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Greg Cirone

xragents@gmail.com +1(708) 415-6755

Listed by Natan Kaplunskiyof Compass

$625,000

Est. payment - /mo

8 Beds

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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

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Greg Cirone

+1(708) 415-6755

Managing Broker | License ID: 471003959

Managing Broker License ID: 471003959

4827 N Spaulding Avenue Chicago, IL 60625

Greg Cirone

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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4827 N Spaulding Avenue