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830 N Springfield Ave, Chicago, IL, 60651

6beds
3baths
--sqft
$75,000
--price/sqft
$679/moest. monthly cost
$27,160/yrincome needed

About This Home

Rare Investment Opportunity with Adjacent Lot in Humboldt Park! Don't miss this rare opportunity to own a solid 3-unit building plus the adjacent lot at 828 N Springfield in the rapidly growing Humboldt Park area. This versatile property is ideal for investors or owner-occupants looking to build equity while generating strong rental income. The building features three spacious units, including one 2-bedroom, 1-bath unit and two 3-bedroom, 1-bath units, offering excellent layout flexibility and tenant appeal. All three units have separate utilities, making management efficient and cost-effective. Well-maintained home located in a rapidly growing area of Humboldt Park. This property offers strong equity potential and solid bones for the right buyer with vision. Surrounded by ongoing development, this is an opportunity to get in early while the area continues to appreciate. The property is move-in ready and has been cared for by a hands-on owner, with pride of ownership evident throughout. Comparable homes in the area are selling for significantly higher, making this an excellent value with upside potential. The additional lot at 828 N Springfield provides even more possibilities-expand, build new, create outdoor space, or hold for future appreciation. Property is being sold as-is. Schedule your showing today to fully appreciate everything this opportunity has to offer.

Getting Around

57
WalkingSomewhat Walkable
63
TransitGood Transit
67
BikeBikeable

Schools

3/10
Ward L Elementary SchoolGrades PK-80.3 mi
1/10
Orr Academy High SchoolGrades 9-120.2 mi

Construction

Materials

  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 16023260290000
  • Special condition: None

Parking

  • Total spaces: 4
  • Parking features: Off Site,Detached,Yes,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $379$4,548
Home Insurance *$62$744
Property Taxes $108$1,296
Electricity $130$1,569
Total$679$8,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,280/yr
40% on housing$20,370/yr
45% on housing$18,106/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60651$248
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60651$187
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Price change$474,999
2026-03-21Listed for sale$499,999

For Sale by Agent

AgentJertheus Butts
BrokerageColdwell Banker Realty

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