4860 W Byron Street
Chicago, IL, 60641
$1,499,900
Beds
0 Baths
0 SqFt
0.14 Acres
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$1,499,900
4860 W Byron Street
Chicago, IL, 60641
MLS #MRD12413504 img 0MLS #MRD12413504 img 1MLS #MRD12413504 img 2MLS #MRD12413504 img 3MLS #MRD12413504 img 4MLS #MRD12413504 img 5MLS #MRD12413504 img 6MLS #MRD12413504 img 7MLS #MRD12413504 img 8MLS #MRD12413504 img 9MLS #MRD12413504 img 10MLS #MRD12413504 img 11MLS #MRD12413504 img 12MLS #MRD12413504 img 13MLS #MRD12413504 img 14MLS #MRD12413504 img 15MLS #MRD12413504 img 16MLS #MRD12413504 img 17MLS #MRD12413504 img 18MLS #MRD12413504 img 19MLS #MRD12413504 img 20MLS #MRD12413504 img 21MLS #MRD12413504 img 22MLS #MRD12413504 img 23
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
Net Operating Income
$94,734
Tax Year
2023
Taxes
$16,396
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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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4860 W Byron Street
Chicago, IL