Brick Duplex With
New
For Sale
$775,000
4421 N Kimball Avenue, Chicago, IL 60625
Separate utilities serve each residence, with additional outdoor space on the upper floor.
Property Size2,450 SF
Price / SF$316.33
Days on Market3
Property Features for 4421 N Kimball Avenue
General Information
Standard status
Active
Size
2,450 SF
Property subtype
Two to Four Units
Site & Location
Neighborhood
Albany Park
Public Transit
Yes
Utilities to Site
Yes
Units
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Annual Taxes
$9,264
Amenities
enclosed rear porch
private balcony
Finished,Sleeping Area,Full
Den,Enclosed Balcony,Enclosed Porch
3
7
2
Lake Michigan
5
3750
No
Garage Door Opener,Yes,Garage Owned,Detached,Owned,Garage
Building Details
Year Built
1914
Buildings
1
Construction
brick
Listing Agency:
(224) 269-8556
Listed By:
Thomas Quigley
Source:
Michanarealestatesolutions
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:53AM
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 Thomas Quigley
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Investment Insights
Based on property information with market context.
This 2,450-square-foot brick duplex was built in 1914 and includes two residences. The upper unit has an enclosed rear porch and a private balcony; the lower unit also has an enclosed rear porch. A detached two-car garage and a gated parking pad provide on-site parking. Each residence has separate utilities. Tuckpointing was completed in 2024, and the property also has newer water heaters and interior updates.
At 4421 N Kimball Avenue in Chicago’s Albany Park neighborhood, the property is near the CTA Brown Line, restaurants, cafes, shops, pharmacies, and other neighborhood businesses.
At 4421 N Kimball Avenue in Chicago’s Albany Park neighborhood, the property is near the CTA Brown Line, restaurants, cafes, shops, pharmacies, and other neighborhood businesses.
Key Highlights
- 2,450‑square‑foot brick building constructed in 1914
- Detached two‑car garage and gated parking pad
- Separate utilities for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,841
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,820
$816.8K
Cap Rate 7%
$583,443
$583.4K
Cap Rate 9%
$453,789
$453.8K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$61.7K $25.20/SF
− Vacancy
−$3.4K −$1.39/SF
EGI
$58.3K $23.81/SF
− OpEx
−$17.5K −$7.14/SF
NOI
$40.8K $16.67/SF
Area
Chicago, IL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,820
Cap Rate 7%
$583,443
Cap Rate 9%
$453,789
Alternative Uses
Best Use
Multifamily LT 5
$583.4K
$510.5K – $680.7K
NOI $40,841 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$536.5K
$469.5K – $625.9K
NOI $37,556 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,862 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,282
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities serve each residence, with additional outdoor space on the upper floor.
Where is this duplex located?
The property is located at 4421 N Kimball Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,450‑square‑foot brick building constructed in 1914; Detached two‑car garage and gated parking pad; Separate utilities for each residence
