West Garfield Park Multifamily
4537 W Congress Parkway Chicago, IL 60624
For Sale
$699,000
MULTI_FAMILY - Chicago, IL
Lot Size0.15 Acres
Days on Market74
Property Features for 4537 W Congress Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 14
- Bathrooms
- 7
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 9, Bedroom 7, Bathroom 7, Bedroom 2, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 10, Bathroom 4, Bedroom 8, Bathroom 6, Bedroom 12, Bedroom 14, Bedroom 13, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 11
- Standard status
- Active
- APN
- 16151310320000
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 13134
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 7
- Building materials
- Brick
Listing Agency:
Pearson Realty Group
(773) 325-2800
Listed By:
David McLennan · License #475165323
(773) 325-2800
Added: May 12
Changed: Jul 20
Last Checked: Jul 24 at 3:06PM
MLS# 12644813
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Investment Insights
Based on property information with market context.
This seven-unit rental building is situated in the West Garfield Park neighborhood, conveniently located between the West Loop and Oak Park. The property is a few blocks from the Eisenhower Expressway and the Green Line train stop, approximately six miles from downtown Chicago. The legal six-unit apartment building features a center entrance with wide, light-filled stairways that have been recently refinished and repainted. The units were renovated a few years ago and feature updated kitchens and new windows, with all windows replaced in 2023. New copper plumbing has been installed in each unit. The roof was also repaired as needed in 2023. Each unit includes two bedrooms and one bathroom and is currently fully leased, generating cash flow. Each unit has a separate gas forced air furnace and electric hot water tank. Tenants are responsible for their own gas and electric utilities. There is a seventh nonconforming two-bedroom, one-bathroom garden unit, which has also been renovated and is currently occupied by the owner's contractor. The property also includes two separate garages with a total of four parking spaces, which are currently not rented but could provide additional income. The lot size is 0.1475 acres.
Key Highlights
- 7‑unit rental building in West Garfield Park (brick construction), with legal 6‑unit apartment plus a 7th nonconforming 2 bed/1 bath garden unit
- All units are 2 bed/1 bath and currently fully leased; separate gas forced air furnace and hot water tank (electric) in each unit
- Renovations include new kitchens and new windows; all windows replaced in 2023 and stairways/landings refinished plus walls repainted
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Seven-unit building near West Loop and public transit.
Where is this apartment building located?
The property is located at 4537 W Congress Parkway Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 7‑unit rental building in West Garfield Park (brick construction), with legal 6‑unit apartment plus a 7th nonconforming 2 bed/1 bath garden unit; All units are 2 bed/1 bath and currently fully leased; separate gas forced air furnace and hot water tank (electric) in each unit; Renovations include new kitchens and new windows; all windows replaced in 2023 and stairways/landings refinished plus walls repainted