4954 W Byron Street Chicago, IL $ 995,000
4954 W Byron Street
$ 995,000
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4954 W Byron Street

Chicago, IL, 60641
$ 995,000
Bedrooms10 Baths5.0

Monthly Estimate*

$ 6,283

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Multi-Family Home for sale in Chicago, IL

for $995,000 with 10 bedrooms and 5 full baths. This home was built in 1899.

Exceptional investment opportunity in Portage Park! This unique multi-building property features three legal units across two buildings with projected rental income of approximately $8,100 per month. The front building offers a spacious first-floor 4BD/1BA unit with potential to duplex into the bright finished basement or explore ADU possibilities (buyer to verify), along with a recently remodeled, modern second-floor 2BD/1BA unit. The rare legal rear coach house features a spacious 3BD/2BA layout, separate utilities, a flood-control system, and strong rental appeal. All units include in-unit laundry, separate utilities, and separate water heaters. ALL MAJOR IMPROVEMENTS COMPLETED WITHIN THE LAST TWO YEARS include updated electrical and plumbing systems, newer kitchens and bathrooms, updated HVAC systems with central air and forced-air heat, newer appliances, newer porches, and a concrete patio/yard area. The bright finished basement includes two additional bedrooms and offers excellent expansion potential. Ideally located near Six Corners with convenient access to public transportation, shopping, dining, and entertainment. This turnkey property offers immediate income potential and future upside for investors, owner-occupants, or multi-generational living.

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Multi-Family Contingent

Price

$ 995,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,667

Style

Year Built

1899

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12546329

Features
Exterior
Model 3 FLAT
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions 3075
Waterfront Y/N N
Other Equipment Sump Pump
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General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Tenant's Rights
Roof Asphalt
Zoning MULTI
Construction Materials Vinyl Siding Brick
Year Built 1899
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 97200
Community Features Park Street Lights Street Paved Sidewalks
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Other Structures Second Residence
Total Rooms 20
Status Contingent
Directions Irving Park to Lavergne South to the Property
City Chicago
High School District 299
MLS Area CHI - Portage Park
Tax Annual Amount 13667
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 10
Total Baths 5
Bedrooms Possible 10
Full Baths Building 5
Half Baths Building 0
Total Number of Units 3
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* Excluded Features
List By
Coldwell Banker Realty

Broker

chicagoagent312@gmail.com;Jose.Hernandez@CBexchange.com

Email

Affordability Calculator

$7,421
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,283
Monthly Property Taxes
$1,139
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
5/17/2026$995,000 -9.55% Price Down
1/16/2026$1,100,000 Listed Price

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4954 W Byron Street, Chicago, IL, 60641 is a Multi-Family Home for sale at $995,000. 4954 W Byron Street has 10 bedrooms, 5.0 baths, and was built in 1899. The property's zip code is 60641 which is in Chicago, IL