2501 South Springfield, Chicago IL 60623
Property Description
This 9-unit building is in need of a full gut rehab and offers incredible potential for restoration or redevelopment. The warehouse portion of the building was originally a cookie factory and offers ample space for creative use or future expansion. The building retains unique industrial elements such as exposed brick, steel beams, and original architectural features. Additionally, the property features two large attached 3-car garages, providing parking for up to 6 vehicles-ideal for tenants or development use. Currently uninhabitable - Perfect for investors looking to breathe new life into a historic space with substantial upside.
Features & Information
Key Details
- List Price $799,999
- Property Taxes $12,444
- Price/ Sq. Ft. Unavailable
- Year Built 1917
- Status Active
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Gas, Radiators
Location
- County Cook
- Directions to Property 26th Street To Springfield, North One Block To Address
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Property Taxes
- Tax 12444
- Parcel Identification Number 16261200010000
Listed by Alexander Partida for Realty of America, LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/22/2024 9:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Little Village
Little Village, or South Lawndale as it was formerly known, is an area ripe with culture. Today it is a predominantly Mexican-American neighborhood, but in years past it has been host to ethnic groups such as Italians, Czechs, Irish, Croatians and Slovenians. These days, Little Village is fast becoming a popular neighborhood for young families looking for quality housing at affordable prices. New condominiums and vintage flats are a big draw for first-time homebuyers, while detached homes and brick bungalows catch the eye of families and folks who like a little more space. The neighborhood's strong Hispanic heritage is apparent in the multitude of excellent Mexican restaurants, Spanish-named stores and specialty grocery items you can get here. And there is no doubt Little Village residents take pride in their roots when the Mexican Independence Day Parade comes through each year, serenaded by mariachi bands and a sea of spectators dressed in Mexico's colors – red, white and green.
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