$229,900

4855 N Springfield Ave Unit 3 Chicago, IL 60625

Albany Park Neighborhood

Estimated payment $1,857/month

Total Views 24,479
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Granite Countertops
  • Living Room
  • Wood Flooring
  • Walk-In Closet
  • Laundry Room

About This Home

INVESTMENT OPPORTUNITY! Come take a look at this fully-leased 3 bedroom, 2 bathroom TOP FLOOR condo in the heart of Albany Park. LEASED through March 31st, 2026, this is an opportunity to take advantage of great rental income. BRAND NEW kitchen and baths. NEW fixtures, all repainted. Unit features hardwood flooring, NEW stainless steel appliances, all new mechanicals (including furnace, water heater), and new in-unit laundry. Ample street parking. Pet friendly. Steps to everything Albany Park has to offer, and a short commute to Northeastern Illinois University and North Park University. Short term rentals are allowed here! Special, limited-time opportunity available to a buyer who chooses to purchase this unit and 3849 W. Ainslie #1 (same building/HOA), currently listed for $269,900 - please inquire for more information.

Listing Agent

Joe Tyler Gerber

Compass License #475179432 Listed on: 06/17/2025

Compass

Co-Listing Agent

Louie Diaz

Compass License #475190708

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1923 | Remodeled in 2022

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 19 Units
  • Elena Association, Phone Number (773) 703-8586
  • Property managed by City Habitat Property Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,599

Year Built

Built in 1923 | Remodeled in 2022

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Storage, Walk-In Closet(s), Granite Counters
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 229900
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 277
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: City Habitat Property Management
  • Management Contact Name: Elena
  • Management Phone: 773-703-8586

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3599
  • Tax Year: 2023

Multi Family

  • Units in Building: 19

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2024 $3,599 $18,125 $1,646 $16,479
2023 $3,509 $17,000 $1,316 $15,684
2022 $3,509 $17,000 $1,316 $15,684
2021 $3,430 $16,999 $1,316 $15,683
2020 $2,624 $11,739 $681 $11,058
2019 $2,652 $13,155 $681 $12,474
2018 $3,259 $16,444 $681 $15,763
2017 $2,079 $9,625 $611 $9,014
2016 $1,934 $9,625 $611 $9,014
2015 $1,770 $9,625 $611 $9,014
2014 $1,658 $8,904 $564 $8,340
2013 $1,625 $8,904 $564 $8,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $229,900 0.0% --
12/16/2024 12/16/24 Rented $1,875 0.0% --
12/13/2024 12/13/24 Under Contract -- -- --
12/13/2024 12/13/24 For Rent $1,875 0.0% --
03/13/2013 03/13/13 Sold $90,000 +0.1% --
01/09/2013 01/09/13 Pending -- -- --
12/27/2012 12/27/12 Price Changed $89,900 -10.0% --
11/21/2012 11/21/12 Price Changed $99,900 -20.0% --
10/26/2012 10/26/12 Price Changed $124,900 -16.7% --
09/27/2012 09/27/12 Price Changed $149,900 -6.3% --
08/27/2012 08/27/12 For Sale $159,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- Citywide Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,450 New Conventional
Previous Owner $425,000 New Conventional
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12393764

Midwest Real Estate Data (MRED)

APN: 13-11-323-030-1018