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4825 N Springfield Ave, Chicago, IL, 60625
Two-Building Multifamily Portfolio

4825 N Springfield Ave Chicago, IL 60625

For Sale
Contact for pricing
Pending

Two multifamily buildings with a mix of studios, one-bedrooms, and two-bedroom units plus two parking spaces.

Property Size33,700 SF
Days on Market104

Property Features for 4825 N Springfield Ave

General Information

Standard status
Pending
Size
33,700 SF
Property subtype
Multifamily
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: James Ziegler · License #IL 475.151507
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 23 at 8:30AM

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.

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Hotel & Motel Bed & Breakfast (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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)
More about this property
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