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Listed by Jose Hernandezof Coldwell Banker Realty
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Est. payment /mo
Price Dropped by $105K
4954 W Byron ST Chicago, IL 60641
10 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12546329
Bedrooms 10
Year Built 1899
Annual Tax Amount $13,667
Tax Year 2024
Lot Dimensions 3075
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity in Portage Park! This unique multi-building property features three legal units across two buildings with projected rental income of approximately $8,100 per month. The front building offers a spacious first-floor 4BD/1BA unit with potential to duplex into the bright finished basement or explore ADU possibilities (buyer to verify), along with a recently remodeled, modern second-floor 2BD/1BA unit. The rare legal rear coach house features a spacious 3BD/2BA layout, separate utilities, a flood-control system, and strong rental appeal. All units include in-unit laundry, separate utilities, and separate water heaters. ALL MAJOR IMPROVEMENTS COMPLETED WITHIN THE LAST TWO YEARS include updated electrical and plumbing systems, newer kitchens and bathrooms, updated HVAC systems with central air and forced-air heat, newer appliances, newer porches, and a concrete patio/yard area. The bright finished basement includes two additional bedrooms and offers excellent expansion potential. Ideally located near Six Corners with convenient access to public transportation, shopping, dining, and entertainment. This turnkey property offers immediate income potential and future upside for investors, owner-occupants, or multi-generational living.
Location
State IL
County Cook
Community Park, Street Lights, Street Paved, Sidewalks
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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