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Updated Four-Unit Brick Quadplex
For Sale
Under Contract
$850,000

4956 LOUISE Street, Skokie, IL 60077

Residential Income, Skokie, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market51

Property Features for 4956 LOUISE Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Basement, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Fencing Fenced
Basement Unfinished, Exterior Entry, Full
Elementary school district 69
Middle school district 69
High school district 219
Directions 1 BLOCK S OF OAKTON AND 2 BLOCKS W OF SKOKIE BLVD
Subdivision Skokie
Standard status Active Under Contract
APN 10282010220000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17674

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

laundry in basement
fenced backyard

Building Details

Year built 1950
Building materials Brick
Roof type Flat, Asphalt
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Benjamin Hickman · License #475159801
Added: Aug 5 Changed: Sep 12 Last Checked: Sep 24 at 2:06AM
MLS# 12724739

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.

This four-unit quadplex is a brick-built property completed in 1950 on a 0.11-acre lot. Each residence uses the same mirrored floor plan, with oak hardwood flooring, updated kitchens and bathrooms, ceramic tile, upgraded cabinetry and countertops, stainless steel appliances, and newer windows. Basement laundry serves the property, while some furnaces and water heaters have been replaced. Exterior improvements include enclosed rear grounds, renewed walkways and porch areas, refreshed landscaping, upgraded rear-porch siding, and newer interior and exterior doors.

The property is fully occupied and situated in downtown Skokie within the Niles West High School District. It has MULTI zoning, forced-air natural-gas heating, public water, and public sewer. The roof is flat asphalt, and the site includes updated access and outdoor areas.

Key Highlights

  • Four‑unit property with mirrored floor plans and full occupancy
  • 0.11‑acre lot with fenced backyard and refreshed landscaping
  • Built in 1950 with brick construction and flat asphalt roof

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Fully occupied property with refreshed interiors, basement laundry, and a fenced backyard.
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: Four‑unit property with mirrored floor plans and full occupancy; 0.11‑acre lot with fenced backyard and refreshed landscaping; Built in 1950 with brick construction and flat asphalt roof
More about this property
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