4855 W Cortez Street Chicago, IL ^$ 1,250,000

4855 W Cortez Street

^$ 1,250,000

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4855 W Cortez Street

Chicago, IL, 60651

^$ 1,250,000

Bedrooms6 Baths0.0

Monthly Estimate*

^$ 7,696

Multi-Family Home for sale in Chicago, IL

for $1,250,000 with 6 bedrooms. This home was built in 1925.

12 quality fully leased rehabed units in emerging West Humboldt Park Quadrant. Rehab completed in last five years. Features include Tenant paid Heat, A/C and Elect. Stainless steel kitchens with dishwashers , granite counters, restored hardwood floors and generous room sizes. A restored 2 car plus garage is also included, Basement area includes coin laundry facilities for tenants on premises. Building is gated, entrance on Lamon side leads to a private enclosed outdoor space for tenant enjoyment. Fully rented building. Recent improvements include new rear porches, new exterior electrical and roof refurbishing. Minutes from schools, shopping, entertainment, public transportation and expressways.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 17,981

Style

Multi-Family

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12558563

Features

General

Sewer Storm Sewer

Cooling Central Individual

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1925

Electric Circuit Breakers Service - 0 to 100 Amps

Tenant Pays Air Conditioning Electricity Heat

Stories Count 2

Township West Chicago

Tax Year 2024

Current Use Multi-Family

Gross Income 168732

County Cook

Net Operating Income 99288

Operating Expense 69444

Insurance Expense 11824

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 7000

Status New

Directions Cicero Ave north or south to Augusta Blvd. West to Lamon right to Cortez

City Chicago

Number Of Units Total 12

MLS Area CHI - Austin

Tax Annual Amount 17981

Electric Expense 2973

Fuel Expense 2507

Trash Expense 3338

Water Sewer Expense 13790

Additional Parcels Y/N N

Standard Status Active

Cap Rate 6.8

Interior

Basement Partially Finished

Total Fireplaces 6

Exterior

Water Source Municipal Water

Lot Dimensions 100x80

* Excluded Features

List By

Charles Rutenberg Realty Of Il

Broker

rdooley940@sbcglobal.net

Affordability Calculator

$9,195

Per Month

Monthly Principal & Interest: $7,696
Monthly Property Taxes: $1,498
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$593,527

Percent of Sale Price 53%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/31/2026	$1,250,000		Listed Price

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4855 W Cortez Street, Chicago, IL, 60651 is a Multi-Family Home for sale at $1,250,000. 4855 W Cortez Street has 6 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60651 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 2/1/2026.

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4855 W Cortez Street

Multi-Family Home for sale in Chicago, IL

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