Search
Two-Unit Greystone Building
For Sale
$215,000

1220 S Springfield Avenue, Chicago, IL 60623

1905 multifamily property with distinct unit layouts, basement storage, outdoor space, and convenient regional access.

Property SizeContact for details
Days on Market130

Property Features for 1220 S Springfield Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 3BR/1BA, 1 x 4BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,038

Amenities

in unit laundry
back porch
large yard

Building Details

Year Built 1905
Buildings 1
Construction Greystone
Listing Agency: Chicago Area Realty Inc
Listed By: Grazyna Przybysz · License #475121869
Source: Harkinsandassociates
Added: Mar 31 Changed: Aug 5 Last Checked: Aug 6 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago Area Realty Inc

Investment Insights

Based on property information with market context.

Built in 1905, this two-unit Greystone multifamily property offers separate residential layouts across the first and second floors. The first-floor residence includes living and dining rooms, three bedrooms, a large kitchen, a full bathroom, and in-unit laundry. The upper unit provides a living room, large kitchen, four bedrooms, and a full bathroom. High ceilings contribute to the building’s interior character, while separate heating serves the second floor.

Additional improvements include a full basement with exterior entry, a rear porch, and a large yard. The property is located in Chicago’s North Lawndale neighborhood at 1220 S Springfield Avenue, with expressway access and downtown Chicago within a short distance. The building is offered as-is.

Key Highlights

  • Two‑unit Greystone multifamily property built in 1905
  • First‑floor unit with 3 bedrooms and in‑unit laundry
  • Second‑floor unit with 4 bedrooms and separate heat

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - 1905 multifamily property with distinct unit layouts, basement storage, outdoor space, and convenient regional access.
Where is this duplex located?
The property is located at 1220 S Springfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit Greystone multifamily property built in 1905; First‑floor unit with 3 bedrooms and in‑unit laundry; Second‑floor unit with 4 bedrooms and separate heat
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message