3941 N Spaulding Ave Chicago, IL 60618
Irving Park NeighborhoodEstimated payment $7,289/month
About This Home
On a quiet, tree-lined block in Irving Park, this exceptional brick residence offers a rare alternative to single-family living-delivering expansive square footage, refined design, and remarkable flexibility, all within a fully rebuilt structure. Reimagined from the masonry up, the home lives primarily as a grand duplex-down, where scale and sophistication come together seamlessly. Multiple living areas provide effortless flow for both entertaining and everyday living, while four generously sized bedrooms-including two ensuite retreats-and 3.1 baths create a layout that feels both intentional and indulgent. The fully excavated lower level offers impressive ceiling height and livability rarely found in homes of this vintage, making it a true extension of the main living space. Every finish has been carefully selected to reflect a modern, understated elegance-from wide-plank flooring to sleek, contemporary kitchens with quartz surfaces and premium appliances, to spa-inspired baths designed for comfort and calm. What sets this home apart for the discerning buyer is its built-in versatility. The beautifully finished upper level-complete with 3 bedrooms and 2 baths-can function as a private guest residence, an ideal work-from-home sanctuary, or seamlessly integrate into the main home for those seeking even greater scale. The option exists, without the obligation. This is a home that adapts to your lifestyle-whether you envision expansive single-family living, private quarters for extended stays, or a discreet income-producing opportunity. All of this, set within close reach of Irving Park's restaurants, parks, and transit-offering both neighborhood charm and city accessibility. A truly uncommon offering for buyers who value space, design, and flexibility without compromise.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,559
Year Built
- Built in 1915 | Remodeled in 2026
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 6 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 30 x 125
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $500
- Insurance Expense $3,300
- Maintenance Expense $500
- Water Sewer Expense $1,200
- Gross Income $91,200
- Net Operating Income $73,093
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,630 | $48,388 | $16,443 | $31,945 |
| 2024 | $7,630 | $48,388 | $16,443 | $31,945 |
| 2023 | $7,399 | $42,000 | $13,230 | $28,770 |
| 2022 | $7,399 | $42,000 | $13,230 | $28,770 |
| 2021 | $1,016 | $42,000 | $13,230 | $28,770 |
| 2020 | $8,133 | $36,382 | $6,048 | $30,334 |
| 2019 | $1,046 | $41,819 | $6,048 | $35,771 |
| 2018 | $1,030 | $41,819 | $6,048 | $35,771 |
| 2017 | $1,103 | $34,351 | $5,292 | $29,059 |
| 2016 | $1,515 | $34,351 | $5,292 | $29,059 |
| 2015 | $1,456 | $34,351 | $5,292 | $29,059 |
| 2014 | $1,444 | $35,181 | $4,536 | $30,645 |
| 2013 | $1,449 | $35,181 | $4,536 | $30,645 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $1,249,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12599503
APN: 13232060090000
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Ask me questions while you tour the home.