NOT LISTED FOR SALE

4514 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood
6 Beds
3 Baths
-- Sq Ft
1917 Built

Sale Details

Date Sold: April 10, 2026

Last sale price $635,500

9 Days on Market

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Ismail Patel

Century 21 Circle License #475216789 Listed on: 03/07/2026

Last Buyer's Agent

Julia Hart

Baird & Warner License #475126133

Baird & Warner
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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 Sq Ft Lot

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: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2026
Closed on
Apr 1, 2026
Sold by
Bought by
Seller's Agent
Ismail Patel
Century 21 Circle
Buyer's Agent
Julia Hart
Baird & Warner
List Price
$620,000
Sold Price
$635,500
Premium/Discount to List
$15,500
2.5%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,400
Outstanding Balance
$507,140
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
9.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Albany Park, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$635,500 Citywide Title
$236,000 Premier Title
-- None Available
-- --
-- --
-- --
$200,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $508,400
Closed $260,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 Sold $635,500 +2.5% --
03/16/2026 03/16/26 Pending -- -- --
03/07/2026 03/07/26 For Sale $620,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12586286

Midwest Real Estate Data (MRED)
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