$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
Beds:
0
Baths:
0
Address:
4860 W Byron Street
Type:
Commercial
Neighborhood:
CHI – Portage Park
City:
Chicago
Listed Date:
Jul 9, 2025
State:
IL
ZIP:
60641
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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4860 W Byron Street
Chicago, IL
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