MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE TUESDAY, 5/19 AT 7PM. Ideally situated on an an oversized lot on a quiet tree-lined street in coveted Albany Park, this beautiful and meticulously maintained, legal 3-unit property offers a rare combination of location, flexible occupancy, and significant upside potential. Pride of ownership is evident throughout; the current owner recently updated the siding, windows, and kitchens, replaced several mechanical systems, and performs regular routine maintenance and inspections to keep the property in great shape. The first-floor is a sun-drenched 2-bedroom, 1-bathroom English garden unit featuring a living room with full-size windows, a bathroom with a large linen closet, an eat-in kitchen with a mosaic backsplash and a large walk-in pantry/storage closet. The second floor features a larger 2-bedroom, 1-bathroom unit with hardwood floors, an inviting foyer, a living room with beautiful bay windows, a spacious dining room with a decorative fireplace, an updated bathroom with a linen closet, and an eat-in kitchen with a tile backsplash, updated appliances, and an oversized walk-in pantry. The third-floor is finished similarly but offers 3 full bedrooms and 1 bathroom. Units 2 & 3 both have large enclosed porches for great additional storage. A full, partially finished attic provides even more storage and the potential to duplex-up and create an expansive owner’s unit. Gas-forced heat and central air in all units! Additional highlights include a two-car garage, a shared laundry room, and a spacious, beautifully landscaped fenced-in yard, offering great outdoor space for relaxing, al fresco dining, or entertaining. Incredible location just two blocks from the Brown Line, Starbucks, and walkable to many great parks, cafes, and eateries. With its strong rental appeal, numerous updates, and the potential to duplex-up into a luxurious owner’s unit, this property is ideal for buyers seeking an income-producing asset in a rapidly appreciating neighborhood or those looking to build equity while offsetting their monthly housing costs. Fantastic opportunity for investors and owner-occupants alike!
Property Details
Price:
$650,000
MLS #:
MRD12646995
Status:
Active Under Contract
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chialbanypark
Listed Date:
May 14, 2026
Year Built:
1908
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$10,079
Map
Community
- Address4535 N Spaulding Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60625
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 18, 2026
1,398
Multi Family Listed
79
Avg DOM
$529,552
Avg List Price
Property Summary
- 4535 N Spaulding Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60625. It is listed for $650,000
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Copyright 2026. All rights reserved.
4535 N Spaulding Avenue
Chicago, IL


