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About the Listing 88207 - 182986,887019,371001
4860 W Byron presents a rare opportunity to acquire a fully-leased, 8-unit building in prime Portage Park. The unit mix consists of six 2-bedroom/1-bath units, and two 1-bedroom/1-bath units, all of which have undergone recent upgrades including new flooring, fresh paint, and modern kitchens with stainless steel appliances. Several units have been fully rehabbed. Building-wide improvements include a replaced sewer line (2022), upgraded boiler components (2022), refreshed common areas (2022), tuckpointing (2018 & 2022), and new basement windows (2020). The roof was serviced in 2018, offering added peace of mind for future owners. With a 2024 net operating income of $94,734 and additional laundry income, this property delivers immediate cash flow and long-term upside. Located on a quiet, tree-lined street near transit, parks, and schools, this property is ideal for both seasoned investors and 1031 Exchange buyers. No deferred capital needs. Simply collect rent from day one.
Listing Highlights for 4860 W Byron St
Status
Pending
Days on Site
69
Property Type
Multi-Family
MLS ®
12413504
Year Built
1926
Total Square Footage
0
Lot/Acreage
0.14
County
Cook
Area
CHI - Portage Park
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Central Bldg Heat,Radiators,Steam
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50 X 123
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $16,396
- Taxes w/Assessments: N/A
- Tax/Property ID: 13212070160000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
4860 W Byron St Chicago, IL 60641
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