4811 S Elizabeth Street, Chicago, IL 60609

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4811 S Elizabeth Street,Chicago, IL 60609
$259,900
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: elizabeth maldonado
Office: @properties christie's international real estate
MLS#:12722361
Source:MLSNI

Price summary

  • Price:$259,900

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. 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...

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Home facts

  • Year built:1893
  • Subdivision & Development:Back of the Yards
  • Listing ID #:12722361
  • Updated:August 14, 2026 at 11:20 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:16
  • Basement Description:Finished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1893

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$259,900
  • Tax amount:$1,793 (2023)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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