4936 Greenwood Street, Skokie, IL

$1,599,000

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About 4936 Greenwood Street

The Only 6-Unit Multifamily Asset Currently Available in Skokie offering investors a rare opportunity to acquire a well-positioned building in a highly desirable submarket. Unique Unit Mix Featuring 14 Total Bedrooms, allowing for stronger rental income potential compared to typical multifamily properties in the area. Highly Desirable Corner Location providing abundant natural light throughout all units and enhancing tenant appeal. Exceptionally Well-Maintained Property, with mostly updated units and clean, professionally maintained common areas that minimize near-term capital expenditures. Excellent Value-Add Opportunity, with rents positioned below market and a clear path to increase income based on current market conditions and comparable in-house leasing data. Strong Upside Potential through strategic rent growth while benefiting from the property's attractive unit configuration and sought-after Skokie location.

Features of 4936 Greenwood Street

MLS® # 12712657
Price $1,599,000
Bathrooms 0.00
Year Built 1955
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 4936 Greenwood Street
Area Skokie
City Skokie
County Cook
State IL
Zip Code 60077

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Additional Information

Days on Market 47
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeChicago Real Estate Resources

Listing Map

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