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Renovated 3-Unit Triplex Building
New
For Sale
$725,000

4917 W Addison Street, Chicago, IL 60641

Updated multifamily building with modern kitchens, baths, dedicated furnaces, and on-site laundry.

Property SizeContact for details
Days on Market6

Property Features for 4917 W Addison Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $9,848

Amenities

on site laundry

Building Details

Year Built 1923
Buildings 1
Listing Agency: Juniper Real Estate LLC
Listed By: Charles Vasbinder · License #471021520
Source: Allinonerealestateco
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 11 at 1:12PM

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 Juniper Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1923, this three-unit triplex building has undergone a comprehensive renovation and is maintained with updated residential systems. The interiors feature modern kitchens and bathrooms, while copper plumbing and new electric service support the property’s infrastructure. Each unit has its own furnace and water tank, providing dedicated mechanical equipment for the residences.

On-site laundry adds a practical shared amenity, and the property is located in Chicago’s Portage Park area at 4917 W Addison Street. The combination of three residential units, renovated interiors, and updated building systems creates a clearly configured multifamily asset.

Key Highlights

  • 3 unit building in Portage Park
  • Gut renovated interiors with modern kitchens and baths
  • Copper plumbing and new electric service

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Acupuncture Real Estate Agency Hotel & Motel Skin Care Clinic (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,734
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
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?
Triplex - Updated multifamily building with modern kitchens, baths, dedicated furnaces, and on-site laundry.
Where is this triplex located?
The property is located at 4917 W Addison Street Chicago, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3 unit building in Portage Park; Gut renovated interiors with modern kitchens and baths; Copper plumbing and new electric service
More about this property
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