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Renovated Two-Unit Residential Building
For Sale
$1,050,000

3847 N Spaulding Avenue, Chicago, IL 60618

Both residences include in-unit laundry, with a heated and air-conditioned garage serving the property.

Property SizeContact for details
Days on Market8

Property Features for 3847 N Spaulding Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $8,682

Building Details

Year Built 1915
Listing Agency: eXp Realty
Listed By: Eduardo Santos · License #475163908
Source: Dawnmckennagroup
Added: Sep 28 Changed: Oct 5 Last Checked: Oct 4 at 5:34PM

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 eXp Realty

Investment Insights

Based on property information with market context.

Built in 1915, this two-unit residential building pairs preserved antique foyer tile with substantial updates. The first residence is a duplex with approximately 1,800 square feet of finished space, three bedrooms, and two baths. Both units feature renovated kitchens and baths, stainless steel appliances, quartz surfaces, and in-unit laundry. Building improvements include copper plumbing installed from 2021–2025, a resealed roof in 2023, electrical work in both units, sump pumps and drain tile, tankless water heaters, and newer HVAC equipment. The 2.5-car garage is heated and air-conditioned.

The property is steps from CICS Irving Park and a few blocks from Independence Park and McFetridge Sports Center. I-90/94, the Blue Line, and Metra are nearby, as are grocery and dining options along Kedzie, Elston, Irving Park Road, and Six Corners. The address is registered for short-term rental use; registration does not transfer, and a buyer must verify eligibility and licensing independently.

Key Highlights

  • Two residences in a 1915 building; first‑floor duplex has approximately 1,800 sq ft of finished space, 3 bedrooms, and 2 baths
  • Copper plumbing completed from 2021‑2025; electrical updates in Unit 1 (2022) and Unit 2 (2023)
  • Flat roof resealed in 2023; sump pumps and drain tile installed in 2021

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Butcher Nursing Home Bed & Breakfast

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

1,876
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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?
Duplex - Both residences include in-unit laundry, with a heated and air-conditioned garage serving the property.
Where is this duplex located?
The property is located at 3847 N Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two residences in a 1915 building; first‑floor duplex has approximately 1,800 sq ft of finished space, 3 bedrooms, and 2 baths; Copper plumbing completed from 2021‑2025; electrical updates in Unit 1 (2022) and Unit 2 (2023); Flat roof resealed in 2023; sump pumps and drain tile installed in 2021
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