4925 N Albany Avenue Chicago, IL $ 1,150,000
4925 N Albany Avenue
$ 1,150,000
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4925 N Albany Avenue

Chicago, IL, 60625
$ 1,150,000
Bedrooms12 Baths8.0 Sq 5,250

Monthly Estimate*

$ 7,081

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Multi-Family Home for sale in Chicago, IL

for $1,150,000 with 12 bedrooms and 8 full baths. This 5,250 square foot home was built in 1923.

Turnkey 4-Unit Opportunity in Albany Park Exceptional, fully remodeled 4-unit building offering immediate income, low maintenance, and outstanding long-term upside. Each spacious unit features a desirable 3-bedroom, 2-bath layout with in-unit laundry, creating strong tenant demand and premium rental potential. All four units have been renovated to a consistent modern standard with updated kitchens, bathrooms, flooring, and mechanicals, making this a true move-in-ready asset. Investors will appreciate the stable income, efficient management, and minimal upfront capital required. Owner-occupants will love the opportunity to live in one unit while generating income from the others. Tenants pay their own utilities, helping keep expenses low and returns strong. The property also includes a 2-car garage plus additional parking, adding convenience and value for residents. Ideally located near the Brown Line, shopping, dining, and all that Albany Park has to offer, this property combines convenience, quality, and strong rental demand. Whether you're expanding your portfolio or looking for a live-in investment, this is a rare opportunity to own a fully updated 4-unit in a highly desirable neighborhood.

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Multi-Family Contingent

Price

$ 1,150,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 10,700

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12601447

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Negotiable Tenant's Rights
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1923
Township Jefferson
Tax Year 2023
Ownership Fee Simple
Gross Income 121000
County Cook
Net Operating Income 99000
Insurance Expense 7000
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 23
Status Contingent
Directions LAWRENCE TO Albany N To Property
City Chicago
High School District 299
MLS Area CHI - Albany Park
Tax Annual Amount 10700
Electric Expense 50
Water Sewer Expense 250
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full Daylight
Total Bedrooms 12
Total Baths 8
Bedrooms Possible 12
Full Baths Building 8
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Off Alley Owned Garage
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 30X125
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

realtor101@gmail.com

Email

Affordability Calculator

$7,972
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$892
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,150,000 Listed Price

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4925 N Albany Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $1,150,000 with 5,250 sqft. 4925 N Albany Avenue has 12 bedrooms, 8.0 baths, and was built in 1923. The property's zip code is 60625 which is in Chicago, IL