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6 Beds
3 Baths

$239,000

4811 S Elizabeth Street, Chicago IL, 60609

Built in1893
Property typeMulti-family
Listed by Elizabeth Maldonado with @properties Christie's International Real Estate 773-798-7190

Overview

Active

Price Change

Listed Aug 6, 2026

Updated 47h ago

Great Value-Add Investment Opportunity - Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!

$1,590/mo

Est. mortgage payment based on a $239,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12722361

Interior Features

Bedrooms
6
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$1,793
Tax Frequency
Annually
Garage
Yes
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Listed by Elizabeth Maldonado with @properties Christie's International Real Estate 773-798-7190

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Ron Ehlers are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 10/8/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 3 hours. Listing last updated 6:53 AM UTC on 10/8/2026. 

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