BEDS6
BATHS3 full
MLS#12722361
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBack of the Yards
SCHOOLDistrict 299
Property Description
Great Value-Add Investment Opportunity - Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. The building is in need of updating throughout and offers an excellent opportunity for renovation and increased value. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Daylight, Walk-Out Access
Garage: 2
Heating: Natural Gas
Lot Size: 24 x 125
Taxes: $1,793
Year Built: 1893
Feature Descriptions
Additional rooms: Den
Exterior: Aluminum Siding
Lot Dimensions: 24 x 125
Parcel#: 20081150060000
Parking: Off Site, Detached, Garage
Sewer: Public Sewer
Total Rooms: 16
Township: Lake
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 312-254-0200
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimate Your Payment
Estimated Payment
$ 1,539.42 per month $1,314.20 Principal & Interest $149.42 Property Tax $75.80 Homeowner's Insurance
4811 S Elizabeth Street | MLS# 12722361
This multi-family property located at 4811 S Elizabeth Street, Chicago, IL 60609 is currently listed for sale with an asking price of $259,900. S Elizabeth Street is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.