4811 S Elizabeth Street Chicago, IL $ 259,900
4811 S Elizabeth Street
$ 259,900
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4811 S Elizabeth Street

Chicago, IL, 60609
$ 259,900
Bedrooms6 Baths3.0

Monthly Estimate*

$ 1,641

4811 S Elizabeth Street, Chicago, IL 60609 - Image 1
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4811 S Elizabeth Street, Chicago, IL 60609 - Image 8
4811 S Elizabeth Street, Chicago, IL 60609 - Image 9

Multi-Family Home for sale in Chicago, IL

for $259,900 with 6 bedrooms and 3 full baths. This home was built in 1893.

Great Value-Add Investment Opportunity - Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. The building is in need of updating throughout and offers an excellent opportunity for renovation and increased value. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!

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Multi-Family Active

Price

$ 259,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,793

Style

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12722361

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Aluminum Siding
Year Built 1893
Township Lake
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Back of the Yards
Total Rooms 16
Status Active
Directions East on 47th Street to Throop south on Throop to 48th Street east on 48th street to Elizabeth Street North on Elizabeth to 4011.
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 1793
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Daylight Walk-Out Access
Total Bedrooms 6
Room Type Den
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Off Site Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 24 x 125
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

lm@atproperties.com

Email

Affordability Calculator

$1,790
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,641
Monthly Property Taxes
$149
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$259,900 Listed Price

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4811 S Elizabeth Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $259,900. 4811 S Elizabeth Street has 6 bedrooms, 3.0 baths, and was built in 1893. The property's zip code is 60609 which is in Chicago, IL