ActivePrice Reduced

$239,000

$259,900
4811 Elizabeth Street, Chicago, IL 60609
6 Beds3 Baths63 days
4811 Elizabeth Street·Chicago, IL 60609
6Bedrooms
3Bathrooms
1893Year Built
About This Home

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. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!

MLS# 12722361Listed August 6, 2026Residential IncomeSubdivision: Back of the Yards
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms16

Size & Structure

Garage Spaces2
Year Built1893
Lot Size24 x 125

Location

CountyCook
TownshipLake
SubdivisionBack of the Yards
Zip Code60609

Financial

List Price$239,000
Original Price$259,900
Annual Taxes (2023)$1,793
Monthly Tax Est.$149
Parcel #20081150060000
Interior Features

Heating

Natural Gas

Basement

FinishedDaylightWalk-Out Access
Exterior & Lot

Construction

Aluminum Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Off SiteDetachedGarage
Tax & Financial
Annual Taxes
$1,793
Tax Year 2023
Monthly Tax Est.
$149
per month
Price Reduced by $20,900
Original list price: $259,900
Property Location

4811 Elizabeth Street, Chicago, IL 60609 — Cook County

$239,000
4811 Elizabeth Street
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
63 days on market
2-car garage
24 x 125
$1,793/yr taxes
Price reduced $20,900
$1,405
estimated monthly payment
Principal & Interest
$1,256/mo
Property Tax
$149/mo
$239,000
20% — $47,800
3%50%
6.875%
3%12%
Loan Amount
$191,200
Down Payment
$47,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Elizabeth Maldonado
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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