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    4459 W Jackson Blvd Chicago, IL 60624

    For Sale
    $700,000

    Commercial Sale - Chicago, IL

    Days on Market:
    77
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 4459 W Jackson Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    16151200500000

    Building Details

    Year built
    1925
    Number of units
    9
    Architectural style
    Other

    33 Realty (773) 327-4975 [email protected]

    Listing agent Davis Edgerly (773) 327-4975 License #475159923

    Listing date Sep 23, 2025

    MLS# 12476249 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Garfield Park Multifamily Investment

    Located in the West Garfield Park neighborhood, 4459 W Jackson Blvd is a solid brick 9-unit building. The building features three tiers of units with a mix of 2 bed / 1 bath and 1 bed / 1 bath unit apartments. The units include hardwood floors, gas forced-air heat, and individually metered electric. The kitchens include ranges and refrigerators. The building has a strong rental history and consistent cash flow and currently benefits from on-site management that is available to continue with a new owner. The real upside is in the current below market rents. A new owner can increase the in-place market rents or add section 8 tenants to dramatically improve the cash flow. The building is located just a quick walk to the CTA Blue Line Pulaski Station, multiple bus routes, and the I-290 Eisenhower Expressway, with quick access downtown and to the western suburbs. The building delivers strong cash flow today with easy upside and rent growth in 2026 and beyond. This multi-family investment property offers long-term upside.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7375387
    Latitude
    41.8766864

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    FAQs

    What type of property is this?
    Apartment building - Solid brick 9-unit building with cash flow and upside.
    Where is this apartment building located?
    The property is located at 4459 W Jackson Blvd Chicago, IL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Strong cash flow with significant upside potential.; - Convenient location with easy access to CTA Blue Line, multiple bus routes, and I-290 Expressway.; - Solid brick 9-unit building with a mix of 2 bed/1 bath and 1 bed/1 bath apartments.
    (773) 327-4975
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    4459 W Jackson Blvd Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4459 W Jackson Blvd Chicago, IL 60624
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