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As-Is Multifamily Income Property
For Sale
$250,000

4119 W Adams St, Chicago, IL 60624

Multifamily property sold as-is, with condition unknown and currently believed occupied.

Days on Market130

Property Features for 4119 W Adams St

General Information

Standard status Active
Property subtype Multi Family Home

Building Details

Year Built 1906
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #BRK.200900214
Source: Amyleerealty
Added: Mar 26 Changed: Jul 25 Last Checked: Aug 2 at 1:52PM

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 Bang Realty

Investment Insights

Based on property information with market context.

This multifamily income property is offered for sale in an as-is condition, and the condition is unknown. The sale terms note possible defects, potential health or safety hazards, debris, and that the property may be located within a Special Flood Hazard Area. The seller indicates utilities have not been disconnected, and the buyer will be responsible for payment of utilities consumed and any related tenant reimbursement or collection.

To the best of the seller’s knowledge, the property is occupied. The buyer accepts responsibility for any necessary eviction, lease or rental negotiations, and other steps to clarify legal occupancy status, and agrees to hold the seller and its agents harmless regarding consequences and costs tied to occupancy.

Auction and compliance disclosures require proof of funds or financing pre-qualification within 24 hours of the auction, along with any required documentation submitted to the auctioneer within that timeframe. The buyer is also responsible for any required zoning certification with associated costs, potential transfer compliance requirements, and payment for any UCC liens of record as applicable to the title commitment.

Key Highlights

  • Multifamily property built in 1906
  • Sold as‑is with condition unknown; may include defects, health or safety hazards, or debris
  • To best of seller’s knowledge, the property is currently occupied; buyer may need to handle eviction/lease negotiations

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store

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

1,080
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
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?
Multifamily property - Multifamily property sold as-is, with condition unknown and currently believed occupied.
Where is this multifamily property located?
The property is located at 4119 W Adams St Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Multifamily property built in 1906; Sold as‑is with condition unknown; may include defects, health or safety hazards, or debris; To best of seller’s knowledge, the property is currently occupied; buyer may need to handle eviction/lease negotiations
More about this property
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