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4624 N Springfield Avenue, 
Chicago, IL 60625

$899,900


7

Beds


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Maria Delboccio

Patrick Torres

@Properties Christie'S International Real Estate

Last updated:

July 29, 2025, 10:38 PM

MLS#

12429291

Source:

MLSNI

About This Home

4624 N Springfield Avenue

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!

Home Facts

Multi-Family

3 Baths

7 Bedrooms

Built in 1908

Price Summary

899,900

MLS #:

12429291

Last Updated:

July 29, 2025, 10:38 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1908


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$899,900

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