16
See all 16 photos
$249,000
Est. payment /mo
6 Beds
3 Baths
Price Dropped by $10K
4811 S Elizabeth ST Chicago, IL 60609
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Back Of The Yards
MLS Listing ID 12722361
Bedrooms 6
Year Built 1893
Annual Tax Amount $1,793
Tax Year 2023
Lot Dimensions 24 x 125
Property Sub-Type Two to Four Units
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. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!
Location
State IL
County Cook
Area Chi - New City
Rooms
Basement Finished, Daylight, Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Aluminum Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Elizabeth Maldonado of @properties Christie's International Real Estate
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in North Aurora, IL
- Homes For Sale in Crystal Lake, IL
- Homes For Sale in Wheaton, IL
- Homes For Sale in Gilberts, IL
- Homes For Sale in Montgomery, IL
- Homes For Sale in Batavia, IL
- Homes For Sale in Joliet, IL
- Homes For Sale in Oswego, IL
- Homes For Sale in Yorkville, IL
- Homes For Sale in West Chicago, IL
- Homes For Sale in Bolingbrook, IL
- Homes For Sale in Sandwich, IL
- Homes For Sale in Arlington Heights, IL
- Homes For Sale in Blue Island, IL
- Homes For Sale in Carol Stream, IL
- Homes For Sale in Elgin, IL
- Homes For Sale in Plano, IL
- Homes For Sale in Evergreen Park, IL
- Homes For Sale in Bloomingdale, IL
- Homes For Sale in Bloomingdale, IL
- Homes For Sale in Elmhurst, IL
- Homes For Sale in Dolton, IL
- Homes For Sale in Chicago, IL
- Homes For Sale in Harvard, IL
- Homes For Sale in Riverdale, IL
- Homes For Sale in Aurora, IL
- Homes For Sale in Darien, IL
- Homes For Sale in Waukegan, IL
- Homes For Sale in Minooka, IL
- Homes For Sale in Newark, IL
- Homes For Sale in Downers Grove, IL
- Homes For Sale in New Lenox, IL
- Homes For Sale in Maywood, IL
- Homes For Sale in Marseilles, IL