Closed
$609,000
4854 W Addison St, Chicago, IL 60641
4beds
--sqft
Multi Family
Built in 1938
-- sqft lot
$610,500 Zestimate®
$--/sqft
$2,335 Estimated rent
Home value
$610,500
$549,000 - $678,000
$2,335/mo
Zestimate® history
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What's special
Charming Multi-Use Property with Income Potential! Welcome to this one-of-a-kind, income-generating gem in a prime location! Offering just over 4,000 square feet of versatile space, this beautifully maintained property includes one commercial unit and two residential units, making it a rare find for savvy investors or business owners looking for flexibility and strong returns. The third floor features a bright and inviting 2-bedroom, 1- bath residential unit, ideal for tenants or a comfortable owner's retreat. Enjoy deck access and in-unit laundry. (Currently leased through August.) On the second floor, you'll find a stylish 2-bedroom, 1-bath unit, fully remodeled in 2023 and now vacant-ready for your next tenant or personal use. This unit also enjoys private deck access, with laundry conveniently located just downstairs. The first floor commercial space is a standout, offering prime visibility and thoughtful design for any business. It includes three private offices, a spacious conference room, an open front office area, and a fullyequipped kitchen with a stove, fridge, and sink. The bathroom is smartly split into separate rooms for the toilet, sink, and shower-perfect for clientfacing businesses. Recent updates include: Second floor remodel (2023), Brand new front deck (2024), Commercial space flooring (2020), Two-car garage (approx. 10 years old), currently used for storage, New roof (rolled tar, 2017), Completed tuck-pointing in recent years. This property blends classic charm with thoughtful updates, offering a unique opportunity for owner-occupants, investors, or business owners seeking multi-use flexibility. With existing rental income and commercial potential, this is a rare chance to secure a strong return in a highly desirable location!
Zillow last checked: 8 hours ago
Listing updated: September 19, 2025 at 01:15pm
Listing courtesy of:
Rafay Qamar (773)516-1111,
Real Broker LLC
Bought with:
Deandre Bailey
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12431830
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Indv Controls
Features
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: On Site, Garage Owned, Detached, Owned, Garage
- Garage spaces: 2
Lot
- Size: 4,284 sqft
- Dimensions: 34' X 126'
Details
- Parcel number: 13212310170000
- Zoning: OTHER
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1938
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $609,000-2.6% |
Source: | ||
| 8/3/2025 | Contingent | $625,000 |
Source: | ||
| 7/28/2025 | Price change | $625,000-3.8% |
Source: | ||
| 6/6/2025 | Listed for sale | $650,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Portage Park
Nearby schools
GreatSchools rating
- 4/10Gray Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Schurz High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$610,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$610,500