$899,900
4624 N Springfield Avenue
Chicago, IL, 60625
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, 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!
Property Details
Price:
$899,900
MLS #:
MRD12406591
Status:
Active
Beds:
7
Baths:
3
Address:
4624 N Springfield Avenue
Type:
Multi Family
Neighborhood:
CHI – Albany Park
City:
Chicago
Listed Date:
Jul 17, 2025
State:
IL
ZIP:
60625
Year Built:
1908
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$5,082
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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4624 N Springfield Avenue
Chicago, IL
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