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Brick Apartment Building with Garden Units
For Sale
Under Contract
$995,000

5459 N Spaulding Avenue, Chicago, IL 60625

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market96

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 7, Bedroom 4, Bedroom 6, Bedroom 14, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 5, Basement, Bathroom 1, Bedroom 10, Bedroom 17, Bedroom 8, Bedroom 11, Bedroom 15, Bathroom 6, Bedroom 9, Bedroom 13, Bathroom 3, Bedroom 16, Bathroom 2, Bedroom 3, Bedroom 12
Parking 2
Parking features Garage, Open, Tandem
Basement Full, Finished, 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 Natural Gas, Forced Air
Water source Public

Amenities

coin laundry

Building Details

Year built 1922
Building materials Brick
Roof type Rubber, Flat
Listing Agency: 1st Cornerstone Realty Inc.
Listed By: M. Todd Hague · License #471012867
Added: Jun 23 Changed: Sep 13 Last Checked: Sep 26 at 9:06AM
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 1922 brick apartment building contains four legal apartments plus two garden-level apartments on a 0.08-acre corner lot. The primary apartments range from 1,200 to 1,400 square feet, with three bedrooms, one bathroom, living and dining rooms, and eat-in kitchens. Interior updates include hardwood flooring, tile, kitchens, and bathrooms. Building improvements include a newer tear-off roof, rear porch, masonry tuckpointing and sealing, newer windows, a flood-control system with ejector pit, and 100-amp electrical service. Individual furnaces provide heating to the apartments.

Located at 5459 N Spaulding Avenue in Chicago’s North Park area, the property is near Northside College Prep, North Park University, Northeastern Illinois University, and public transportation. Parking includes garage, tandem, and open spaces. The building also offers coin laundry in the basement, public water and sewer, and a MULTI zoning designation.

Key Highlights

  • Four legal apartments plus 2 garden apartments
  • Primary apartments measure 1,200–1,400 square feet and each has 3 bedrooms and 1 bathroom
  • 30x125 corner lot with center entrance

Property Analytics

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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.

Lease Details

6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Well-maintained multifamily property with updated interiors, individual furnaces, basement laundry, and long-term leases in place.
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: Four legal apartments plus 2 garden apartments; Primary apartments measure 1,200–1,400 square feet and each has 3 bedrooms and 1 bathroom; 30x125 corner lot with center entrance
More about this property
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