NOT LISTED FOR SALE

4500 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $542,000 - $554,000

3 Beds
2 Baths
2,710 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $527,000 $194 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,351/month

9 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • 2 Car Detached Garage
  • Main Floor Bedroom
  • Fenced Yard
  • Stamped Concrete Patio

About This Home

As of June 2024

Charming and totally move-in ready classic Chicago bungalow on a corner lot with tons of natural light and numerous upgrades including a fully remodeled lower level! Upgrade highlights include widened hallway on lower level, new lower level storage area, restored hardwood floors, newer kitchen appliances and cabinet hardware, and new window treatment. On the main level find separate sizable living and dining areas, plus a bright and airy sunroom off the eat-in kitchen. Enjoy beautiful treetop views out of the front windows! All 3 bedrooms conveniently located on the main level, with easy access to the full hall bathroom. Don't miss the completely redone lower level with higher ceilings, full size windows, new carpeting and stained ceilings, all with plenty of space to use in a variety of ways simultaneously - easily accommodate a home office, recreation area, workout studio, and playroom! The updates continue on the exterior of the home with tuckpointing on the front steps, new exterior back doors and a new ComEd connection. Spend summertime enjoying your private grassy yard! Ability to add a true primary suite in the huge unfinished attic is the cherry on top! Centrally located with easy highway access, access to both Blue and Brown lines, and close to LaBagh Woods. Detached 2-car garage.

Last Agent to Sell the Property

Julie Busby

Compass License #475153702 Listed on: 04/30/2024

Compass

Last Buyer's Agent

Courtney Welsch

Baird & Warner License #475147874

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 1919 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 28x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,710 Sq Ft Home
  • 1.5-Story Property
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Stamped Concrete Patio

Schools

  • Haugan Elementary School
  • Roosevelt High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,582

Year Built

Built in 1919 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2710
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm
  • Square Footage Comments: Square footage is an estimate and not to be deemed reliable
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Stamped Concrete Patio
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiant
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Haugan Elementary School
  • High School: Roosevelt High School
  • Middle/Junior School: Haugan Elementary School

Lot Info

  • Lot Dimensions: 28X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5581.56
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 29, 2024
Sold by
Powers Jacob and Powers Lisa
Bought by
Bever Jonathan and Bever David
Seller's Agent
Julie Busby
Compass
Buyer's Agent
Courtney Welsch
Baird & Warner
List Price
$475,000
Sold Price
$527,000
Premium/Discount to List
$52,000
10.95%
Current Estimated Value
$548,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,716
Avg. Annual Appreciation
2.99%
Original Mortgage
$474,300
Outstanding Balance
$468,083
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$80,633

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 25, 2018
Sold by
Cloutier Charles R and Cloutier Margaret A
Bought by
Powers Jacob and Powers Lisa
Seller's Agent
Evelyn Fred
Baird & Warner
Buyer's Agent
Loyda Paredes
ProCasa Realty, Ltd.
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Bever Jonathan $527,000 Old Republic Title
Powers Jacob $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bever Jonathan $474,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $527,000 +10.9% $194 / Sq Ft
04/30/2024 04/30/24 For Sale $475,000 +26.7% $175 / Sq Ft
05/23/2018 05/23/18 Sold $375,000 -2.6% $125 / Sq Ft View Prior Sale
04/23/2018 04/23/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $385,000 -- $128 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $5,748 $38,000 $12,250 $25,750
2023 $5,582 $30,462 $9,800 $20,662
2022 $5,582 $30,462 $9,800 $20,662
2021 $5,474 $30,461 $9,800 $20,661
2020 $4,562 $23,510 $5,075 $18,435
2019 $4,634 $26,416 $5,075 $21,341
2018 $5,235 $26,416 $5,075 $21,341
2017 $2,964 $25,054 $4,550 $20,504
2016 $3,345 $25,054 $4,550 $20,504
2015 $3,780 $25,054 $4,550 $20,504
2014 $3,188 $22,033 $4,200 $17,833
2013 $3,199 $22,033 $4,200 $17,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12043080

Midwest Real Estate Data (MRED)

APN: 13-14-115-035-0000