Detached Coach House Quadplex

4749 N Dover Street Chicago Chicago, IL 60640

Claim this Listing
New
For Sale
$1,300,000

Brick two-flat with a finished walk-out garden unit and detached multi-level coach house, providing four income streams.

Type:Two to Four Units
Property size:
4,613 SF
Price / SF:
$281/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 10 at 2:28 am

Property Features for 4749 N Dover Street Chicago

General Information

Standard status
Active
Size
4,613 SF
Property subtype
Two to Four Units

Building Details

Year Built
1912

Listing office

Listing date Jul 9, 2026

Source Remaxadream

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 Luigui Corral


Investment Insights

Based on property information with market context.

This for-sale multi-unit property features a classic, solid brick 2-flat with three distinct living spaces, plus a fully finished walk-out garden unit, creating three income-producing units within the main building. The layout also includes multiple separate entrances or exits per unit, supporting privacy and safety.

A detached, multi-level solid brick coach house sits at the rear of the property. It offers an open living and dining area, a kitchen with granite countertops, two bedrooms and a full bathroom, and an additional basement level with dedicated private in-unit laundry. A private patio and mini garden are included with the coach house.

Within the finished walk-out lower level, the garden unit includes three bedrooms and a private bathroom, along with an open-concept kitchen and modern finishes. A designated shared laundry room serves the main building units and is accessible via the shared walk-out basement entrance or multiple interior entrances. The property also includes ample off-street parking, and a landscaped backyard with a swimming pool, expansive patio, pergola, and outdoor spaces for relaxing.

Key Highlights

  • 10‑bedroom, 5‑bath 4‑unit property with a finished walk‑out full basement and walk‑up access
  • Classic solid brick 2‑flat plus a fully finished walk‑out garden unit in the main building
  • Detached multi‑level solid brick coach house with 2 bedrooms, 1 full bath, and in‑unit laundry in the basement

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $116.2k $25.20
− Vacancy −$6.4k −$1.39
EGI $109.9k $23.81
− OpEx −$33.0k −$7.14
NOI $76.9k $16.67
4,613 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.10M
$961.2K – $1.28M (±1% cap)
NOI $76,898 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$1.01M
$883.9K – $1.18M (±1% cap)
NOI $70,713 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M (±1% cap)
NOI $152,251 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store Home Appliance Store Nursing Home Auto Parts Store (Bike/Boat/Book/etc) Store Nursing Home Locksmith Catering Service Carpet & Flooring Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Brick two-flat with a finished walk-out garden unit and detached multi-level coach house, providing four income streams.
Where is this quadplex located?
The property is located at 4749 N Dover Street Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10‑bedroom, 5‑bath 4‑unit property with a finished walk‑out full basement and walk‑up access; Classic solid brick 2‑flat plus a fully finished walk‑out garden unit in the main building; Detached multi‑level solid brick coach house with 2 bedrooms, 1 full bath, and in‑unit laundry in the basement
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