4624 N Springfield Ave

$785,000
Last Sold Price
7
Beds
2,750 Sq. Ft.
$285 / Sq. Ft.
2,750
Sq. Ft.
$285
per Sq. Ft.

Description

Be captivated by this move-in ready, vacant prime Albany Park 3-flat-a rare investment opportunity! This renovated legal 3-flat is a true gem located on a charming tree-lined street in Albany Park, a vibrant neighborhood celebrated for its cultural diversity, thriving local dining scene, walkable streets, and convenient access to top-rated schools, parks, and public transit. Unit 1 and Unit 2 each offer three bedrooms, with the third bedroom providing flexible space perfect for a home office, nursery,...Be captivated by this move-in ready, vacant prime Albany Park 3-flat-a rare investment opportunity! This renovated legal 3-flat is a true gem located on a charming tree-lined street in Albany Park, a vibrant neighborhood celebrated for its cultural diversity, thriving local dining scene, walkable streets, and convenient access to top-rated schools, parks, and public transit. Unit 1 and Unit 2 each offer three bedrooms, with the third bedroom providing flexible space perfect for a home office, nursery, or guest room. Unit 3 is a modern, oversized one-bedroom with versatile flex space that accommodates a spacious living room, dining area, additional storage, and a king-sized bedroom. The property includes 2022 appliances and in-unit washer/dryers in all three units, a 2023 tear-off roof, a 2025 concrete subfloor with vapor barrier in Unit 1, updated electrical and plumbing throughout, closed-cell attic insulation, new copper water service from the street replacing old lead lines, and a brand-new deck on the 3rd floor. Perfect for investors, owner-occupants seeking income, or multi-generational buyers, this rare legal 3-flat offers both modern updates and long-term appeal in a neighborhood where such opportunities are hard to secure-schedule your private tour today! Investor special with strong fundamentals. Total rental income of 7,150/month including garage (85,800 annually). Market-standard expenses of approximately $25,000 produce an NOI of about 60,800, supporting a 7.6 cap rate at the $799,000 list price and a GRM of 9.3. Conservative underwriting includes vacancy, management, and reserves for stability, with modest rent growth offering a pro forma cap rate near 8.5. Strong cash flow and attractive value compared to market averages.
  1. Listed by Maria DelBoccio • @properties Christie�s International Real Estate
    P: (773)-859-2183 C: (773)-859-2183 Maria@thedmregroup.com

Sold By Baird & Warner

Property Details for 4624 North Springfield Avenue

Area
CHI - Albany Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 11/21/2025 02:13 PM

Property Details for 4624 North Springfield Avenue

StatusClosed
MLS #12495167
Days on Market9
Taxes$5,082 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1908
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Add your commute

Virtual Tour

Building Information for 4624 North Springfield Avenue

Stories-Residences3Year Built1908Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$4,302 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,879

Property Taxes

$424

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4624 North Springfield Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms Total: 7
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Double Sink,Soaking Tub
  • Basement Type: None
  • Bedrooms Possible: 7
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Exterior Features
  • Patio And Porch Features: Deck
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Construction: Vinyl Siding
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 4600
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3900
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 4
  • Document Date: 2025-10-15T22:48:43
  • Photos Count: 44
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video
Multi Family
Income & Expenses
  • Gross Income: $85,800.00
  • Other Addl Income: Garage/s
Unit 1
  • Unit Type Actual Rent: $2,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0/0
Unit 2
  • Unit Type Actual Rent: $2,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0/0
Unit 3
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0/0

Property History for 4624 North Springfield Avenue

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Sold

MRED #12495167

$785,000
Oct 22, 2025

Pending

MRED #12495167

Oct 22, 2025

Contingent

MRED #12495167

Oct 14, 2025

Cancelled

MRED #12481130

$799,900
Oct 14, 2025

Listed (Active)

MRED #12495167

$799,900
Oct 7, 2025

Contingent

MRED #12481130

Sep 26, 2025

Listed (Active)

