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Property profile & analytics
FOR SALE
Retail residential properties

4504 Irving Park Rd Chicago, IL 60641-2809

0.09 ac lot Built 2006
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US28-0073997
Property summary
AI-generated overview

This exceptional mixed-use property, located at 4504 Irving Park Road in Chicago, Illinois, presents a lucrative investment opportunity. Built in 2011, this all-brick building boasts a total of 13,750 square feet situated on a 7,841 square foot lot. The property comprises eight units, offering a blend of residential and commercial space. Seven updated apartments are included, featuring a mix of spacious floor plans. Four units offer expansive 1,750 square feet of living space, each with two bedrooms and two bathrooms. Three additional units provide bright and open 1,250 square feet of living space, also with two bedrooms and two bathrooms. Each residential unit includes in-unit laundry (washer/dryer), hardwood floors, granite countertops, stainless steel appliances, and a fireplace. Complementing the residential units is a substantial 3,000 square feet of retail space, ideal for a variety of businesses. Ample parking is available, with designated spaces for each residential unit and the retail space. The asking price for this remarkable property is $2,675,000. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use building in a desirable Chicago location with strong rental income potential. The property's attractive features and prime location make it an ideal investment for discerning buyers seeking a blend of residential and commercial income streams. The zip code is 60641.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2006
Lot 0.09 ac (3,752 SF)
APN 13-15-318-076
UPID US28-0073997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fit City Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.67M
Owner & transaction history
Yvonne Riolo · 1 yrs held
Yvonne Riolo
since 2025
Last sale
$2.6M
6 recorded transactions
2025
$2.6M
2021
$2.1M
2010
$12.1M
2007
Price N/A
2006
$517,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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