4950 North Christiana Avenue

Chicago, IL 60625

$1,650,000
Price
18
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

4948-4950 North Christiana Avenue is a multi-family investment property located in Chicago's Albany Park neighborhood. This eight- unit building features a mix of six two-bedroom/one-bath units and two three-bedroom/one-bath units, offering diverse options for tenants. The property has undergone renovations, including newer kitchens with granite countertops, updated bathrooms, central heating and air conditioning, and upgraded electrical systems. Additionally, it boasts a new roof and a recently...4948-4950 North Christiana Avenue is a multi-family investment property located in Chicago's Albany Park neighborhood. This eight- unit building features a mix of six two-bedroom/one-bath units and two three-bedroom/one-bath units, offering diverse options for tenants. The property has undergone renovations, including newer kitchens with granite countertops, updated bathrooms, central heating and air conditioning, and upgraded electrical systems. Additionally, it boasts a new roof and a recently updated porches. There is also a 4 car garage at the rear of the property, which provides additioanl income potential.
  1. Listed by Stephen Rachman • Marcus & Millichap Chicago Apartment Brokers

Property Details for 4950 North Christiana Avenue

Area
CHI - Albany Park
Zoning
MULTI
LISTING UPDATED: 10/03/2024 12:07 AM

Property Details for 4950 North Christiana Avenue

StatusActive
MLS #12175214
Days on Market8
Taxes$15,238 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1924
Lot Size0.13 AC / 5,500 SF
CountyCook County

Building Information for 4950 North Christiana Avenue

Stories3Residences8Year Built1924Building Size-Lot Size0.13 AC / 5,500 SF

Property Information for 4950 North Christiana Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gravity
  • Num of Baths: 8.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 44X126
  • Lot Size Square Feet: 5500.0
  • Stories: 3
  • Lot Size Source: County Records
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 5
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $2,500.00
  • Fuel Expense: $2,800.00
  • Gross Income: $145,200.00
  • Gross Scheduled Income: $145,200.00
  • Insurance Expense: $4,480.00
  • Maintenance Expense: $5,041.00
  • Janitor Expense: 0
  • Other Expense Source: Broker Projection
  • Total Monthly Income: 12100
  • Net Operating Income: $99,193.00
  • Operating Expense: $48,851.00
  • Other Expense: $7,400.00
  • Trash Expense: $2,040.00
  • Water Sewer Expense: $3,640.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4950 North Christiana Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4950 North Christiana Avenue

Taxable ValueLand$15,750Additions$91,250Total$107,000
Tax Record2022$22,086 ($1,841 / month)
Home Facts
Baths6Total Finished SqFt6,789 SqFtAbove Grade Finished SqFt6,789 SqFtStories3Lot Size5,625 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN13-11-420-014

Schools near 4950 North Christiana Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hibbard Elementary School
PublicPK to 6

Roosevelt High School
Public9 to 12

Von Steuben Metro Science High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4950 North Christiana Avenue is a multi-family home for sale in Chicago, IL 60625. This property was listed for sale on September 27, 2024 by Marcus & Millichap Chicago Apartment Brokers, it's currently listed at $1,650,000. It has been on the market for a total of 8 days and was last sold on May 31, 2023. This listing's school district is City Of Chicago School District 299. Nearby schools include Hibbard Elementary School, Albany Park Multicultural Elementary School and Roosevelt High School. 4950 North Christiana Avenue is a 18-bed, 8-bath, multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap Chicago Apartment Brokers

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/03/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.