$1,499,900
4860 W Byron Street
Chicago, IL, 60641
4860 W Byron presents a rare opportunity to acquire a fully-leased, 8-unit building in prime Portage Park. The unit mix consists of six 2-bedroom/1-bath units, and two 1-bedroom/1-bath units, all of which have undergone recent upgrades including new flooring, fresh paint, and modern kitchens with stainless steel appliances. Several units have been fully rehabbed. Building-wide improvements include a replaced sewer line (2022), upgraded boiler components (2022), refreshed common areas (2022), tuckpointing (2018 & 2022), and new basement windows (2020). The roof was serviced in 2018, offering added peace of mind for future owners. With a 2024 net operating income of $94,734 and additional laundry income, this property delivers immediate cash flow and long-term upside. Located on a quiet, tree-lined street near transit, parks, and schools, this property is ideal for both seasoned investors and 1031 Exchange buyers. No deferred capital needs. Simply collect rent from day one.
Property Details
Price:
$1,499,900
MLS #:
MRD12413504
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Portage Park
Listed Date:
Jul 9, 2025
Year Built:
1926
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Maintenance Fee
$2,700
Tax Year
2023
Taxes
$16,396
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Commercial in Chicago as of Sep 14, 2025
1,092
Commercial Listed
164
Avg DOM
155
Avg $ / SqFt
$1,027,396
Avg List Price
Community
- Address4860 W Byron Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60641
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Property Summary
- 4860 W Byron Street Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $1,499,900 To schedule a showing of MLS#mrd12413504 at 4860 W Byron Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4860 W Byron Street
Chicago, IL
