Address
4805 S Elizabeth Street, Chicago, IL
Price
$ 264,999
Property Attributes
- MLS#12716787
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - New City
- NeighborhoodNew City
- Zip60609
- Style
- Year Built1890
- Taxes$ 2711
- Price$ 264,999
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage1700
- Lot Size0.06 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Investor Special with Rare Double-Lot Opportunity in Back of the Yards! Unlock the potential of this value-add multifamily property in the heart of Chicago's Back of the Yards neighborhood. This building is ready for your vision and offers an excellent opportunity for investors, rehabbers, or owner-occupants looking to create equity through renovation. A standout feature is the full-size vacant lot included with the sale, providing endless possibilities for expansion, outdoor living space, additional parking, or future development (subject to zoning and City of Chicago approval). The property also includes a garage and is conveniently located near schools, parks, shopping, restaurants, public transportation, and major expressways. Whether you're looking to renovate and hold for long-term rental income, complete a fix-and-flip project, or capitalize on the added value of the extra lot, this property offers exceptional upside potential. Property is being sold AS-IS. Buyer to perform their own due diligence regarding zoning, lot use, and development possibilities. Don't miss this unique opportunity to invest in one of Chicago's growing neighborhoods!
| Price History | |
|---|---|
| 9/15/2026 | Listed $264,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air,Space Heater,Sep Heating Systems - 2+ |
| Possession | Closing,Tenant's Rights |
| Roof | Asphalt |
| Zoning | MULTI |
| Garage Spaces | 2 |
| Architectural Style | Other |
| Construction Materials | Vinyl Siding |
| Year Built | 1890 |
| Township | Lake |
| Tax Year | 2023 |
| Ownership | Fee Simple |
| Additional Parcels Description | 20081150020000 |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 14 |
| Status | Active |
| Directions | 47th St. to racine Racine to 49th st 49th to Elizabeth St to 4805 |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - New City |
| Tax Annual Amount | 2711 |
| Additional Parcels Y/N | Yes |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | None |
|---|---|
| Total Bedrooms | 6 |
| Total Baths | 5 |
| Bedrooms Possible | 6 |
| Full Baths Building | 5 |
| Total Number of Units | 4 |
Exterior Features
| Parking Features | Yes,Garage Owned,Detached,Garage |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 2 |
| Foundation Details | Other |
| Lot Dimensions | 50X125 |
| Lot Size Acres | 0.06 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60609
Price
Taxes
Year Built
Visits
