One of the homes to hit the MLS in the past 24 hours is this 1,422 square-foot, three-bedroom / 1.5-bath single-family home at 1631 N Springfield Ave in Humboldt Park. This home sold in 2006 for $250,000; as a bank-owned property, it’s listed at just $31,350, or $22 a square foot. It’s at Fannie Mae HomePath property, meaning buyers can get fixed-rate, adjustable-rate, or interest-only mortgages with low down payments, no mortgage insurance, and no appraisal fees, as well as financing for light renovation.
The home is a half-block north of North Avenue and four short blocks east of Pulaski Avenue, giving owners easy access to two CTA bus routes. Rail transit is not as accessible — the Metra’s Milwaukee District North and West lines run through the neighborhood but don’t stop any closer than the Healy station on Fullerton to the north and the Grand / Cicero station to the west, and the closest Blue Line stations are a good 2.5 miles away. The home stands inside the Stowe School and North-Grand High School boundaries, and has a “very walkable” WalkScore of 80 (due mostly to its proximity to North Avenue). Get more information on the goings-on within a three-block radius at EveryBlock.com.