$205,000
- 7 Beds
- 2 Baths
- 2,188 sqft
1316 S Springfield Ave, Chicago, IL 60623
Currently Off Market - Sold Feb 7, 1996 for $115,000
Home Value
Trulia Estimate
$205KSince last month
Decreased$6K (-2.9%)Since last year
Decreased$12K (-5.7%)Since last sale
Increased$90K (+78.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -23% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $205K |
| August 2026 | $204K |
| July 2026 | $211K |
| June 2026 | $227K |
| May 2026 | $249K |
| April 2026 | $246K |
| March 2026 | $235K |
| February 2026 | $239K |
| January 2026 | $246K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | $125,000 | 04/08/26 | 5 | 3 | 2,505 | |
0.29 | Multi-Family Home | $190,000 | 03/25/26 | 6 | 2 | 1,520 | |
0.35 | Multi-Family Home | $175,000 | 11/28/25 | 6 | 3 | 2,868 | |
0.29 | Multi-Family Home | $130,000 | 07/01/26 | 6 | 3 | 3,430 | |
0.37 | Multi-Family Home | $326,032 | 02/04/26 | 4 | 2 | 1,992 | |
0.54 | Multi-Family Home | $185,000 | 05/12/26 | 5 | 2 | 2,748 | |
0.21 | Multi-Family Home | $117,000 | 11/18/25 | 6 | 2 | - | |
0.22 | Multi-Family Home | $345,000 | 06/29/26 | 2 | 2 | 1,600 | |
0.35 | Multi-Family Home | $393,656 | 02/04/26 | 4 | 3 | 2,474 | |
0.38 | Multi-Family Home | $363,000 | 09/10/25 | 3 | 2 | 1,758 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $296,300 | 3 | 1.5 | 1,439 | Off Market | |
0.02 | $325,000 | 5 | 2 | - | Recently Sold | |
0.06 | $285,000 | 9 | 3 | - | Recently Sold | |
0.07 | $50,000 | - | - | - | For Sale | |
0.06 | $96,300 | 8 | 3 | - | Off Market | |
0.07 | $600,000 | 4 | 2.5 | 2,090 | For Sale | |
0.07 | $412,600 | 4 | 4 | 2,477 | Off Market | |
0.09 | $600,000 | 4 | 2.5 | 2,090 | For Sale | |
0.10 | $468,800 | 7 | 3 | - | Off Market | |
0.10 | $514,000 | 9 | 3 | - | Off Market | |
0.10 | $600,000 | 4 | 2.5 | 2,090 | For Sale | |
0.11 | $505,000 | 9 | 3 | - | Recently Sold |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1905
2,188 sqft
$94/sqft
About this House
Two-Flat AS-IS. 4-Beds up, 3-Beds on the first floor. Unfinished basement area. Property priced but we are entertaining all offers. Second floor unavailable for showings due to Cover-19 and Tenants rights. Will show upon serious contract. First floor available for showing anytime before 9PM. Great investment property. Live on the first floor rent out the second. Call listing agent for more info.
1316 S Springfield Ave, Chicago, IL 60623 is a 7 bedroom, 2 bathroom, 2,188 sqft multi-family in Lawndale, built in 1905. It last sold for $115,000 on Feb 7, 1996. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $205,000, with a rent estimate of $1,774/month.
Home Details for 1316 S Springfield Ave
|
|---|
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Interior Details Number of Rooms: 10 |
|
|---|
Exterior Home Features Roof: OtherExterior: Stone |
Parking & Garage Parking Spaces: 2 |
|
|---|
Year Built Year Built: 1905 |
Property Type / Style Property Type: Multi Family |
|
|---|
Units in Building: 2 |
|
|---|
Lot Area: 3125 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 11, 2021 Source: RE/MAX International | ListingRemoved | |
Dec 25, 2020 Source: Agent Provided | PriceChange | $215,000 Price decreased by 2% |
Nov 20, 2020 Source: Agent Provided | PriceChange | $220,000 Price decreased by 2% |
Nov 11, 2020 Source: Agent Provided | PriceChange | $225,000 Price decreased by 18% |
Aug 30, 2020 Source: Agent Provided | PriceChange | $275,000 Price increased by 12% |
Jul 27, 2020 Source: Agent Provided | PriceChange | $245,000 Price decreased by 11% |
May 23, 2020 Source: Agent Provided | Listed For Sale | $275,000 |
Feb 7, 1996 Source: N/A | Sold | $115,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,757 | $196,000 |
Home facts updated by county records
Market trends in Chicago
Last updated July 2026
Avg. sale price
$389K
$10.33KMoM
Sale-to-List Price
100.2%
0.2%MoM
Price per sq ft
$294
$8MoM
Available listings
5488
263MoM
Around this home
What Locals Say about Lawndale
At least 496 Trulia users voted on each feature.
93 % Say there are sidewalks
71 % Say car is needed
67 % Say there's holiday spirit
64 % Say yards are well-kept
64 % Say streets are well-lit
61 % Say parking is easy
59 % Say it's walkable to restaurants
58 % Say it's dog friendly
57 % Say kids play outside
49 % Say neighbors are friendly
47 % Say it's walkable to grocery stores
41 % Say there are community events
38 % Say there's wildlife
37 % Say they plan to stay for at least 5 years
31 % Say it's quiet
22 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1316 S Springfield Ave
- What is 1316 S Springfield Ave estimated to be worth?Trulia's estimated value for 1316 S Springfield Ave in Chicago, IL is $205,000.
- What is the price history for 1316 S Springfield Ave?1316 S Springfield Ave in Chicago, IL last sold for $115,000 in February 1996.
- Is Chicago a buyer's or seller's market?Chicago is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Chicago?The median sale price in Chicago is $389K. That is up $10.33K from the prior month.
- Does 1316 S Springfield Ave have parking?Yes, 1316 S Springfield Ave in Chicago, IL has on-site parking.

