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Listed by Natan Kaplunskiyof Compass
$ 625,000
Est. payment /mo
Active Under Contract
4827 N Spaulding Avenue Chicago, IL 60625
8 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12526408
Bedrooms 8
Year Built 1920
Annual Tax Amount $8,893
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
*** short sale- priced for a quick sale building is vacant 4827 North Spaulding Avenue is a distinguished brick four-flat located in the bustling Albany Park neighborhood of Chicago. This expansive property offers 3,850 square feet of living space with eight bedrooms and four bathrooms across its multi-unit configuration. The first floor features a spacious four-bedroom, one-bath unit. The second floor contains two units, each offering one bedroom and one bathroom. The garden unit includes two bedrooms and one bath. Additional highlights include coin-operated laundry and a two-and-a-half-car garage with separate leasing options for parking. The property is being sold as-is and currently carries city violations, making it ideal for a buyer with vision who can restore the building and capitalize on its significant upside potential. Despite the needed work, this remains a substantial investment opportunity-perfect for rental income or an owner-occupant seeking value. Explore the possibilities and unlock the value in this promising Albany Park locale. Agent, SS negotiator and attorney are all highly experienced in short sales. This is not a bank-approved price. One loan. No survey will be provided. No sight unseen offers.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Storage Space, Full
Interior
Heating Natural Gas, Radiator(s)
Fireplace N
Exterior
Garage Spaces 2.5
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition Short Sale, In Foreclosure
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
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