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Four-Unit Quadplex with Finished Basement
For Sale
Under Contract
$895,000

4533 Elm Avenue, Brookfield, IL 60513

Residential Income, Brookfield, IL

Property SizeContact for details
Days on Market49

Property Features for 4533 Elm Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bathroom 5, Bathroom 3, Laundry Room, Bedroom 8, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Basement, Utility Room, Bedroom 11, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 4, Bedroom 9, Bedroom 2, Bedroom 10
Parking 4
Parking features Garage, Open
Patio and Porch features Porch
Exterior features Balcony
Basement Walk-Out Access, Full, Finished
Lot features Landscaped
High school Lyons Twp High School
Elementary school district 103
Middle school district 103
High school district 204
Directions Ogden to Elm Ave, South to Subject
Subdivision Brookfield
Standard status Active Under Contract
APN 18034140320000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 16647

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas

Amenities

on-site laundry facilities

Building Details

Year built 1973
Building materials Brick
Roof type Asphalt
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Ana Novakovic · License #475197086
Added: Jul 3 Changed: Aug 20 Last Checked: Aug 20 at 12:06PM
MLS# 12695230

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This professionally managed, exceptionally well-maintained four-unit quadplex features a brick exterior with a finished basement/in-law component as part of a duplex unit. The property includes a balcony and porch, plus a 4-car garage. Heating is provided by baseboard systems with natural gas, and the home is served by public sewer. On-site laundry facilities add additional convenience for tenants. Tenants are responsible for their own electric service, while other utilities are paid by the ownership.

Recent improvements include a brand-new commercial washer and dryer, newer flooring in select units, newer windows, updated A/C units, and newer HVAC. Built in 1973, the property also has an asphalt roof. A property management team familiar with the building and tenants is available and willing to remain in place, supporting a seamless transition.

Multiple offers have been received, with a deadline for all offers of July 8th.

Key Highlights

  • Professionally managed and exceptionally well‑maintained four‑unit quadplex
  • Finished basement/in‑law component as part of a duplex unit
  • Brick exterior with balcony and porch

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Barber Shop Daycare Center

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 60513, IL

19,514
Population
8,025
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
6,098
Density / Sq Mi
$108,527
Median Household Income
$63,410
Median Earnings
$1,334
Median Rent
$314,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Professionally managed four-unit quadplex with brick exterior, balcony, and on-site laundry facilities.
Where is this quadplex located?
The property is located at 4533 Elm Avenue Brookfield, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Professionally managed and exceptionally well‑maintained four‑unit quadplex; Finished basement/in‑law component as part of a duplex unit; Brick exterior with balcony and porch
More about this property
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