4624 N Springfield Avenue, Chicago, IL 60625
Local realty services provided by:ERA Naper Realty



4624 N Springfield Avenue,Chicago, IL 60625
$899,900
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:maria delboccio
Office:@properties christie's international real estate
MLS#:12429291
Source:MLSNI
Price summary
- Price:$899,900
About this home
Move- In Ready! Prime Albany Park 3-Flat - A Rare Investment Opportunity! Be captivated by the beauty of this renovated legal 3-flat, a true gem in Albany Park's competitive market where lesser properties simply don't compare. Set on a charming tree-lined street in this sought-after family-friendly neighborhood, its sleek modern design and finishes justify its premium price. This move-in-ready, low-maintenance building features 2022 appliances and in-unit washer/dryers in all three units, a 2023 tear-off roof, 2023 cameras installed for peace of mind, a 2025 concrete subfloor with vapor barrier in unit 1, updated electrical and plumbing throughout the building, closed cell attic insulation, a new copper pipe water service from the street replacing old lead lines, and a brand new deck on the 3rd floor. Investor special with solid numbers: $6,850/mo in total rental income (including garage), $82,200 annual gross income, a GRM of 10.9, and a Cap Rate of 8.1 based on estimated $10K annual expenses. Strong cash flow and value relative to market averages. Great opportunity for investors or owner-occupants seeking an income-producing property. This 3-flat also appeals to multi-generational buyers, enhancing its value in a market where legal 3-flats are hard to secure. Leave inferior comps behind - this is the investment you've been seeking. Act fast! Book a private tour today and discover why this 3-flat's quality demands its premium price!
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Home facts
- Year built:1908
- Listing Id #:12429291
- Added:28 day(s) ago
- Updated:August 13, 2025 at 08:37 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1908
- Lot area:0.07 Acres
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,900
- Tax amount:$5,082 (2023)
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