$1,475,000
SOLD APR 15, 2026

2955 N Spaulding Ave Chicago, IL 60618

Avondale Neighborhood
-- Bed
-- Bath
2,400 Sq Ft
1886 Built

Sale Details

Date Sold: April 15, 2026

$615 Per Sq Ft

8% Below List Price

21 on Market

About This Home

As of April 2026

Avondale 7-Unit. This well-maintained property offers a diverse mix of apartments, including a spacious four-bedroom duplex-up, three two-bed/one-bath units, two one-bed/one-bath units, and a garden apartment that also leases the attached coach house. Together, they provide over 7,000 sq. ft. of rentable space across a 3&1/2-story all-brick front building and a single-story all-brick coach house. Each unit features refinished hardwood floors, updated kitchens and baths, and individual gas heat and hot water tanks. Four units enjoy private in-unit laundry, while additional common laundry is available in the basement. The property has benefited from significant recent capital improvements, including a new sewer connection (2022), gutters (2021), basement sump pump and flood prevention system (2020), and new basement windows (2020). Ideally located just two blocks from the Blue Line and steps from the heart of Logan Square's dining and entertainment scene, this property consistently attracts tenants. A strong cash-flowing investment in one of Chicago's most in-demand neighborhoods.

Last Agent to Sell the Property

Steven Powers

Century 21 S.G.R., Inc. License #475146920 Listed on: 09/11/2025

Century 21 S.G.R., Inc.

Co-Listed By

Daniel Brandner

Century 21 S.G.R., Inc. License #475176760

Last Buyer's Agent

Steven Powers

Century 21 S.G.R., Inc. License #475146920 Listed on: 09/11/2025

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,050

Year Built

  • Built in 1886

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 200+ Amp Service

Additional Features

  • 3-Story Property
  • Lot Dimensions are 24 x 123
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $867
  • Insurance Expense $2,246
  • Maintenance Expense $1,670
  • Trash Expense $342
  • Water Sewer Expense $1,541
  • Operating Expense $20,038
  • Gross Income $144,300
  • Net Operating Income $124,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,050

Year Built

Built in 1886

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1886
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Possible Use: Condominium, Multi-Family
  • Fireplaces: 3
  • Dishwashers: 7
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 3
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone
  • Frontage Type: City Street

Utilities

  • Cooling: None
  • Electric: Service - 201 to 600 Amps
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas,Hot Water,Separate Per Unit

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 342
  • Water Sewer Expenses: 1541

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24 X 123
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 124262
  • Insurance Expense: 2246
  • ElectricExpense: 867
  • GrossIncome: 144300
  • Maintenance Expense: 1670
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 20038
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10050
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 Sold $1,475,000 -7.8% $615 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
09/11/2025 09/11/25 For Sale $1,600,000 -- $667 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,051 $54,577 $12,841 $41,736
2024 $10,051 $54,577 $12,841 $41,736
2023 $9,797 $47,470 $10,335 $37,135
2022 $9,797 $47,470 $10,335 $37,135
2021 $17,553 $87,002 $10,334 $76,668
2020 $6,334 $28,329 $4,723 $23,606
2019 $5,875 $32,563 $4,723 $27,840
2018 $5,754 $32,563 $4,723 $27,840
2017 $4,348 $23,572 $4,132 $19,440
2016 $5,009 $27,508 $4,132 $23,376
2015 $4,850 $29,092 $4,132 $24,960
2014 $3,342 $20,582 $3,542 $17,040
2013 $3,929 $24,230 $3,542 $20,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12463238

Midwest Real Estate Data (MRED)

APN: 13262200020000

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