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Multi-Building Property in Portage Park
For Sale
$599,000
Pending

4053 N Mobile Avenue, Chicago, IL 60634

Unique multi-building property in Chicago's Portage Park neighborhood.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market151

Property Features for 4053 N Mobile Avenue

General Information

Standard status Pending
Lot size 0.32 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $26,294

Amenities

Central air
2 Fireplaces
Composition Roof
Rubber Roof
Window Unit(s) Cooling

Building Details

Year Built 1916
Listing Agency: TRITON REALTY GROUP LLC
Listed By: LUKASZ WOJCIK · License #475139979
Source: Corcoran
Added: Mar 26 Changed: Aug 8 Last Checked: Jul 23 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRITON REALTY GROUP LLC

Investment Insights

Based on property information with market context.

This multi-building property is situated on an oversized 13,738 square foot lot in Chicago's Portage Park neighborhood. The asset includes a front two-unit building and a rear building with four apartments and an attached two-car garage. The rear building features a large three-bedroom, two-bathroom owner's unit with a private yard. There is parking space for five cars in front of the lot. Located on a quiet, tree-lined street near Six Corners, the property benefits from strong rental demand, convenient access to public transportation, and proximity to neighborhood retail and amenities. The property is suitable for investors seeking a redevelopment or long-term hold opportunity with multiple exit strategies and strong value-add potential.

Key Highlights

  • Oversized 13,738 SF lot in Chicago's Portage Park neighborhood.
  • Multi‑building property with a 2‑unit front building and a 4‑unit rear building.
  • Rear building includes a large 3bd 2ba owner's unit with a private yard.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Cafe & Coffee Shop Hotel & Motel Skin Care Clinic Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unique multi-building property in Chicago's Portage Park neighborhood.
Where is this apartment building located?
The property is located at 4053 N Mobile Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Oversized 13,738 SF lot in Chicago's Portage Park neighborhood.; Multi‑building property with a 2‑unit front building and a 4‑unit rear building.; Rear building includes a large 3bd 2ba owner's unit with a private yard.
More about this property
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