MRED #12481130

$799,900
Sep 26, 2025

Cancelled

MRED #12461176

$859,900
Sep 3, 2025

Cancelled

MRED #12429291

$899,900
Sep 3, 2025

Listed (Active)

MRED #12461176

$859,900
Jul 24, 2025

Cancelled

MRED #12406591

$899,900
Jul 24, 2025

Listed (Active)

MRED #12429291

$899,900
Jul 17, 2025

Listed (Active)

MRED #12406591

$899,900
Jun 16, 2023

Sold

MRED #11783943

$710,000
May 17, 2023

Pending

MRED #11783943

May 17, 2023

Contingent

MRED #11783943

May 15, 2023

Listed (Active)

MRED #11783943

$729,000
Jan 31, 2022

Sold

MRED #11284974

$295,000
Jan 26, 2022

Pending

MRED #11284974

Jan 16, 2022

Contingent

MRED #11284974

Jan 15, 2022

Pending

MRED #11284974

Jan 14, 2022

Contingent

MRED #11284974

Dec 29, 2021

Price Change

MRED #11284974

$314,900
Dec 23, 2021

Listed (Active)

MRED #11284974

$324,900
Dec 20, 2021

Contingent

MRED #11284974

Dec 10, 2021

Listed (Active)

MRED #11284974

$324,900
Dec 2, 2021

Cancelled

MRED #11246386

$309,900
Nov 17, 2021

Listed (Active)

MRED #11246386

$349,900
Nov 14, 2021

Contingent

MRED #11246386

Nov 11, 2021

Price Change

MRED #11246386

$309,900
Nov 4, 2021

Price Change

MRED #11246386

$319,900
Oct 28, 2021

Price Change

MRED #11246386

$329,900
Oct 21, 2021

Price Change

MRED #11246386

$339,900
Oct 14, 2021

Listed (Active)

MRED #11246386

$349,900
DateEvent & SourcePrice
11/20/2025

Sold

MRED #12495167

$785,000
10/22/2025

Pending

MRED #12495167

10/22/2025

Contingent

MRED #12495167

10/14/2025

Cancelled

MRED #12481130

$799,900
10/14/2025

Listed (Active)

MRED #12495167

$799,900
10/07/2025

Contingent

MRED #12481130

09/26/2025

Listed (Active)

MRED #12481130

$799,900
09/26/2025

Cancelled

MRED #12461176

$859,900
09/03/2025

Cancelled

MRED #12429291

$899,900
09/03/2025

Listed (Active)

MRED #12461176

$859,900
07/24/2025

Cancelled

MRED #12406591

$899,900
07/24/2025

Listed (Active)

MRED #12429291

$899,900
07/17/2025

Listed (Active)

MRED #12406591

$899,900
06/16/2023

Sold

MRED #11783943

$710,000
05/17/2023

Pending

MRED #11783943

05/17/2023

Contingent

MRED #11783943

05/15/2023

Listed (Active)

MRED #11783943

$729,000
01/31/2022

Sold

MRED #11284974

$295,000
01/26/2022

Pending

MRED #11284974

01/16/2022

Contingent

MRED #11284974

01/15/2022

Pending

MRED #11284974

01/14/2022

Contingent

MRED #11284974

12/29/2021

Price Change

MRED #11284974

$314,900
12/23/2021

Listed (Active)

MRED #11284974

$324,900
12/20/2021

Contingent

MRED #11284974

12/10/2021

Listed (Active)

MRED #11284974

$324,900
12/02/2021

Cancelled

MRED #11246386

$309,900
11/17/2021

Listed (Active)

MRED #11246386

$349,900
11/14/2021

Contingent

MRED #11246386

11/11/2021

Price Change

MRED #11246386

$309,900
11/04/2021

Price Change

MRED #11246386

$319,900
10/28/2021

Price Change

MRED #11246386

$329,900
10/21/2021

Price Change

MRED #11246386

$339,900
10/14/2021

Listed (Active)

MRED #11246386

$349,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4624 North Springfield Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Charter - 6 to 8
Rating
School
Distance
Haugan Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

North River Elementary School
PublicPK to 8

ASPIRA Charter - Haugan Campus
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 02:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.