$649,999
2501 S Springfield Avenue
Chicago, IL, 60623
This 9-unit building is in need of a full gut rehab and offers incredible potential for restoration or redevelopment. The warehouse portion of the building was originally a cookie factory and offers ample space for creative use or future expansion. The building retains unique industrial elements such as exposed brick, steel beams, and original architectural features. Additionally, the property features two large attached 3-car garages, providing parking for up to 6 vehicles-ideal for tenants or development use. Currently uninhabitable – Perfect for investors looking to breathe new life into a historic space with substantial upside.
Property Details
Price:
$649,999
MLS #:
MRD12205806
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – South Lawndale
Listed Date:
Nov 7, 2024
Year Built:
1917
Schools
Interior
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$12,444
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Commercial in Chicago as of Sep 16, 2025
1,100
Commercial Listed
164
Avg DOM
153
Avg $ / SqFt
$1,023,857
Avg List Price
Community
- Address2501 S Springfield Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
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Property Summary
- 2501 S Springfield Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $649,999 To schedule a showing of MLS#mrd12205806 at 2501 S Springfield Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2501 S Springfield Avenue
Chicago, IL
