Two-Building Multifamily
For Sale
Contact for pricing
Pending
4825 N Springfield Ave, Chicago, IL 60625
Two multifamily buildings with a mix of studios, one-bedrooms, and two-bedroom units plus two parking spaces.
Property Size33,700 SF
Days on Market121
Property Features for 4825 N Springfield Ave
General Information
Standard status
Pending
Size
33,700 SF
Total Parking Spaces
2
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
53
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
James Ziegler · License #IL 475.151507
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 5:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Two-building multifamily portfolio featuring 4824 North Avers Avenue and 4825 North Springfield Avenue. 4824 North Avers Avenue includes six studio, twelve one-bedroom, and eight two-bedroom units, ranging from 500 to 900 square feet, and offers two income-producing parking spaces. 4825 North Springfield Avenue includes twenty one studio, six one-bedroom, and one two-bedroom unit, also ranging from 500 to 900 square feet.
The properties are located about 8.1 miles north of Chicago’s downtown Loop, 1.2 miles east of the I-94 Edens Expressway, and 0.6 miles west of the CTA Kimball Brown Line train station. They are also approximately 500 feet north of the Lawrence and Springfield bus 81 stop.
Albany Park is described as one of Chicago’s most diverse community areas with a high percentage of foreign-born residents, along with an inventory of classic Chicago-style bungalows and brick multi-family properties.
The properties are located about 8.1 miles north of Chicago’s downtown Loop, 1.2 miles east of the I-94 Edens Expressway, and 0.6 miles west of the CTA Kimball Brown Line train station. They are also approximately 500 feet north of the Lawrence and Springfield bus 81 stop.
Albany Park is described as one of Chicago’s most diverse community areas with a high percentage of foreign-born residents, along with an inventory of classic Chicago-style bungalows and brick multi-family properties.
Key Highlights
- Two‑building multifamily portfolio: 4824 N Avers Ave and 4825 N Springfield Ave in Chicago’s Albany Park neighborhood
- 4824 N Avers Ave unit mix: 6 studios (1 BA, 500 SF), 12 one‑bedrooms (1 BA, 700 SF), 8 two‑bedrooms (1 BA, 900 SF)
- 4825 N Springfield Ave unit mix: 20 studios (1 BA, 500 SF), 6 one‑bedrooms (1 BA, 700 SF), 1 two‑bedroom (1 BA, 900 SF)
Property Analytics
Property Profile
Current Use
Lease Details
53
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two multifamily buildings with a mix of studios, one-bedrooms, and two-bedroom units plus two parking spaces.
Where is this apartment building located?
The property is located at 4825 N Springfield Ave Chicago, IL.
What are key features of this property?
This property features: Two‑building multifamily portfolio: 4824 N Avers Ave and 4825 N Springfield Ave in Chicago’s Albany Park neighborhood; 4824 N Avers Ave unit mix: 6 studios (1 BA, 500 SF), 12 one‑bedrooms (1 BA, 700 SF), 8 two‑bedrooms (1 BA, 900 SF); 4825 N Springfield Ave unit mix: 20 studios (1 BA, 500 SF), 6 one‑bedrooms (1 BA, 700 SF), 1 two‑bedroom (1 BA, 900 SF)
