4860 West Byron Street, Chicago, IL

$1,499,900

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0.14

Acres

About 4860 West Byron Street

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.

Features of 4860 West Byron Street

MLS® # 12413504
Price $1,499,900
Bathrooms 0.00
Acres 0.14
Year Built 1926
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 4860 West Byron Street
Area CHI - Portage Park
City Chicago
County Cook
State IL
Zip Code 60641

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 102
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 S.G.R., Inc.
Contact Infonancy@century21sgr.com

Listing Map

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