4533 Elm Avenue Brookfield, IL $ 895,000
4533 Elm Avenue
$ 895,000
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4533 Elm Avenue

Brookfield, IL, 60513
$ 895,000
Bedrooms11 Baths5.0

Monthly Estimate*

$ 5,651

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Multi-Family Home for sale in Brookfield, IL

for $895,000 with 11 bedrooms and 5 full baths. This home was built in 1973.

MULTIPLE OFFERS RECEIVED, deadline for all offers is July 8th. Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring finished basement/in-law as a part of a duplex unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income and a proven history of reliable, long-term tenants who consistently on time with their rent. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. Tenants are responsible for their own electric service, while other utilities are paid by ownership. Detailed operating expenses and income estimates are available upon request through the listing agent. Recent improvements including a brand-new commercial washer and dryer, newer flooring in select units, newer windows updated A/C units and newer HVAC. Property management is familiar with the building and tenants and is willing to remain in place, providing a seamless transition for a new owner. Whether you are looking to expand your investment portfolio or acquire a stable, income-generating asset with upside potential, this property is a must-see. Schedule your private showing today.

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Multi-Family Contingent

Price

$ 895,000

Bedrooms

11

Full Bath

5

Property Type

Multi-Family

Taxes

$ 16,647

Style

Year Built

1973

Town/City

Brookfield

County/Region

Cook

MLS | Web ID

12695230

Features
General
Sewer Public Sewer Overhead Sewers
Heating Natural Gas Baseboard
Possession Negotiable
Roof Asphalt
Zoning MULTI
Garage Spaces 4
Architectural Style Other
Construction Materials Brick
Year Built 1973
Township Lyons
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 19
Status Contingent
Directions Ogden to Elm Ave South to Subject
High School Lyons Twp High School
City Brookfield
High School District 204
MLS Area Brookfield
Tax Annual Amount 16647.12
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 103
Elementary School District 103
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Interior
Basement Finished Full Walk-Out Access
Total Bedrooms 11
Room Type Utility Room-Lower Level
Total Baths 5
Bedrooms Possible 11
Bathroom Separate Shower Double Sink Soaking Tub
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Exterior Amenities Balcony
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Lot Features Landscaped
Water Source Lake Michigan
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 58X149
Waterfront Y/N N
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* Excluded Features
List By
Homesmart Connect Llc

Broker

ananovakovicrealtor@gmail.com

Email

Affordability Calculator

$7,038
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,651
Monthly Property Taxes
$1,387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565968 Elementary School
565651 Middle School
Lyons Twp High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$895,000 Listed Price

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4533 Elm Avenue, Brookfield, IL, 60513 is a Multi-Family Home for sale at $895,000. 4533 Elm Avenue has 11 bedrooms, 5.0 baths, and was built in 1973. The property's zip code is 60513 which is in Brookfield, IL