Renovated Four-Building Multifamily
For Sale
Contact for pricing
4150-4158 S Western Avenue, Chicago, IL 60609
Ten residential units across four side-by-side buildings, with nine currently leased and updated interiors ready for occupancy.
Property SizeContact for details
Days on Market70
Property Features for 4150-4158 S Western Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
90%
Net Operating Income
$128,496
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
10
Building Details
Year Built
2009
Stories
4
Units
10
Tenancy
Multi
Listing Agency:
The Leading Realtors Corp
(630) 455-9995
Listed By:
Jim Mantas · License #IL 471008761
Source:
Crexi
Added: Jun 4
Changed: Aug 12
Last Checked: Aug 12 at 12:41PM
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 The Leading Realtors Corp
Investment Insights
Based on property information with market context.
This offering includes 10 residential units within four newer-construction, four-story, side-by-side mixed-use buildings. Unit mix consists of four 3-bedroom, 2-bath apartments and six 2-bedroom, 2-bath apartments, each with a functional floor plan and updated finishes. Each unit has its own separate PIN number. According to the seller, all units have been extensively renovated and updated, positioning the property for a turnkey residential ownership experience.
The property is located at 4150-4158 S Western Avenue in Chicago, with rear parking accommodations and abundant unrestricted street parking for residents and guests. The mixed-use buildings include first-floor commercial spaces that are not included in the sale, though the seller notes they may be acquired separately as a package deal for an additional purchase price. The site is described as being near public transportation and major expressways, including I-55, as well as shopping, dining, and parks.
For buyers seeking an income-producing multifamily asset, nine of the ten residential units are currently leased, which can support immediate occupancy for an owner-operator or investor. With a clear 2-bedroom/3-bedroom mix and updated unit interiors, the property may appeal to renters looking for contemporary living arrangements while providing a manageable portfolio structure through four connected buildings.
The property is located at 4150-4158 S Western Avenue in Chicago, with rear parking accommodations and abundant unrestricted street parking for residents and guests. The mixed-use buildings include first-floor commercial spaces that are not included in the sale, though the seller notes they may be acquired separately as a package deal for an additional purchase price. The site is described as being near public transportation and major expressways, including I-55, as well as shopping, dining, and parks.
For buyers seeking an income-producing multifamily asset, nine of the ten residential units are currently leased, which can support immediate occupancy for an owner-operator or investor. With a clear 2-bedroom/3-bedroom mix and updated unit interiors, the property may appeal to renters looking for contemporary living arrangements while providing a manageable portfolio structure through four connected buildings.
Key Highlights
- Ten residential units in four side‑by‑side, four‑story mixed‑use buildings; built in 2009
- Nine of 10 residential units are currently leased, providing immediate in‑place rental income
- Unit mix: four 3‑bedroom, 2‑bath apartments and six 2‑bedroom, 2‑bath apartments
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
90%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Ten residential units across four side-by-side buildings, with nine currently leased and updated interiors ready for occupancy.
Where is this apartment building located?
The property is located at 4150-4158 S Western Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Ten residential units in four side‑by‑side, four‑story mixed‑use buildings; built in 2009; Nine of 10 residential units are currently leased, providing immediate in‑place rental income; Unit mix: four 3‑bedroom, 2‑bath apartments and six 2‑bedroom, 2‑bath apartments
