NOT LISTED FOR SALE

4312 N Bernard St Chicago, IL 60618

Albany Park Neighborhood
12 Beds
6 Baths
6,984 Sq Ft
6,251 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $1,050,000 $150 Per Sq Ft

25 Days on Market

About This Home

As of February 2024

Welcome to 4312 N. Bernard St, an exceptional multifamily property that's fully-leased and ready to bolster your investment portfolio. This superb 6-unit multifamily residence is located in the vibrant Albany Park neighborhood, offering not only a prime Chicago address but also a robust source of positive cash flow. Here's your chance to secure a lucrative and stable income stream in a desirable location. This property is an excellent choice for investors seeking dependable cash flow and the area is known for its strong rental demand. All 6 units are currently occupied, ensuring immediate income for the new owner. No need to spend time and resources searching for tenants; the hard work is already done for you. Your investment will remain profitable and hassle-free. Don't miss out on this rare opportunity to own a fully-leased, well-maintained, and cash flow-positive multifamily property in Albany Park. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this property is a promising choice.

Last Agent to Sell the Property

Carrie McCormick

@properties Christie's International Real Estate License #475123706 Listed on: 10/24/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Bryan Eugenio

@properties Christie's International Real Estate License #475146298

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,673

Year Built

  • Built in 1927

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 6,984 Sq Ft Home
  • 4-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Radiator
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $37
  • Fuel Expense $710
  • Insurance Expense $520
  • Trash Expense $340
  • Water Sewer Expense $215
  • Operating Expense $44,280
  • Gross Income $9,575
  • Net Operating Income $72,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,673

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 4
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: Paved
  • List Price: 1200000
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies,Security Gate

Garage/Parking

  • Indoor Parking: Detached

Utilities

  • Electric: Separate Meters
  • Utilities: Sanitary Sewer, Water-Municipal, Cable Available
  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 340
  • Water Sewer Expenses: 215
  • Janitor Expense: 50

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Sq Ft: 6251
  • Zoning: MULTI
  • Land Amenities: Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 6984
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 72420
  • Fuel Expense: 710
  • Insurance Expense: 520
  • ElectricExpense: 37
  • GrossIncome: 9575
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 44280
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 21673
  • Tax Year: 2022

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $1,050,000 -12.5% $150 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,200,000 0.0% $172 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $1,200,000 -- $172 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carrie McCormick

    Seller's Agent in 2024

    Carrie McCormick

    @ Properties

    (312) 961-4612

    3 in this area

    725 Total Sales

    Carrie McCormick
    Section Image
  • Bryan Eugenio

    Buyer's Agent in 2024

    Bryan Eugenio

    @ Properties

    (773) 294-0362

    2 in this area

    53 Total Sales

    Bryan Eugenio
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11910094

Midwest Real Estate Data (MRED)

APN: 13144020330000

Illinois Cook County Chicago 60618 Albany Park

4312 N Bernard St, Chicago, IL

This home is located at 4312 N Bernard St, Chicago, IL 60618 since 24 October 2023. This property was built in 1927. 4312 N Bernard St is a home located in Cook County with nearby schools including Henry Elementary School and Roosevelt High School.

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