$850,000
SOLD AUG 25, 2025

4720 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood
6 Beds
4 Baths
-- Sq Ft
-- Built

Recently Sold

3% Above List Price

12 Days on Market

Highlights

  • Deck
  • Balcony
  • Forced Air Heating System

About This Home

As of August 2025

Rarely Available Albany Park 3-flat investor building. All three units have five rooms including 2BR'S/1BA EACH. All are about 1050 square feet. All have decks with unit one having a 30x20 deck that everyone in the building uses for gatherings and parties and solace. Units one and two have long-term excellent tenants who just signed a new lease until June 2026. They both have a 60 day opt out clause if they want. The units are $1750-$1775 a month. Unit three is vacant and can get somewhere in the 2's for rent. There is a studio space on the ground floor that has a kitchen, living area and bathroom. There is a two car garage and a coin laundry with two washers and two dryers. Tremendous location seconds from Lawrence and Pulaski. Buses and the BLUE LINE are nearby as well as fun shops and good eats. ESTATE SALE. PROBATE SITUATION. ATTORNEY'S INVOLVED! BUYERS MUST BE PATIENT. No Showings Until 7.12.25-7.13.25. Per the administrator, I MUST HAVE PROOF OF FUNDS OR A PRE-APPROVAL LETTER IN MY HANDS BEFORE I SHOW THE BUILDING. NOT WHEN YOU MEET ME AT THE BUILDING, A DAY BEFORE. Being sold AS-IS WITH NO REQUESTS. DO NOT BOTHER THE TENANTS. DO NOT RING THE BUZZERS. ANY QUESTIONS, CALL PETER.

Last Agent to Sell the Property

Peter Lipsey

Berkshire Hathaway HomeServices Chicago License #475131962 Listed on: 07/08/2025

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Monica Deanda

PROSALES REALTY License #475111174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,138

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,138

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 825000
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 9137.72
  • Tax Year: 2023

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $850,000 +3.0% --
07/20/2025 07/20/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $825,000 0.0% --
07/08/2025 07/08/25 Price Changed $825,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12386212

Midwest Real Estate Data (MRED)