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West Garfield Park Multifamily Investment

4537 W Congress Parkway Chicago, IL 60624

For Sale

$699,000

MULTI_FAMILY - Chicago, IL

Lot size:

0.15 Acres

For Sale

$699,000

MULTI_FAMILY - Chicago, IL

Lot size:

0.15 Acres

Added:: May 12, 2026
Days on Market:: 62
Last Refresh:: Jul 12 at 12:06 am

Property Features for 4537 W Congress Parkway

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 14
Bathrooms: 7
Rooms: Bedroom 3, Bedroom 11, Bedroom 5, Bedroom 7, Bathroom 2, Bedroom 10, Bathroom 3, Bedroom 2, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 13, Bedroom 14, Bedroom 12, Bathroom 6, Bedroom 8, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 4, Bathroom 5
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 agent David McLennan License #475165323

Listing office Pearson Realty Group 1000 N. MILWAUKEE AVE, Chicago, IL

Listing date May 12, 2026

MLS# 12644813 Listing URL

Investment Insights

Based on property information with market context.

This seven-unit rental building is situated in the West Garfield Park neighborhood, conveniently located between the West Loop and Oak Park. The property is a few blocks from the Eisenhower Expressway and the Green Line train stop, approximately six miles from downtown Chicago. The legal six-unit apartment building features a center entrance with wide, light-filled stairways that have been recently refinished and repainted. The units were renovated a few years ago and feature updated kitchens and new windows, with all windows replaced in 2023. New copper plumbing has been installed in each unit. The roof was also repaired as needed in 2023. Each unit includes two bedrooms and one bathroom and is currently fully leased, generating cash flow. Each unit has a separate gas forced air furnace and electric hot water tank. Tenants are responsible for their own gas and electric utilities. There is a seventh nonconforming two-bedroom, one-bathroom garden unit, which has also been renovated and is currently occupied by the owner's contractor. The property also includes two separate garages with a total of four parking spaces, which are currently not rented but could provide additional income. The lot size is 0.1475 acres.

Key Highlights

Brick 7‑unit rental building with center entrance and wide, light‑filled stairways
Legal 6‑unit apartment building plus a 7th nonconforming 2 bed/1 bath garden unit
Recent updates include refinished stairways/landings and repainted walls, plus unit renovations with new kitchens and windows

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Apartment buildings
IL
Chicago
60624
4537 W Congress Parkway

What type of property is this?

Apartment building - Seven-unit building near West Loop and public transit.

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: Brick 7‑unit rental building with center entrance and wide, light‑filled stairways; Legal 6‑unit apartment building plus a 7th nonconforming 2 bed/1 bath garden unit; Recent updates include refinished stairways/landings and repainted walls, plus unit renovations with new kitchens and windows

4537 W Congress Parkway Chicago, IL 60624

MULTI_FAMILY - Chicago, IL

Property Features for 4537 W Congress Parkway

General Information

Taxes and HOA fees

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Corner Development Site in Chicago

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Mixed-Use Building in Irving Park

Convenience Store Retail Building with Parking

Work-Live Mixed-Use Building

Chicago Commercial Buildings For Sale

Wicker Park Corner Retail Building

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