are occupied, floors 1-3. Call and start collecting rent now!

MRED as Distributed by MLS Grid #09716646

Sep 30, 2017

Listing Removed

—

Sep 15, 2017

Contingent

—

Public Records

Apr 19, 2000

Sold

$95,000

$14/sq ft

Public Records

Mar 10, 2000

Sold

$95,000

$14/sq ft

Public Records

Apr 30, 1992

Sold

$123,000

$18/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$2,578 (+2.6%)

$4,489 + $41,511

$46,000

2022

$2,513 (+2.3%)

$3,637 + $8,538

$12,175

2021

$2,456 (−35.9%)

$3,637 + $8,538

$12,175

2020

$3,834 (−3.5%)

$3,637 + $13,515

$17,152

2019

$3,974 (+1.7%)

$3,637 + $16,079

$19,716

2018

$3,907 (+113.9%)

$3,637 + $16,079

$19,716

2017

$1,827 (−45.0%)

$3,250 + $13,331

$16,581

2016

$3,321 (+9.3%)

$3,250 + $13,331

$16,581

2015

$3,038 (−24.6%)

$3,250 + $13,331

$16,581

2014

$4,031 (+2.0%)

$3,096 + $18,631

$21,727

2013

$3,951 (+1.3%)

$3,096 + $18,631

$21,727

2012

$3,899 (+113.1%)

$3,096 + $18,631

$21,727

2011

$1,829 (−60.4%)

$4,334 + $28,898

$33,232

2010

$4,619 (+8.5%)

$4,334 + $28,898

$33,232

2009

$4,257 (+13.1%)

$4,334 + $28,898

$33,232

2008

$3,763 (+11.3%)

$5,077 + $27,873

$32,950

2007

$3,381

$5,077 + $27,873

$32,950

Tax history for 1616 S Springfield Ave

Year

Property tax

Land + Additions

Assessment*

2023

$2,578 (+2.6%)

$4,489 + $41,511

$46,000

2022

$2,513 (+2.3%)

$3,637 + $8,538

$12,175

2021

$2,456 (−35.9%)

$3,637 + $8,538

$12,175

2020

$3,834 (−3.5%)

$3,637 + $13,515

$17,152

2019

$3,974 (+1.7%)

$3,637 + $16,079

$19,716

2018

$3,907 (+113.9%)

$3,637 + $16,079

$19,716

2017

$1,827 (−45.0%)

$3,250 + $13,331

$16,581

2016

$3,321 (+9.3%)

$3,250 + $13,331

$16,581

2015

$3,038 (−24.6%)

$3,250 + $13,331

$16,581

2014

$4,031 (+2.0%)

$3,096 + $18,631

$21,727

2013

$3,951 (+1.3%)

$3,096 + $18,631

$21,727

2012

$3,899 (+113.1%)

$3,096 + $18,631

$21,727

2011

$1,829 (−60.4%)

$4,334 + $28,898

$33,232

2010

$4,619 (+8.5%)

$4,334 + $28,898

$33,232

2009

$4,257 (+13.1%)

$4,334 + $28,898

$33,232

2008

$3,763 (+11.3%)

$5,077 + $27,873

$32,950

2007

$3,381

$5,077 + $27,873

$32,950

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,050

Year renovated

2022

Sq. Ft.

7,000

Year built

1906

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

16233010260000

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Jul 29, 2022.

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
Parking: None

Interior

Bathroom Information
# of Baths (Full): 4

Bedroom Information
# of Bedrooms: 11
# of Bedrooms Possible: 11

Additional Rooms Information
Basement: Full
Basement Description: Partially Finished,Unfinished

Interior Features
# of Rooms: 21

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Community Information
Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: None
Security Deposit: 0
Rent: $1,000
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM

Unit Type 2 Information
Floor Number: 2
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: None
Rent: $1,150
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM

Unit Type 3 Information
Floor Number: 3
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: None
Rent: $1,150
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM

Unit Type 4 Information
Floor Number: 4
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: None
Rent: $1,400
Tenant Pays: Electric,Gas
Lease Expiration Date: VACAN

Exterior

Exterior Features
Exterior Features: Balcony

Building Information
# Of Units in Building: 4
Exterior Building Type: Brick
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Flat
Foundation Details: Concrete Perimeter

Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 16233010260000

Lot Information
Dimensions: 125X25
Lot Size: Less Than .25 Acre
Lot Features: Fenced Yard
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $3,833
Tax Year: 2020

Financial Information
Finance Code: FHA
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air

Location

School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299

Location Information
Township: Jefferson
Corporate Limits: Chicago
Directions: I-94 to 290 West to Independence to Pulaski south to 16th St. East to Springfield South

Public facts

Beds: 14
Baths: 4.0
Sq. Ft.: 7,000
Stories: 3.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 3,050 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1906
Year Renovated: 2022
County: Cook County
APN: 16233010260000
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Jul 29, 2022

Other

Expense Information
Water Sewer Expense: $250
Water Expense Source: Owner Projection
Electric Expense: $15
Insurance Expense: $2,000

Listing Information
Holds Earnest Money: No
Possession: Closing

Teams Information
Buyer Team Name: The Q Team

Around this home

Schools

Penn Elementary School

Public PreK-8 • Assigned • 0.0mi

2/10

Infinity Math Science & Tech High School

Public 9-12 • Assigned • 1.7mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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)

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

Estimated sale price

$686,000 – $831,000

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Home values near 1616 S Springfield Ave

Data from public records.

Address	Redfin Estimate
1636 South Springfield Ave, Chicago, IL 12 Beds \| 6 Baths \| 6141 Sq. Ft.	—
1620 South Springfield Ave, Chicago, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$302,415

Address	Redfin Estimate
1614 South Springfield Ave, Chicago, IL 8 Beds \| 2 Baths \| - Sq. Ft.	$261,797
1637 South Springfield Ave, Chicago, IL 10 Beds \| 5 Baths \| - Sq. Ft.	$381,707

Address	Redfin Estimate
1630 South Springfield Ave, Chicago, IL 9 Beds \| 3 Baths \| - Sq. Ft.	$431,483
1644 South Springfield Ave, Chicago, IL 4 Beds \| 2 Baths \| 2272 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in North Lawndale, IL

Sale history for 1616 S Springfield Ave

Tax history for 1616 S Springfield Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60623

Home values near 1616 S Springfield Ave

More real estate resources