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Four-Unit Apartment Building with Garden Apartments
For Sale
Under Contract
$995,000

5459 N Spaulding Avenue, Chicago, IL 60625

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market50

Property Features for 5459 N Spaulding Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 17
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 10, Bedroom 5, Bedroom 14, Bedroom 11, Bedroom 9, Bathroom 4, Bedroom 6, Bedroom 13, Bedroom 16, Bedroom 8, Bedroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 15, Bathroom 2, Bathroom 6, Basement, Bedroom 7, Bedroom 12, Bedroom 17, Bedroom 2, Bathroom 1
Parking 2
Parking features Garage, Open, Tandem
Basement Finished, Full, Daylight
Lot features Corner Lot
Elementary school district 299
Middle school district 299
High school district 299
Directions Foster AVE west to Spaulding, North to corner of Catalpa
Subdivision CHI - North Park
Standard status Active Under Contract
APN 13112100010000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13338

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

coin laundry

Building Details

Year built 1922
Building materials Brick
Roof type Flat, Rubber
Listing Agency: 1st Cornerstone Realty Inc.
Listed By: M. Todd Hague · License #471012867
Added: Jun 23 Changed: Aug 2 Last Checked: Aug 11 at 10:06PM
MLS# 12687165

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment building offers a legal 4-unit layout plus two extra garden apartments, with all apartments configured as three bedrooms and one bathroom. Apartments feature updated interiors including hardwood floors, tile, and updated kitchens and baths. The building includes a basement and coin laundry, and each unit is heated with individual forced-air, natural gas systems.

Set on a corner lot with dimensions of 30x125 and a center entrance, the property includes a newer roof tear-off, newer rear porch, full brick masonry tuckpointing and sealing, and a flood control system with an ejector pit. Electrical is provided via a 100-amp service. The building has newer windows, and the roof is described as flat with rubber roofing.

Constructed in 1922 with brick materials and public water and public sewer, the property is positioned to support straightforward leasing, with long-term leases in place for all four apartments.

Key Highlights

  • Legal 4‑unit building plus two extra garden apartments
  • Corner lot 30x125 with center entrance
  • Long‑term leases in place for all 4 apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Butcher Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,781
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal 4-unit with two extra garden apartments on a corner lot, updated interiors, and long-term leases.
Where is this apartment building located?
The property is located at 5459 N Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Legal 4‑unit building plus two extra garden apartments; Corner lot 30x125 with center entrance; Long‑term leases in place for all 4 apartments
More about this property
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