For Sale, USD 899,900
Chicago, Illinois, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 7
Bathroom : 3
Half Bathroom : 3
MLS#: 12406591
Property Description
Welcome to this stunning, fully renovated legal 3-flat on a quiet, tree-lined street in the heart of Albany Park, one of Chicago's most vibrant and diverse neighborhoods. Perfect for multigenerational living, house hacking or a savvy investment, this turnkey property features two spacious 3-bedroom/1-bath units and a charming 1-bedroom/1-bath top-floor unit, each with its own private outdoor space, plus a two-car garage with two lockable storage units. Unit 3 includes a beautiful new fire-resistant deck, ideal for enjoying morning coffee or sunset views over the treetops. The entire building underwent a comprehensive remodel in 2022, boasting brand-new kitchens, bathrooms, in-unit laundry, flooring, lighting, and fresh paint throughout. In 2025, the property was further enhanced with updated HVAC, electrical, and plumbing systems, including a new copper water line from the street, closed-cell attic insulation, new ductwork, a new common electric meter, a concrete subfloor with vapor barrier in Unit 1, and fresh landscaping. In 2023, a complete tear-off roof replacement provided long-term protection and peace of mind. Sun-filled living spaces are complemented by quality finishes and thoughtful modern design. Located just steps from top-rated schools, North Park University, the CTA Blue and Brown Lines, and a global array of shops, cafes, and restaurants, this property offers the perfect blend of comfort, community, and income potential. With a projected gross income of $73,800/year and an estimated cap rate of 7.47%, this low-maintenance gem is an excellent opportunity for owner-occupants or investors seeking strong returns-schedule your showing today to experience the charm and potential of this Albany Park treasure!
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4624 N Springfield Avenue, United States,Illinois,Chicago is a Chicago luxury Multi-Family Home listed for sale USD 899,900. This high end Chicago Multi-Family Home is comprised of 7 bedrooms and 3 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.