4624 N Springfield Avenue, Chicago, IL 60625
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes



4624 N Springfield Avenue,Chicago, IL 60625
$899,900
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:maria delboccio
Office:@properties christie's international real estate
MLS#:12429291
Source:MLSNI
Price summary
- Price:$899,900
About this home
Move- In Ready! Prime Albany Park 3-Flat - A Rare Investment Opportunity! Be captivated by the beauty of this renovated legal 3-flat, a true gem in Albany Park's competitive market where lesser properties simply don't compare. Set on a charming tree-lined street in this sought-after family-friendly neighborhood, its sleek modern design and finishes justify its premium price. This move-in-ready, low-maintenance building features 2022 appliances and in-unit washer/dryers in all three units, a 2023 tear-off roof, 2023 cameras installed for peace of mind, a 2025 concrete subfloor with vapor barrier in unit 1, updated electrical and plumbing throughout the building, closed cell attic insulation, a new copper pipe water service from the street replacing old lead lines, and a brand new deck on the 3rd floor. Investor special with solid numbers: $6,850/mo in total rental income (including garage), $82,200 annual gross income, a GRM of 10.9, and a Cap Rate of 8.1 based on estimated $10K annual expenses. Strong cash flow and value relative to market averages. Great opportunity for investors or owner-occupants seeking an income-producing property. This 3-flat also appeals to multi-generational buyers, enhancing its value in a market where legal 3-flats are hard to secure. Leave inferior comps behind - this is the investment you've been seeking. Act fast! Book a private tour today and discover why this 3-flat's quality demands its premium price!
Contact an agent
Home facts
- Year built:1908
- Listing Id #:12429291
- Added:28 day(s) ago
- Updated:August 13, 2025 at 08:37 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1908
- Lot area:0.07 Acres
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,900
- Tax amount:$5,082 (2023)
New listings near 4624 N Springfield Avenue
- New$175,000Active2 beds 2 baths1,000 sq. ft.
6700 S South Shore Drive #21B, Chicago, IL 60649
MLS# 12442046Listed by: KELLER WILLIAMS PREFERRED RLTY - New$475,000Active6 beds 3 baths
3314 N California Avenue, Chicago, IL 60618
MLS# 12442420Listed by: RE/MAX PREMIER - Open Sat, 11am to 1pmNew$749,000Active5 beds 3 baths
5440 N Ashland Avenue, Chicago, IL 60640
MLS# 12444082Listed by: COMPASS - Open Sat, 12 to 2pmNew$339,900Active8 beds 3 baths2,250 sq. ft.
8221 S Marshfield Avenue, Chicago, IL 60620
MLS# 12445234Listed by: REALTY OF AMERICA, LLC - New$720,000Active2 beds 2 baths1,300 sq. ft.
2248 N Racine Avenue #3, Chicago, IL 60614
MLS# 12445598Listed by: REDFIN CORPORATION - Open Fri, 4 to 6pmNew$325,000Active1 beds 1 baths
2128 N Hudson Street #203, Chicago, IL 60614
MLS# 12445688Listed by: COMPASS - Open Fri, 5 to 6:30pmNew$1,200,000Active4 beds 3 baths
2700 N Wayne Avenue #1S, Chicago, IL 60614
MLS# 12445818Listed by: EXP REALTY - New$417,500Active4 beds 2 baths1,800 sq. ft.
2121 N Karlov Avenue, Chicago, IL 60639
MLS# 12446102Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New$250,000Active2 beds 1 baths1,000 sq. ft.
4248 N Keystone Avenue #3A, Chicago, IL 60641
MLS# 12446317Listed by: BEYCOME BROKERAGE REALTY LLC - New$79,900Active4 beds 2 baths1,168 sq. ft.
11922 S Perry Avenue, Chicago, IL 60628
MLS# 12446507Listed by: RE/MAX PREMIER