West Garfield Park Income
For Sale
Contact for pricing
4407 W Adams St, Chicago, IL 60624
Turn-key, high-income producing 8-unit building near elementary school.
Property Size11,200 SF
Price / SF$104.02
Days on Market190
Property Features for 4407 W Adams St
General Information
Standard status
Active
Size
11,200 SF
Class
C
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$120,000
Building Details
Year Built
1925
Year Renovated
2018
Buildings
1
Stories
4
Units
8
Listing Agency:
Ellsbury Group
(219) 200-5133
Listed By:
Bilal Hussain · License #IL475.193711
Source:
Crexi
Added: Feb 13
Changed: Aug 11
Last Checked: Aug 21 at 11:05PM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
Located in the West Garfield Park area, this is an 8-unit residential building. The property was fully renovated in 2017. The building contains four units with 4 bedrooms and 1 bath, and four units with 5 bedrooms and 1 bath; each unit offers 1400 square feet of living space. Each unit has separate gas and electric utilities. A gated parking lot at the rear of the property generates additional income. The property includes a security system with cameras and a key fob system. The property is located across from an elementary school and offers convenient access to downtown, the I-290 expressway, shopping, restaurants, and parks. The property is occupied with long-term tenants at market rents.
Key Highlights
- High‑income producing property with all 8 units occupied at maximum market rents.
- Full rehab completed in 2017.
- Separate utilities for each unit (gas and electric).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turn-key, high-income producing 8-unit building near elementary school.
Where is this apartment building located?
The property is located at 4407 W Adams St Chicago, IL.
What is the asking price?
The asking price for this property is $1,165,000.
What are key features of this property?
This property features: High‑income producing property with all 8 units occupied at maximum market rents.; Full rehab completed in 2017.; Separate utilities for each unit (gas and electric).
