4514 N Springfield Ave Chicago, IL 60625
Albany Park NeighborhoodEstimated payment $3,986/month
About This Home
Well-maintained 2-flat with a full finished basement unit located on a quiet, tree-lined street in the desirable Albany Park / Irving Park area. Each unit offers a 2-bedroom, 1-bath layout with spacious living areas and generously sized bedrooms. The finished basement includes a full 2-bedroom, 1-bath unit setup and coin-operated washer and dryer, providing additional living space and flexibility. The property sits on a standard Chicago lot with rear yard space and a 2-car garage. Conveniently located near CTA transit, major thoroughfares, parks, shopping, and dining, making it attractive for commuters and tenants alike.
Listing Agent
Ismail Patel
Century 21 Circle License #475216789 Listed on: 03/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,759
Year Built
- Built in 1917
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 33.33x125
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $500
- Fuel Expense $2,500
- Insurance Expense $1,500
- Maintenance Expense $500
- Water Sewer Expense $2,000
- Gross Income $57,000
- Net Operating Income $41,200
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 | $7,759 | $43,152 | $14,581 | $28,571 |
| 2024 | $7,759 | $43,152 | $14,581 | $28,571 |
| 2023 | $7,564 | $36,646 | $11,665 | $24,981 |
| 2022 | $7,564 | $36,646 | $11,665 | $24,981 |
| 2021 | $7,393 | $36,645 | $11,664 | $24,981 |
| 2020 | $6,265 | $28,027 | $6,040 | $21,987 |
| 2019 | $6,494 | $32,215 | $6,040 | $26,175 |
| 2018 | $6,384 | $32,215 | $6,040 | $26,175 |
| 2017 | $6,085 | $28,176 | $5,415 | $22,761 |
| 2016 | $6,093 | $30,321 | $5,415 | $24,906 |
| 2015 | $5,576 | $30,321 | $5,415 | $24,906 |
| 2014 | $5,130 | $27,546 | $4,999 | $22,547 |
| 2013 | $5,028 | $27,546 | $4,999 | $22,547 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2026 03/16/26 | Pending | -- | -- | -- |
| 03/07/2026 03/07/26 | For Sale | $620,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12586286
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