4827 N Spaulding Avenue
Chicago, IL, 60625
$625,000
8 Beds
4 Baths
0 SqFt
0 Acres
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MLS #MRD12526408 image #0
*** 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.

Property Details

Price:
$625,000
MLS #:
MRD12526408
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chialbanypark
Listed Date:
Dec 3, 2025
Year Built:
1920
Foreclosed Bank OwnedShort SaleChi – Albany ParkChialbanypark

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Schools

School District:
299

Interior

Heating
Natural Gas, Radiator(s)

Exterior

Construction Materials
Vinyl Siding, Brick
Garage Spaces
2.5
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
25
Parking Total
2.5
Roof
Rubber

Financial

Tax Year
2023
Taxes
$8,893

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of May 17, 2026
1,366
Multi Family Listed
80
Avg DOM
$516,214
Avg List Price

Property Summary

    4827 N Spaulding Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60625. It is listed for $625,000

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