Gorgeous, fully rehabbed Greystone with plenty of income potential. This show stopper has everything a new owner could want, brand new plumbing (2016), new electrical (2016), new roof (full tear-off 2019), new chimney liner (2023), new hot water heaters (2016), new gutters, and MANY more updates throughout! Unit 1 offers restored hardwood floors, beautiful original built-in and more restored woodwork throughout, 2 bedrooms, 1 bathroom, and bonus family room, plus the option to duplex down to the basement once the current lease expires. Unit 2 offers high-end vinyl plank flooring, beautiful built-in and restored original woodwork, 3 bedrooms plus office and 1 bathroom. Extra large back porches give tenants plenty of room to setup up extra living space or just extra storage. Current owners use the basement as a small studio apartment for themselves when visiting the area but could easily be converted into another unit or duplex down from first floor. Unit 1 and unit 2 are currently rented at market value with great tenants through June/July 2025.
Property Details
Property Features
Property Information:
Year Built: 1908
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (708) 524-1100
Listing Agent: Katie Jean Colquhoun
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: Roosevelt to Spaulding then south to property
Price Information
Listing Price Info
Price Summary:
List Price: $425,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $64.6K more than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12177729
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (708) 524-1100
Listing Agent: Katie Jean Colquhoun
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,189
Per Month
Principal & Interest
$2,122
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,341
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Cardenas Elementary School
2345 S Millard Ave
Distance between this listing and this school1.19 miles
Public District Grades PK-3
2
/10
McCormick Elementary School
2712 S Sawyer Ave
Distance between this listing and this school1.54 miles
Public District Grades PK-5
5
/10
Liberty Elementary School
4946 W 13th St
Distance between this listing and this school2.12 miles
Public District Grades PK-3
Nearby Schools
6
/10
Learn Charter - Butler
3021 W Carroll Ave
Distance between this listing and this school0.26 miles
Public Charter Grades KG-8
2
/10
Johnson Elementary School
1420 S Albany Ave
Distance between this listing and this school0.27 miles
Public District Grades PK-8
2
/10
Lawndale Elementary Community Academy
3500 W Douglas Blvd
Distance between this listing and this school0.30 miles
Public District Grades KG-8
Nearby Schools
2
/10
Collins Academy High School
1313 S Sacramento Dr
Distance between this listing and this school0.32 miles
Public District Grades 9-12
3
/10
North Lawndale Preparatory Charter-Collins
1313 S Sacramento Dr
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
2
/10
Noble St Charter-Drw Trading College Preparatory
931 S Homan Ave
Distance between this listing and this school0.36 miles
The neighbors living near this home have an average income of $25,500. Residents of Chicago, IL typically earn less than $35k each year. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1305 S Spaulding Ave
What is the listing price of this property?
The listing price of 1305 S Spaulding Ave property is $425,000.
What type of property is this?
The property 1305 S Spaulding Ave is a house located in Chicago, Illinois, 60623.
Is this property for sale now?
Accepting Backup Offers: 1305 S Spaulding Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 1305 S Spaulding Ave has 6 bedrooms and 3 bathrooms.
Which year was this property built?
The year of construction for 1305 S Spaulding Ave is 1908.
This home is located at 1305 S Spaulding Ave in Chicago, IL and zip code 60623 in the West Side neighborhood. This home was built in 1908. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $425,000.
Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. The number of listings in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024 median list price was $360,336 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.