4407 W Adams Street Chicago, IL $ 1,300,000
4407 W Adams Street
$ 1,300,000
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4407 W Adams Street

Chicago, IL, 60624
$ 1,300,000
Bedrooms9 Baths0.0

Monthly Estimate*

$ 8,004

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Multi-Family Home for sale in Chicago, IL

for $1,300,000 with 9 bedrooms. This home was built in 1925.

TURN KEY, HIGH-Income producing gem in West Garfield Park area right across an elementary school. All 8 units are occupied with long-term strong tenants at maximum market rents. Full rehab in 2017 from top to bottom. 4 units are 4bedroom 1bath and 4 units are 5bedroom 1 bath. Each unit is 1400sqft. All units have Separate utilities (gas and electric). The property also features a gated parking lot in the back generating additional income. It also comes with a security system with cameras and a key fob system. Easy access to DOWNTOWN! Close to I290 expressway, shopping, restaurants and parks. CHECK ADDITIONAL DOCUMENTS FOR ALL FINANCIALS 2024-2025. WITH 20-30 down, your investment will have high-yield returns. The building has a high cost segregation opportunity as well for high deductions.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 21,000

Style

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12564531

Features
General
Cooling Central Air
Zoning MULTI
Year Built 1925
Tenant Pays Electricity Heat
Stories Count 3
Tax Year 2023
Gross Income 171600
County Cook
Net Operating Income 115600
Operating Expense 55000
Insurance Expense 11000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 15000
Status New
Directions N on Kostner and Jackson to Adams. Right on Adams.
City Chicago
Number Of Units Total 8
MLS Area CHI - West Garfield Park
Tax Annual Amount 21000
Electric Expense 480
Fuel Expense 1
Trash Expense 4000
Water Sewer Expense 4200
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 8.5
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Exterior
Lot Dimensions 6091
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* Excluded Features
List By
Ellsbury Group Llc

Broker

bilalaaare@gmail.com

Email

Affordability Calculator

$9,754
Per Month
82%
18%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$1,750
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2026$1,300,000 Listed Price

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4407 W Adams Street, Chicago, IL, 60624 is a Multi-Family Home for sale at $1,300,000. 4407 W Adams Street has 9 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60624 which is in Chicago, IL