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    4533 Elm Avenue, Brookfield, IL 60513

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    Claim this Listing
    New
    For Sale
    $895,000

    MULTI_FAMILY - Brookfield, IL

    Added:
    Jul 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jul 6 at 4:06 am

    Property Features for 4533 Elm Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    11
    Bathrooms
    5
    Rooms
    Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 8, Bedroom 1, Bathroom 2, Bedroom 11, Bathroom 5, Laundry Room, Bedroom 4, Bedroom 10, Basement, Utility Room, Bedroom 2, Bedroom 7, Bathroom 4
    Parking
    4
    Parking features
    Garage, Open
    Patio and Porch features
    Porch
    Exterior features
    Balcony
    Basement
    Full, Finished, Walk-Out Access
    Standard status
    Active
    APN
    18034140320000

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    16647

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1973
    Building materials
    Brick
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Ana Novakovic

    Listing agent Ana Novakovic License #475197086

    Listing office HomeSmart Connect LLC 3030 Salt Creek Lane #145, Arlington Heights, IL

    Listing date Jul 3, 2026

    MLS# 12695230 Listing URL

    Copyright © 2026 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.

    HighLights

    • 4‑unit investment property plus a lower‑level 3‑bedroom garden/in‑law unit
    • Current rents: 3BR $1,900/mo; 1BR $1,350/mo; 2BR $1,700/mo and $1,750/mo; garden/in‑law 3BR $1,800/mo
    • Income from 4 garage spaces at $550/mo and on‑site laundry averaging about $200/mo
    • Recent upgrades include brand‑new commercial washer/dryer, newer flooring in select units, newer windows, updated A/C units, and newer HVAC
    • Tenants pay their own electric; other utilities are paid by ownership; public sewer service
    • Built in 1973 with brick construction, asphalt roof, and a balcony plus porch

    Overview

    This for-sale four-unit residential income property includes an additional garden/in-law unit and a 4-car garage. The rental mix comprises a spacious 3-bedroom unit, a 1-bedroom unit, and two 2-bedroom units, along with a lower-level 3-bedroom garden/in-law unit. Current rents include $1,900/month, $1,350/month, $1,700/month, $1,750/month, and $1,800/month. Income also comes from four garage spaces at $550/month and on-site laundry averaging approximately $200/month. Tenants pay their own electric service while other utilities are paid by ownership.

    The property is located at 4533 Elm Avenue in Brookfield, Illinois. Recent updates noted in the listing include a brand-new commercial washer and dryer, newer flooring in select units, newer windows, updated A/C units, and newer HVAC.

    For investors or owner-operators seeking a small multifamily with unit diversity, the existing tenant roster and documented rent schedule provide a straightforward starting point. The listing also notes that management is familiar with the building and tenants and is willing to remain in place to support a seamless transition. Detailed operating expenses and income estimates are available upon request through the listing agent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Daycare Center Skin Care Clinic Barber Shop Bakery (Bike/Boat/Book/etc) Store Nursing Home Cosmetic Store Clothing & Fashion Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Cook
    State
    Illinois
    Longitude
    -87.849378
    Latitude
    41.807731

    FAQs

    What type of property is this?
    Apartment building - Four units plus a garden/in-law unit with on-site laundry and updated mechanicals, currently generating current monthly rents.
    Where is this apartment building located?
    The property is located at 4533 Elm Avenue Brookfield, IL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 4‑unit investment property plus a lower‑level 3‑bedroom garden/in‑law unit; Current rents: 3BR $1,900/mo; 1BR $1,350/mo; 2BR $1,700/mo and $1,750/mo; garden/in‑law 3BR $1,800/mo; Income from 4 garage spaces at $550/mo and on‑site laundry averaging about $200/mo
    More about this property
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