4256 N Sawyer Avenue
Chicago, IL, 60618
$1,200,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,200,000
4256 N Sawyer Avenue
Chicago, IL, 60618
MLS #MRD12410005 img 0
Essex Realty Group, Inc. is exclusively engaged to market the sale of 4256 N. Sawyer Ave., a six-unit walk-up apartment building situated in a low-density pocket bordered by Ravenswood Manor, Irving Park, and Mayfair in Chicago’s desirable Albany Park neighborhood. The property consists of three (3) one-bedroom, one-bath units and three (3) twobedroom, one-bath units. Inside, the apartments feature hardwood flooring, individual furnaces, separate hot water tanks, and moderately updated kitchens and bathrooms. Each unit offers spacious floor plans with separate dining rooms, enclosed front sunrooms, and rear porches. The building has been well-maintained over the years with several recent capital improvements, including roof resealing, tuck-pointing, new gutters, vinyl windows, and the addition of two new back porches in 2017. Over the past 12 months, the current ownership has successfully increased revenue. Despite the already strong rental income, the property presents an attractive opportunity for investors to add further value through continued interior upgrades. Renovating kitchens and bathrooms with contemporary finishes, adding in-unit laundry, and possibly incorporating an additional garden apartment would significantly enhance the building’s appeal and cash flow, positioning it as a premium rental property in a highly sought-after submarket. 4256 N. Sawyer Ave. is ideally located near public transportation and various neighborhood amenities, making it a highly attractive asset for both tenants and investors.

Property Details

Price:
$1,200,000
MLS #:
MRD12410005
Status:
Active
Beds:
0
Baths:
0
Address:
4256 N Sawyer Avenue
Type:
Commercial
Neighborhood:
CHI – Irving Park
City:
Chicago
Listed Date:
Jul 3, 2025
State:
IL
ZIP:
60618
Year Built:
1908

Schools

Interior

Exterior

Financial

Maintenance Fee
$1,500
Net Operating Income
$66,533
Tax Year
2023
Taxes
$15,288
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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4256 N Sawyer Avenue
Chicago, IL