Updated Brick Apartment
For Sale
$1,049,000
Pending
4136 W Palmer Street, Chicago, IL 60639
Ten-bedroom property with updated kitchens, baths, mechanical systems, laundry, garage, and private parking.
Property SizeContact for details
Days on Market129
Property Features for 4136 W Palmer Street
General Information
Standard status
Pending
Property subtype
MULTI_FAMILY
Net Operating Income
$80,500
Financials
Cap Rate
7.5%
Gross Income
$108,000
Gross Rent Multiplier
9.95
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,682
Amenities
on-site coin laundry
Building Details
Year Built
1923
Construction
brick
Listing Agency:
Real 1 Realty
(847) 361-9722
Listed By:
Travis Bjork
Source:
Dawnmckennagroup
Added: Apr 17
Changed: Aug 16
Last Checked: Aug 15 at 11:55AM
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 Real 1 Realty
Investment Insights
Based on property information with market context.
This all-brick Chicago apartment building, constructed in 1923, contains 10 bedrooms and 6 bathrooms across the property. Every unit features updated kitchens and baths, stainless steel appliances, granite countertops, refinished hardwood flooring, original stained-glass accents, and woodwork. Capital improvements include tuckpointing, newer individually controlled forced-air furnaces, central air systems, updated hot water heaters, and other mechanical upgrades. Additional on-site features include coin laundry, a 2-car garage, a private parking pad, and free street parking.
Located at 4136 W Palmer Street, the property sits just west of Logan Square in a residential setting surrounded by single-family homes. Healy Metra station is two blocks away, and the Fullerton bus line provides additional commuter access. The property is offered with annual leases and carries a 7.5 cap rate and 9.95 GRM.
Located at 4136 W Palmer Street, the property sits just west of Logan Square in a residential setting surrounded by single-family homes. Healy Metra station is two blocks away, and the Fullerton bus line provides additional commuter access. The property is offered with annual leases and carries a 7.5 cap rate and 9.95 GRM.
Key Highlights
- 10 bedrooms and 6 bathrooms across the property
- Every unit includes updated kitchens and baths, stainless steel appliances, granite countertops, and refinished hardwood flooring
- Capital improvements include tuckpointing, forced‑air furnaces, central air systems, and updated hot water heaters
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,337
Businesses Nearby
Explore this area
Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten-bedroom property with updated kitchens, baths, mechanical systems, laundry, garage, and private parking.
Where is this apartment building located?
The property is located at 4136 W Palmer Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: 10 bedrooms and 6 bathrooms across the property; Every unit includes updated kitchens and baths, stainless steel appliances, granite countertops, and refinished hardwood flooring; Capital improvements include tuckpointing, forced‑air furnaces, central air systems, and updated hot water heaters
