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851 Springfield ave - Humbolt Park New Construction 2-Unit 2 Unit Apartment Building Offered at $620,000 Chicago, IL 60651
Executive Summary
OWNER-OCCUPIED BUYERS ONLY! QUALIFIES FOR 20,000 GRANT FROM THE COUNTY. ANOTHER PROJECT BY AN AWARD WINNING DEVELOPER - GT ALTERNATIVES LLC. This gorgeous 2 unit is expected to be completed in July, 2026 and features 4 bedrooms and 2 bathrooms in the duplex down first floor unit with white shaker designer kitchen cabinets, a large peninsula, quartz counters, stainless steel appliances and engineered floors throughout. The second floor unit has 2 bedrooms and 1 bath. There is a brand new 2-car garage, 2-story back porch, and much more. Great investment opportunity. This one has STEEL STEPS AND STEEL RAILING! Pictures are taken from another property of the same developer.
Property Facts
| Price | $620,000 | Average Occupancy | 0% |
| Price Per Unit | $310,000 | No. Stories | 3 |
| Sale Type | Investment | Year Built | 2026 |
| No. Units | 2 | Parking Ratio | 0.56/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Building Size | 3,600 SF |
| Price | $620,000 |
| Price Per Unit | $310,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 3,600 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 0.56/1,000 SF |
| Opportunity Zone |
Yes |
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Very bikeable
80/100
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851 Springfield ave - Humbolt Park New Construction 2-Unit
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