$239,000
4811 S Elizabeth Street
Chicago, IL, 60609
Great Value-Add Investment Opportunity – Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!
Property Details
Price:
$239,000
MLS #:
MRD12722361
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subdivision:
Back of the Yards
Neighborhood:
chinewcity
Listed Date:
Aug 6, 2026
Year Built:
1893
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Aluminum Siding
Fencing
Fenced
Garage Spaces
2
Parking Features
Off Site, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2023
Taxes
$1,793
Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Oct 18, 2026
1,355
Multi Family Listed
78
Avg DOM
$535,651
Avg List Price
Community
- Address4811 S Elizabeth Street Chicago IL
- SubdivisionBack of the Yards
- CityChicago
- CountyCook
- Zip Code60609
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Property Summary
- Located in the Back of the Yards subdivision, 4811 S Elizabeth Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $239,000 To schedule a showing of MLS#mrd12722361 at 4811 S Elizabeth Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
4811 S Elizabeth Street
Chicago, IL
