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Humbolt Park New Construction 2-Unit 851 Springfield ave 2 Unit Apartment Building $861,967 CAD ($430,984 CAD/Unit) 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 | $861,967 CAD | Lot Size | 0.09 AC |
| Price Per Unit | $430,984 CAD | Building Size | 3,600 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 0.56/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $861,967 CAD |
| Price Per Unit | $430,984 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| 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
Property Taxes
| Parcel Number | 16-02-327-004-0000 | Improvements Assessment | $38,055 CAD |
| Land Assessment | $9,579 CAD | Total Assessment | $47,634 CAD |
Property Taxes
Parcel Number
16-02-327-004-0000
Land Assessment
$9,579 CAD
Improvements Assessment
$38,055 CAD
Total Assessment
$47,634 CAD
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Humbolt Park New Construction 2-Unit | 851 Springfield ave
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