Opportunity knocks in Albany Park! This classic 1921 Chicago bungalow is waiting for its next chapter, and it could be yours. Investors, here's your next fix-and-flip. Homeowners, here's your chance to rehab a house into the home you've always pictured. Hardwood floors, ceiling fans, a kitchen, a full bath, a finished attic with bedrooms, and a full basement with laundry give you a solid start. Outside are a rear deck, a yard and a detached 2-car garage. Dreaming bigger? It sits on a 32x124 lot zoned RT-4, with potential for a multi-unit new construction project. It's about 0.6 mi to the Kimball Brown Line and close to Eugene Field Park and the shops and restaurants along Lawrence and Pulaski. Rehab it, flip it, build it or make it home. Opportunities like this don't wait, so act fast! Sold as-is.
Single-familyProperty Type
1921Year Built
3,968 sq ftLot Size
$252Price/Sq.Ft.
2 car garageParking
Listed by Rudy Gandy• Premier Agent Network Illinois LLC
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Volta Elementary School
Public PreK-8 • Assigned • 0.1mi
4/10
Roosevelt High School
Public 9-12 • Assigned • 0.6mi
1/10
Provided by GreatSchools
About Albany
Park
Albany Park, located between the North Branch of the Chicago River and the Kennedy Expressway, is a residential and commercial Chicago neighborhood with a river-edge greenway and a global dining corridor. The neighborhood’s character concentrates along Lawrence Avenue at Kedzie Avenue, where late-night taquerias, bakeries, produce markets, and small storefront cafes keep the sidewalks in motion. Brick two-flats and courtyard apartments line leafy blocks, while larger mixed-use buildings cluster near the main streets. The Riverwalk and nearby parks trace the water’s bends with paths and open lawns. The Old Irving Brewing Co., the Irish American Heritage Center, and the Albany Park Theater Project anchor local culture with taproom gatherings and performances.
Provided by Walk Score and Local Logic
Market insights
4847 N Springfield Ave · $349,000
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
LIST PRICE
$349,000
Median sale price in this area is $399,175. (14% higher than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Finished attic
Full, unfinished basement
Bedrooms
3 bedrooms on the main level
Bathrooms
1 full bathroom
Laundry & utility
Basement laundry
Heating & cooling
Forced-air heating
Exterior features
Deck
Home design
Detached home
1.5 stories
Parking
Detached, owned garage
2 garage spaces
Construction
Stucco construction
100+ years old
Utilities
Lake Michigan water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60625
Average low and high temperatures (°F)
31
17
39
25
55
35
62
44
68
50
83
64
87
70
83
67
80
61
69
52
52
39
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4847 N Springfield Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $387,500 and $515,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $388K to $515K.