$645,000

4514 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood

Estimated payment $3,997/month

Total Views 5,516
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

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: 12/28/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,759

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Cooktop,Oven/Built-in

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Lot Dimensions: 33.33x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 41200
  • Fuel Expense: 2500
  • Insurance Expense: 1500
  • ElectricExpense: 500
  • GrossIncome: 57000
  • Maintenance Expense: 500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7759
  • Tax Year: 2023
  • Tax Exemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2025 12/28/25 For Sale $645,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12536810

Midwest Real Estate Data (MRED)