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    34-Unit Multifamily Building with Retail Title is generated by Realmo AI

    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
    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

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    Listing Contact
    David Szymanowski

    Listing agent David Szymanowski License #475206149

    Listing office Sperry Van Ness

    Listing date May 26, 2026

    Source Compass

    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 Sperry Van Ness

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.748023
    Latitude
    41.909892

    FAQs

    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
    More about this property
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