NOT LISTED FOR SALE

4826 N Springfield Ave Chicago, IL 60625

Albany Park Neighborhood
7 Beds
3 Baths
-- Sq Ft
1918 Built

Last Sold January 31, 2022

Last sale price $550,000

27 Days on Market

Highlights

  • Sun or Florida Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard

About This Home

As of January 2022

Fully renovated all brick legal 3 flat in great location close to both Brown and Blue Lines, grocery stores, restaurants and schools. Completely rehabbed in 2009 with City of Chicago permits. All new windows, electric, plumbing, individual heating and AC units, kitchens and baths and steel frame back decks and stairs. Spacious units with separate living and dining rooms, generous bedrooms and private back decks. 2nd and 3d floors are 2 beds, 1 bath, 1st floor unit is 3 bedrooms, 1 bath. Very long term tenants in 1st and 3d floor units (over 10 years and 4 years, respectively). Rents could be higher. Unit 2 was last rented for $1250 . 2 car garage and parking pad provide each unit with reserved parking. Arm chair investment opportunity!

Last Agent to Sell the Property

Connie Engel

@properties Christie's International Real Estate License #475121920 Listed on: 11/17/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Jen Romolo

@properties Christie's International Real Estate License #475161354

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,041

Year Built

  • Built in 1918 | Remodeled in 2009

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Sun or Florida Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Lot Details

  • Lot Dimensions are 30 x 125
  • Fenced Yard

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $300
  • Water Sewer Expense $3,180
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,041

Year Built

Built in 1918 | Remodeled in 2009

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Room Type: Sun Room
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

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, Forced Air, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Fee Information

  • Water Sewer Expenses: 3180

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • ElectricExpense: 300
  • GrossIncome: 43200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6041.01
  • Tax Year: 2020
  • Tax Exemptions: None
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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 List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $550,000 -4.3% --
12/15/2021 12/15/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $575,000 +69.1% --
01/17/2014 01/17/14 Sold $340,000 -7.9% -- View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $369,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $7,352 $49,000 $13,454 $35,546
2024 $7,352 $49,000 $13,454 $35,546
2023 $7,851 $38,038 $10,763 $27,275
2022 $7,851 $38,038 $10,763 $27,275
2021 $7,674 $38,037 $10,763 $27,274
2020 $6,041 $27,024 $5,573 $21,451
2019 $6,262 $31,063 $5,573 $25,490
2018 $6,568 $33,143 $5,573 $27,570
2017 $7,817 $36,191 $4,997 $31,194
2016 $7,273 $36,191 $4,997 $31,194
2015 $6,655 $36,191 $4,997 $31,194
2014 $5,445 $29,239 $4,612 $24,627
2013 $5,337 $29,239 $4,612 $24,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11272333

Midwest Real Estate Data (MRED)
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