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4901 W Patterson Ave
Chicago, IL 60641
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.12 AC
Building Size 7,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1911
Zoning RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District

ABOUT 4901 W PATTERSON AVE , CHICAGO, IL 60641

Come explore this unique multi-family 8 unit opportunity in the Portage Park neighborhood of Chicago. Two brick buildings (with full unfinished basements) each having four units on one lot and one PIN. There are four 1-bedroom units and four 2-bedroom units and the building is fully rented and collecting high rents. The units are large and feature hardwood floors. High income producing property with room to raise rents and low expenses equate to a good investment in a quickly appreciating neighborhood. See attached offering memorandum for financial information and photos.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $950.00 840
1+1 4 $910.00 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-21-230-014-0000
Land Assessment
$17,640
Improvements Assessment
$43,360
Total Assessment
$61,000
  • Listing ID: 14343296

  • Date on Market: 11/9/2018

  • Last Updated:

  • Address: 4901 W Patterson Ave, Chicago, IL 60641

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