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34-Unit Multifamily Building with Retail

4854 West North Avenue, Chicago, IL 60639

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For Sale

$3,650,000

A well-maintained 34-unit building with two commercial spaces and largely newly remodeled apartments.

Type:Multi Family 5+ / Multi Family 5+-Courtyard

HighLights

34‑unit multifamily building (built 1929) with (2) commercial spaces, (6) studios, (18) 1 bed/1 bath, and (8) 2 bed/1 bath units
Majority of units newly remodeled with updated kitchens and baths and new appliances
4850 W North Ave has (2) newer boilers and (2) 200‑gallon water tanks
Recent improvements include newer electrical, newer porches, and a newer roof
On‑site security and exterior lighting include a high‑quality interior/exterior camera system and LED exterior lighting
Laundry amenities: (4) washers and (4) dryers

We can help!

Listing Contact

David Szymanowski

Learn more

For Sale

$3,650,000

A well-maintained 34-unit building with two commercial spaces and largely newly remodeled apartments.

Type:Multi Family 5+ / Multi Family 5+-Courtyard

Added:: May 26, 2026
Days on Market:: 16
Last Refresh:: Jun 6 at 1:53 am

Property Features for 4854 West North Avenue

General Information

Standard status: Active
Property subtype: Multi Family 5+ / Multi Family 5+-Courtyard

Building Details

Year Built: 1929

We can help!

Listing Contact

David Szymanowski

Listing agent David Szymanowski License #475206149

Listing office Sperry Van Ness

Listing date May 26, 2026

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HighLights

34‑unit multifamily building (built 1929) with (2) commercial spaces, (6) studios, (18) 1 bed/1 bath, and (8) 2 bed/1 bath units
Majority of units newly remodeled with updated kitchens and baths and new appliances
4850 W North Ave has (2) newer boilers and (2) 200‑gallon water tanks
Recent improvements include newer electrical, newer porches, and a newer roof
On‑site security and exterior lighting include a high‑quality interior/exterior camera system and LED exterior lighting
Laundry amenities: (4) washers and (4) dryers

Overview

This 34-unit multifamily property includes (6) studio units, (18) one-bedroom one-bath apartments, and (8) two-bedroom one-bath apartments, along with two commercial spaces. Many units have been newly remodeled with updated kitchens and baths and new appliances. The building also features newer key mechanical and exterior components, including two newer boilers, two 200-gallon water tanks, newer electrical systems, newer porches, and a newer roof, supported by a high-quality interior and exterior camera system and LED exterior lighting. For in-unit convenience, the property is equipped with four washers and four dryers.

Located at 4854 West North Avenue, the building is positioned near strong retail centers, with easy access to neighborhood shopping and services. The configuration allows the property to serve both residential tenants and retail occupants through the included commercial spaces.

For buyers or operators, the mix of residential unit types plus on-site commercial space provides a balanced approach to tenanting within a single asset. With a majority of units newly remodeled and substantial building improvements already in place, the property is presented in strong, well-maintained operating condition.

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City: Chicago
County: Cook
State: Illinois
Longitude: -87.748023
Latitude: 41.909892

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For sale
Apartment buildings
IL
Chicago
60639
4854 West North Avenue

What type of property is this?

Apartment building - A well-maintained 34-unit building with two commercial spaces and largely newly remodeled apartments.

Where is this apartment building located?

The property is located at 4854 West North Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $3,650,000.

What are key features of this property?

This property features: 34‑unit multifamily building (built 1929) with (2) commercial spaces, (6) studios, (18) 1 bed/1 bath, and (8) 2 bed/1 bath units; Majority of units newly remodeled with updated kitchens and baths and new appliances; 4850 W North Ave has (2) newer boilers and (2) 200‑gallon water tanks