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4537 W Congress Parkway, Chicago, IL, 60624
West Garfield Park Multifamily Investment

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
Listed By: David McLennan · License #475165323
Added: May 12 Changed: Jul 20 Last Checked: Jul 24 at 3:06PM
MLS# 12644813

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.


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

Suggested Use

Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Spa & Massage Center Pharmacy

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

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
More about this property
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