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7-Unit Brick Apartment Building
For Sale
$699,000

4537 W Congress Parkway, Chicago, IL 60624

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market104

Property Features for 4537 W Congress Parkway

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 14
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 5, Bathroom 5, Bedroom 9, Bedroom 2, Bathroom 1, Bedroom 11, Bedroom 14, Bathroom 6, Bathroom 2, Bedroom 12, Bedroom 10, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 13, Bathroom 4, Bathroom 7
Directions If traveling west from the city, W. on the Eisenhower to the Kostner exit, which feeds onto Congress Pkwy. Continue W on Congress Pkwy to 4537. If traveling E from the W. Suburbs, take the Eisenower to Cicero Ave exit. N on Cicero to Congress Pkwy, E on Congress to 4537. Bldg is located on the SE corner of Congress and Kolmar Ave.
Subdivision CHI - West Garfield Park
Standard status Active
APN 16151310320000
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 13134

Building Details

Year built 1900
Floors in Building 3
Number of units 7
Building materials Brick
Listing Agency: Pearson Realty Group
Listed By: David McLennan · License #475165323
Added: May 12 Changed: Aug 20 Last Checked: Aug 23 at 3:06AM
MLS# 12644813

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.

Built in 1900, this brick apartment property contains a legal six-unit building plus a seventh nonconforming garden apartment. The apartments are configured as two-bedroom, one-bath units, with renovations completed a few years ago, including updated kitchens and new windows throughout in 2023. Common stairways and landings were refinished and repainted, while copper service was added to each unit. Every apartment has its own gas forced-air furnace and electric hot water tank, with residents paying their gas and electric expenses.

The property occupies 0.1475 acres at 4537 W Congress Parkway in Chicago’s West Garfield Park neighborhood, between the West Loop and Oak Park. The Eisenhower Expressway and a Green Line light rail stop are a few blocks away, and downtown Chicago is 6 miles from the property. Two detached garages provide four parking spaces. The apartments are fully leased; the garden unit is occupied by the owner’s contractor, while the garage spaces are currently available for additional use.

Key Highlights

  • Legal 6‑unit apartment building with a 7th nonconforming 2 bed/1 bath garden unit
  • All units are 2 beds/1 bath and currently fully leased
  • New windows throughout in 2023; stairways and landings refinished and repainted

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom

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

7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

902
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?
Apartment building - Brick multifamily property with renovated apartments, separate mechanical systems, and additional garage parking.
Where is this apartment building located?
The property is located at 4537 W Congress Parkway Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Legal 6‑unit apartment building with a 7th nonconforming 2 bed/1 bath garden unit; All units are 2 beds/1 bath and currently fully leased; New windows throughout in 2023; stairways and landings refinished and repainted
More about this property
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