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Renovated 4-Unit Brick Quadplex
New
For Sale
$599,000

1442 S Springfield Avenue, Chicago, IL 60623

Permitted rehabilitation includes updated building systems, separate HVAC equipment, and refreshed kitchens and bathrooms throughout.

Property SizeContact for details
Days on Market6

Property Features for 1442 S Springfield Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,419

Amenities

fenced yard
mature trees
rear deck

Building Details

Year Built 1898
Buildings 1
Construction brick
Listing Agency: Property Plug
Listed By: Brianna Gulia · License #471021902
Source: Harkinsandassociates
Added: Aug 27 Changed: Aug 31 Last Checked: Aug 31 at 9:36PM

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 Property Plug

Investment Insights

Based on property information with market context.

This 4-unit brick quadplex, built in 1898, has undergone a permitted, comprehensive renovation. Improvements include new electrical and plumbing systems, windows, roofing, rear porches, flooring, kitchens, and bathrooms. Each unit has its own furnace and water heater, while the interiors feature quartz countertops, shaker cabinetry, stainless appliances, tiled bathroom surrounds, and durable plank flooring.

The property occupies a double lot with a fenced yard, mature trees, and a reconstructed rear deck and stair system. A community garden, greenhouse, and playground are located nearby. Above the finished units, the attic offers roughly 1,560 sq ft of unfinished space with full-height rafters and a brick chimney. Any future use or conversion would remain subject to zoning and permitting review.

Key Highlights

  • Four‑unit brick quadplex with a permitted comprehensive renovation
  • Separate furnace and water heater serving each unit
  • Double lot with fenced yard, mature trees, and rebuilt rear deck and stairs

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

878
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Permitted rehabilitation includes updated building systems, separate HVAC equipment, and refreshed kitchens and bathrooms throughout.
Where is this quadplex located?
The property is located at 1442 S Springfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four‑unit brick quadplex with a permitted comprehensive renovation; Separate furnace and water heater serving each unit; Double lot with fenced yard, mature trees, and rebuilt rear deck and stairs
More about this property
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