NOT LISTED FOR SALE

4630 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood
7 Beds
3 Baths
-- Sq Ft
1908 Built

Sale Details

Date Sold: July 21, 2023

Last sale price $450,000

5 Days on Market

Highlights

  • Rooftop Deck
  • Photo Lab or Dark Room
  • First Floor Utility Room
  • Gated Community
  • Den
  • 2 Car Detached Garage

About This Home

As of July 2023

Check out this freshly revamped Multi-Unit Albany Park As-Is home with over $70k in renovations that were recently done. All units are move-in ready where you can either rent them all out or live in one and rent out the others to pay your mortgage. The first floor unit is a two bedroom plus den which is surprisingly not a garden unit but a ground floor unit so it would be great for anyone with mobility issues. This unit has been refreshed with new carpeting and a new kitchen. The second floor unit is the largest unit with three bedrooms plus a sunroom. They installed new flooring throughout, new lighting fixtures, renovated the kitchen, put in new stainless steel appliances, and installed a new furnace. There is also a bonus in law suite on the third floor with it's own private entrance that has 2 extra bedrooms, kitchen, and bath with a new heater installed there as well. As for the exterior, this property has a two and a half car garage, a back patio space, and an additional large storage area that could be used as a workshop, studio, or storage space for tenants. This home is located on a great block - close to transit, schools, and shopping. It has been lovingly restored by the sellers and has been in the family for over 40 years. Check out the upgrade list attached to see what a great deal this is and take advantage of this rare opportunity now!

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 06/01/2023

Compass

Co-Listed By

Ashley Woodthorp

Compass License #475173225

Last Buyer's Agent

Mercedes Avila

HomeSmart Connect LLC License #471009995

HomeSmart Connect LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1908 | Remodeled in 2023

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Den
  • Photo Lab or Dark Room
  • First Floor Utility Room
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Rooftop Deck
  • Enclosed Patio or Porch
  • Shed

Lot Details

  • Lot Dimensions are 25 x 125
  • Paved or Partially Paved Lot

Schools

  • Haugan Elementary School
  • Roosevelt High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Community Details

  • 2 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,456

Year Built

Built in 1908 | Remodeled in 2023

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Water Heater-Gas
  • Room Type: Den, Dark Room, Enclosed Porch, Utility Room-1st Floor
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, Storms/Screens
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • 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: 6456.02
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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
Jun 1, 2023
Closed on
Jul 7, 2023
Sold by
Bought by
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Mercedes Avila
HomeSmart Connect LLC
List Price
$450,000
Sold Price
$450,000
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$450,000 None Listed On Document
-- Attorney
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 $300,000
Closed $315,000
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
07/21/2023 07/21/23 Sold $450,000 0.0% --
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $450,000 -- --
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 $6,776 $42,001 $10,938 $31,063
2024 $6,776 $42,001 $10,938 $31,063
2023 $6,605 $32,000 $8,750 $23,250
2022 $6,605 $32,000 $8,750 $23,250
2021 $6,456 $32,000 $8,750 $23,250
2020 $5,048 $22,580 $4,531 $18,049
2019 $5,232 $25,955 $4,531 $21,424
2018 $5,144 $25,955 $4,531 $21,424
2017 $5,180 $23,985 $4,062 $19,923
2016 $5,251 $26,129 $4,062 $22,067
2015 $4,805 $26,129 $4,062 $22,067
2014 $3,350 $17,987 $3,750 $14,237
2013 $3,283 $17,987 $3,750 $14,237
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11797524

Midwest Real Estate Data (MRED)
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