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Updated Four-Unit Quadplex
New
For Sale
$850,000

4956 LOUISE Street, Skokie, IL 60077

Fully occupied residential income property with refreshed interiors, basement laundry, and outdoor improvements.

Property SizeContact for details
Days on Market5

Property Features for 4956 LOUISE Street

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $17,673

Amenities

laundry in basement
fenced backyard

Building Details

Year Built 1950
Listing Agency: RE/MAX Plaza
Listed By: Benjamin Hickman · License #475159801
Source: Dawnmckennagroup
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 3:41PM

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 RE/MAX Plaza

Investment Insights

Based on property information with market context.

This four-unit quadplex is configured as a two-flat property with mirrored floor plans across the units. Interior features include oak hardwood flooring, newer kitchens and bathrooms, ceramic tile finishes, upgraded cabinetry and countertops, stainless steel appliances, and newer windows. Laundry facilities are located in the basement, and some furnaces and water heaters have been replaced.

The property also includes a fenced backyard, refreshed landscaping, updated walkways and porch areas, upgraded siding at the rear porch, and newer interior and exterior doors. Built in 1950, the building is fully occupied and located in downtown Skokie within the Niles West High School District.

Key Highlights

  • Fully occupied 4‑unit quadplex configured as a two‑flat property
  • Mirrored floor plans across all units
  • Oak hardwood floors, newer kitchens and bathrooms, and stainless steel appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Restaurant Bakery Garden Center Cosmetic Store Florist (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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,332
Businesses Nearby

Demographics for 60077, IL

28,856
Population
11,317
Households
2.5
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
6,870
Density / Sq Mi
$80,765
Median Household Income
$40,996
Median Earnings
$1,450
Median Rent
$327,400
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 - Fully occupied residential income property with refreshed interiors, basement laundry, and outdoor improvements.
Where is this quadplex located?
The property is located at 4956 LOUISE Street Skokie, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully occupied 4‑unit quadplex configured as a two‑flat property; Mirrored floor plans across all units; Oak hardwood floors, newer kitchens and bathrooms, and stainless steel appliances
More about this property
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