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$590,786
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Property Description
Thrilled to present this incredible income-generating multi-family property in the heart of Albany Park-one of Chicago's most vibrant and evolving neighborhoods. Tucked into a charming, tree-lined street where historic character meets urban convenience, this solid, sun-drenched brick beauty is more than just real estate, it's an opportunity. Whether you're an investor looking for turnkey income or an owner-occupant dreaming of house-hacking your way to financial freedom, this one checks all the boxes. Legal 2-flat with a full finished garden-level unit -complete with front and back entrances-functioning like a 3-unit building. It's surrounded by a neighborhood revitalization, making it a smart buy in a high-upside area. First Floor Unit: A bright and spacious 1-bedroom/1-bath, with access to common laundry and a utility room. Great for steady rental income or a cozy in-law setup. Second Floor Unit: Spacious 2-bedroom/1-bath with additional tandem room-perfect as an office or extra bedroom. Ideal for living in style or generating premium rent. The Garden Level): A generously sized 2-bedroom/1-bath with a private vibe and lots of potential. -live in one, rent the rest, or rent them all and watch the cash flow. There's also a 2-car garage and fully fenced backyard! The property sits on a block that clearly shows pride of ownership, think well-kept homes, friendly neighbors, and walkable access to parks, schools, local shops, and restaurants. Plus, you're minutes from the Blue Line, Metra, 90/94, and the Jefferson Park transit hub-whether you're headed downtown or to O'Hare, you're covered. Albany Park/Mayfair is a neighborhood on the rise, and this home is your chance to get in while the momentum is hot. It's move-in ready, income-ready, and future-proof. Bring your vision, your calculator, or your suitcase, this one's ready to go.
Full Property Details
Full Property Details for 4731 N Keystone Ave
General
- Sold For: $590,786
- Taxes: $8,258 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12490349
- Added to Site: 100 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Sump Pump, Water Heater-Gas
Exterior
- Exterior Features: Lighting
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Albany Park
- County: Cook
- Subdivision: Mayfair
- Driving Directions: 1 block West of Pulaski Road and a Half a Block South of Lawrence Avenue. (4700 North and 4000 West): Directions: North of South on Pulaski Ave to Eastwood Ave, West on Eastwood to Keystone Ave. Keystone is a One-Way North Bound. North on Keystone to property.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Palmer Elementary School
- High School: Taft High School
- Private School: Taft High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Foundation: Block, Concrete Perimeter
- Roof: Tar/Gravel, Flat
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4125
- Fence: Yes
- Lot Features: Garden
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1922
- Tax Amount: $8,258
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13152070210000
Listed by REMAX Legends
Sold by Real Broker LLC
Get Pre-Approved Today
Schools
Schools serving 4731 N Keystone Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Haugan Elementary School 4540 North Hamlin Avenue, Chicago, IL 60625 | PK-6 | 0.3 mi |
Roosevelt High School, Chicago, IL 3436 West Wilson Avenue, Chicago, IL 60625 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4731 N Keystone Ave
Date
Details
Price
Change
Source
1/13/2026
Sold
$590,786
11.49%
MLS
10/07/2025
Listed
$529,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4731 N Keystone Avenue, Chicago, IL 60630 (MLS# 12490349) is a Multi-Family property that was sold at $590,786 on January 13, 2026. Want to learn more about 4731 N Keystone Avenue? Do you have questions about finding other Multi-Family real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

