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Description
Welcome to this beautifully updated townhouse located in Chicago's highly desirable Northwest Side near the vibrant Albany Park / Irving Park neighborhood! This move-in ready 2-bedroom, 1.5-bath home offers over 1,100 sq ft of functional living space-perfect for first-time buyers looking to purchase a home, savvy investors looking for another rental property under their portfolio, or downsizers seeking low-maintenance living with long-term value. Step inside to find major updates like the freshly painted interiors (2025), newly varnished flooring (2025), the newer kitchen flooring (2024), and a NEWER ROOF (2024)! What truly sets this home apart? NO HOA FEES-a rare find that keeps monthly costs low and makes this an attractive option for both owner-occupants and investors. Location is everything, and this property delivers. Situated in a highly walkable neighborhood with easy access to local parks, restaurants, and everyday conveniences, you'll enjoy the best of city living with a neighborhood feel. Independence Park is just minutes away, offering green space, recreation, and community events. The area is known for its strong sense of community, tree-lined streets, and diverse dining scene, with cuisines from around the world just steps away. This prime location also offers convenient access to several nearby colleges and universities, including Northeastern Illinois University, North Park University, and DePaul University, adding to the area's long-term value and rental appeal. Commuters will appreciate quick access to the CTA Blue Line, Metra, and major highways including I-90/94-making downtown Chicago reachable in approximately 20-30 minutes. Whether you're looking to build equity, generate rental income, or simplify your lifestyle, this property checks all the boxes: updates, location, affordability, and flexibility. Don't miss your opportunity to own in one of Chicago's most connected and rapidly growing neighborhoods-schedule your showing today!
Property Highlights
Property Type: Residential - Townhouse
Total Living Area SF: 1,100
Built in 1957
School District: District 299
Brick Exterior
General Information
Bedrooms: 2
Bathrooms: 2
Sqft: 1,100
County: Cook
Listed By:
Realty of America, LLC
708-788-1900
MRED MLS
MLS ID: 12618356
Room Information
Bedroom 2: 11X9
Family Room: 15X13
Kitchen: 9X7
Laundry: 7X7
Living Room: 16X15
Primary Bedroom: 13X12
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5115 N Springfield Avenue , Unit B, Chicago, IL 60625.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $315,000 | $315,000 | $315,000 |
| Down Payment | $63,000 | $11,025 | $78,750 |
| Monthly Mortgage Amount | $1,491 | $1,854 | $1,915 |
| Taxes | $438 | $438 | $438 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $139 | $0 |
| Monthly Estimated Total | $2,029 | $2,531 | $2,453 |