$625,000
PENDING $54K PRICE DROP

Estimated payment $4,032/month

Total Views 13,918
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lower Floor Utility Room
  • 4-minute walk to Kimball Station
  • Enclosed Patio or Porch
  • 2.5 Car Detached Garage

About This Home

*** 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.

Listing Agent

Natan Kaplunskiy

Compass License #475166773 Listed on: 12/03/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,893

Year Built

  • Built in 1920

Parking

  • 2.5 Car Detached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • Lot Dimensions are 30x125

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,893

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: 140
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry, Storage Space, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2.5

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 8893
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,893 $48,000 $13,125 $34,875
2024 $8,893 $48,000 $13,125 $34,875
2023 $8,669 $42,000 $10,500 $31,500
2022 $8,669 $42,000 $10,500 $31,500
2021 $8,474 $42,000 $10,500 $31,500
2020 $5,602 $25,059 $5,437 $19,622
2019 $5,806 $28,804 $5,437 $23,367
2018 $5,027 $28,804 $5,437 $23,367
2017 $4,629 $24,806 $4,875 $19,931
2016 $4,809 $26,425 $4,875 $21,550
2015 $4,844 $28,965 $4,875 $24,090
2014 $3,667 $22,261 $4,500 $17,761
2013 $4,239 $25,853 $4,500 $21,353
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2026 02/20/26 Pending -- -- --
02/04/2026 02/04/26 Price Changed $625,000 -8.0% --
01/09/2026 01/09/26 For Sale $679,000 0.0% --
12/19/2025 12/19/25 Pending -- -- --
12/03/2025 12/03/25 For Sale $679,000 +10.9% --
03/19/2021 03/19/21 Sold $612,000 -5.8% $279 / Sq Ft View Prior Sale
01/25/2021 01/25/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $649,900 0.0% $297 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $649,900 +56.6% $297 / Sq Ft
09/27/2018 09/27/18 Sold $415,000 -5.7% $189 / Sq Ft View Prior Sale
08/19/2018 08/19/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $439,900 -- $201 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12526408

Midwest Real Estate Data (MRED)

APN: 13114300110000

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