4854 W North Avenue Chicago, IL ^$ 3,650,000

4854 W North Avenue

^$ 3,650,000

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4854 W North Avenue

Chicago, IL, 60639

^$ 3,650,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 22,474

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Multi-Family Home for sale in Chicago, IL

for $3,650,000 with 3 bedrooms. This home was built in 1929.

Pleased to present a 34-unit Multifamily building located on the border of North Austin and Belmont Cragin. The property is steps away from strong retail centers. The unit mix consists of (2) Commercial Spaces, (6) studios, and (18) 1 Bedroom 1 Bath, (8) 2 Bedroom 1 Bath Apartments. Majority of units have been newly remodeled with updated kitchens and baths and new appliances. 4850 W North Ave is equipped with (2) newer boilers, (2) 200-gallon water tanks, newer electrical, newer porches, newer roof, high-quality interior and exterior camera system, LED exterior lighting and lastly (4) Washers & (4) dryers. The building is in very strong condition and well-maintained and managed.

Multi-Family Active

Price

^$ 3,650,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 36,842

Style

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12662269

Features

General

Year Built 1929

Stories Count 4

Tax Year 2023

Gross Income 449108

Additional Parcels Description 13334230410000

County Cook

Net Operating Income 273685

Operating Expense 175423

Insurance Expense 19551

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 22950

Status New

Directions West on W North and S on Cicero

City Chicago

Number Of Units Total 34

MLS Area CHI - Austin

Tax Annual Amount 36842

Electric Expense 7632

Fuel Expense 33464

Trash Expense 7835

Water Sewer Expense 13792

Additional Parcels Y/N Y

Standard Status Active

Cap Rate 7.5

Exterior

Lot Dimensions 100x110

* Excluded Features

List By

Sperry Van Ness

Broker

David.Szymanowski@svn.com

Affordability Calculator

$25,544

Per Month

Monthly Principal & Interest: $22,474
Monthly Property Taxes: $3,070
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$619,760

Percent of Sale Price 83%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/29/2026	$3,650,000		Listed Price

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4854 W North Avenue, Chicago, IL, 60639 is a Multi-Family Home for sale at $3,650,000. 4854 W North Avenue has 3 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/30/2026.

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4854 W North Avenue

Multi-Family Home for sale in Chicago, IL

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