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$899,000
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Property Description
Well-maintained 6-unit, 6644 SF large size apartment building in the heart of Archer Heights, this property is an excellent investment opportunity with a desirable unit mix: 1 one-bedroom unit, 2 two-bedroom units, 1 three-bedroom unit, 2 four-bedroom units; Shared on-site laundry facilities. The corner location provides excellent sunlight and ventilation throughout the building Conveniently situated just one block to Curie High School, and St. Bruno Catholic School right next building, this property is in a highly accessible neighborhood with strong rental demand. Additional features include: Easy access to CTA Orange Line Pulaski Station, quick access to I-55 and Highway 50. Nearby grocery stores ALDI, Cermak Fresh Market, Pete's Fresh Market, Walmart Supercenter, and Tony's Fresh Market. Whether you're looking to expand your investment portfolio or acquire a stable multi-family asset in a well-established Chicago neighborhood, this property offers outstanding value and long-term potential.
Full Property Details
Full Property Details for 4858 S Springfield Ave
General
- Price: $899,000
- Taxes: $9,383 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12725381
Location
- Area: CHI - Archer Heights
- County: Cook
- Township: South Chicago
- Driving Directions: I-55 S to Pulaski Rd, south to 49th St, east to Springfield Ave, then north to the property
- Location Details: Corner
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat
Utilities
- Trash: 3600
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,927
- Lot Dimensions: 3927SF
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $6,000
- Operating Expenses: $32,779
- Assessment Year: 1926
- Tax Amount: $9,383.5
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity
- Pays Electric: 1095
- Pays Trash: 3600
Disclosures and Reports
- Property ID: 19111080180000
Listed by Concentric Realty Inc.
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Schools
Schools serving 4858 S Springfield Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Edwards Elementary School 4815 South Karlov Avenue, Chicago, IL 60632 | PK-8 | 0.2 mi |
Curie Metropolitan High School 4959 South Archer Avenue, Chicago, IL 60632 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 4858 S Springfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,263
—
$50,000
52%
2023
$6,263
3%
$33,000
—
2022
$6,084
2%
$33,000
—
2021
$5,966
30%
$33,000
39%
2020
$4,596
-5%
$23,735
-14%
2019
$4,856
2%
$27,599
—
2018
$4,773
-27%
$27,599
-18%
2017
$6,563
4%
$33,861
—
2016
$6,282
10%
$33,861
—
2015
$5,724
10%
$33,861
11%
2014
$5,182
2%
$30,496
—
2013
$5,068
1%
$30,496
—
2012
$5,025
—
$30,496
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4858 S Springfield Ave
4858 S Springfield Avenue, Chicago, IL 60632 (MLS# 12725381) is a Commercial property. 4858 S Springfield Avenue is currently listed for $899,000 and was received on August 06, 2026. Want to learn more about 4858 S Springfield Avenue? Do you have questions about finding other Commercial real estate for sale in Archer Heights? You can browse all Archer Heights real estate or contact a Coldwell Banker agent to request more information.

