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$3,395,000

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 4854 W North Ave

General

  • Price: $3,395,000
  • HOA FEE: $22,950
  • Taxes: $36,842 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12662269
  • Updated: 6/9/2026
  • Added to Site: 40 day(s) ago

Location

  • Area: CHI - Austin
  • County: Cook
  • Driving Directions: West on W North and S on Cicero

Heating & Cooling

  • Heating Type: Other

Utilities

  • Trash: 7835

Structural Information

  • Stories/Levels: 4
  • Year Built: 1929
  • Built Before 1978: Yes

Unit Information

  • # Dryers: 4

Lot Features

  • Lot Dimensions: 100 x 110

Financial Considerations

  • Maint. Fee: $22,950
  • Insurance Fee: $19,551
  • Operating Expenses: $175,423
  • Other Fee: $8,500
  • Assessment Year: 1929
  • Tax Amount: $36,842
  • Tax Year: 2023
  • Pays Electric: 7632
  • Pays Trash: 7835

Disclosures and Reports

  • Property ID: 13334230400000

Listed by Sperry Van Ness

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— 4854 W North Ave —

  • Sperry Van Ness

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 4854 W North Ave

School District:Chicago Public School District 299
NameGradesDistance
Lewis Elementary School
1431 North Leamington Avenue, Chicago, IL 60651
PK-80.4 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4854 W North Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Price Reduced
$3,395,000
-6.99%
MLS
5/29/2026
Listed
$3,650,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4854 W North Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,421
—
$120,750
38%
2023
$18,421
3%
$87,308
—
2022
$17,958
2%
$87,308
—
2021
$17,557
21%
$87,308
34%
2020
$14,563
11%
$65,374
—
2019
$13,134
2%
$65,374
—
2018
$12,914
-1%
$65,374
8%
2017
$13,024
7%
$60,500
—
2016
$12,117
9%
$60,500
—
2015
$11,086
-1%
$60,500
—
2014
$11,225
2%
$60,500
—
2013
$11,003
1%
$60,500
—
2012
$10,857
—
$60,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Sperry Van Ness

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Price Reduced near 4854 W North Ave

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    Sq. Ft.
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4854 W North Avenue, Chicago, IL 60639 (MLS# 12662269) is a Commercial property. 4854 W North Avenue is currently listed for $3,395,000 and was received on May 29, 2026. Want to learn more about 4854 W North Avenue? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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