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$1,595,000

2454 Spaulding Avenue, Chicago, IL 60647
9 Beds4 Baths6 days
2454 Spaulding Avenue·Chicago, IL 60647
9Bedrooms
4Bathrooms
1906Year Built
About This Home

Incredible opportunity to own this amazing income generating property w duplex down owners unit and three rental apartments in one of Chicago's most sought-after neighborhoods. This classic limestone and brick building showcases vintage charm, original woodwork trim, hardwood floors, high 10 foot ceilings, and excellent natural light throughout. The building has been updated while retaining its original character, making it both attractive to renters as well as a secure option for long-term ownership. This meticulously maintained, owner-occupied building features a massive 2,300 sq. ft. owner's duplex-down and two large, additional light-filled, 7-room rental units. The 25-foot-wide structure boasts a newly recoated white sealed roof. The spacious interior rooms feature preserved original vintage features, including 10' ceilings, hardwood floors, classic trim moldings and built-in china hutches. These historic details are seamlessly integrated with modern amenities, including individual central heat and A/C on all four floors (installed within 7 years), updated bathrooms and kitchens with stainless steel appliances and natural, hard-surface countertops. A significant 2024-2025 upgrade includes new energy-efficient Low-E, argon-insulated, foam-filled vinyl windows with exterior self-expanding foam for superior insulation and sound-deadening. The owner's duplex includes a professionally finished lower level featuring 8' ceilings and supplemental in-floor radiant heat. This level offers two bedrooms, a family room, a full bath with a spa-like rainfall walk-in shower, a second full kitchen, and a gorgeous wood-topped bar. The ADU garden apartment is a versatile space which easily converts into a "granny flat." This potential Granny Flat unit (ADU) is fully functioning and ready to go, just needs city docs filed & approval. The vintage-inspired first floor completes the duplex with living and dining areas, kitchen, an office or 4th bedroom, a full bath with a clawfoot tub, and another bedroom with a large walk-in closet and an enclosed sunroom. The two upper-level units each offer 7 rooms, with three bedrooms and one bath, fully updated and currently rented on a month-to-month basis for maximum owner flexibility. The building's exterior matches the interior quality, featuring a recently cleaned greystone facade, low-maintenance landscaping, and a large, beautifully treed yard. Exceptional infrastructure updates include three newer water heaters, re-sided and repaired enclosed porches, white-seal roof coating, high capacity gutter & heat tape to prevent ice damming. The property is rounded out with a 2-car garage with new doors and openers, plus a private driveway for two additional cars and a new combination-lock side gate for added security. Current rents are at market value with month to month leases presenting significant upside potential for investors or live in owners. Ideally located on quiet Spaulding Ave and Altgeld St. yet near Logan Square corridors, walk to popular restaurants, nightlife retail and major CTA transit lines for downtown access. Ideal flexibility as a live in investment opportunity.

MLS# 12592302Listed March 17, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms4
Total Rooms17

Size & Structure

Garage Spaces2
Year Built1906
Lot Size0.080 acres

Location

CountyCook
TownshipNorth Chicago
Zip Code60647

Financial

List Price$1,595,000
Annual Taxes (2024)$17,479
Monthly Tax Est.$1,457
Parcel #13264270140000
Interior Features

Heating

Natural GasElectricRadiantIndv ControlsZoned

Basement

FinishedFull
Exterior & Lot

Construction

BrickStone

Roof

RubberFlat

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerCarportYesOtherDetachedGarage
Tax & Financial
Annual Taxes
$17,479
Tax Year 2024
Monthly Tax Est.
$1,457
per month
Property Location

2454 Spaulding Avenue, Chicago, IL 60647 — Cook County

$1,595,000
2454 Spaulding Avenue
9 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
2-car garage
0.080 acres
$17,479/yr taxes
$9,839
estimated monthly payment
Principal & Interest
$8,382/mo
Property Tax
$1,457/mo
$1,595,000
20% — $319,000
3%50%
6.875%
3%12%
Loan Amount
$1,276,000
Down Payment
$319,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Real Estate Group
Agent: Thomas Tomek
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