Excellent investment opportunity in the heart of West Humboldt Park! This Mixed-use C1-1 zoned property offers a versatile configuration with 3 UNITS. The first floor offers 2 bedrooms, 1 bath, with a connecting 380 sqft storefront, the second floor offers 3 bedrooms, 1 bathroom, and the FINISHED garden apartment with 2 bedrooms, 1.5 bathrooms. An oversized 2 car garage with 13-ft ceilings, equipped with gas, water, and its own electrical panel, offering exceptional flexibility for storage, business use, workshop space, or other possibilities. Each apartment features SEPARATE UTILITIES, providing added convenience for owners and investors. The building is equipped with central heat, and the ability to add central AC. The C1-1 zoning opens the door to a variety of residential and commercial uses, located close to public transportation, and local businesses. The neighborhood is also seeing new investment and redevelopment, including The Ave, a mixed-use project bringing new housing, commercial space, and amenities to the area. Recent improvements include Tuckpointing, New sewer stack, NEW garage door (2024), NEW gates, NEW front door, and NEW security camera system. With the improvements already in place and continued development happening nearby, this property offers a great combination of convenience, income potential, and future upside for an investor looking to get into or expand in the multi-unit market. With a flexible setup, and a $50,000+ rental income potential and room for long-term growth!
Active
$499,000
4229 W Division St, Chicago, IL 60651
7beds
--sqft
Multi Family
Built in 1927
-- sqft lot
$492,200 Zestimate®
$--/sqft
$-- HOA
What's special
New gatesNew security camera system
- 24 days
- 469
- 65
Zillow last checked:
Listing updated:
Listed by:
Tatiana Hernandez 312-401-3655,
Keller Williams Premiere Properties
Source: MRED as distributed by MLS GRID,MLS#: 12780819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage, Yes, Garage Owned, Detached
- Garage spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 3,125 Square Feet
- Dimensions: 25x125
Details
- Parcel number: 16034010100000
- Zoning: OTHER
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $220,010
- Annual tax amount: $4,582
- Date on market: 10/8/2026
- Ownership: Fee Simple
Estimated market value
$492,200
$468,000 - $517,000
$2,205/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $499,000-3.1% |
Source: | ||
| 10/8/2026 | Listing removed | $515,000 |
Source: MRED as distributed by MLS GRID #12731188 Report a problem | ||
| 9/11/2026 | Listed for sale | $515,000+1044.4% |
Source: | ||
| 4/25/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 4/24/2025 | Listed for rent | $1,500+36.4% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/15/2019 | Listing removed | $1,100 |
Source: Owner Report a problem | ||
| 4/2/2019 | Listed for rent | $1,100 |
Source: Owner Report a problem | ||
| 3/8/2011 | Sold | $45,000-74.3% |
Source: | ||
| 10/21/2004 | Sold | $175,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,433 +109.5% | $22,001 +120% |
| 2023 | $2,116 +2.9% | $10,000 |
| 2022 | $2,057 +2.3% | $10,000 |
| 2021 | $2,011 -39.6% | $10,000 -33.1% |
| 2020 | $3,331 +18.8% | $14,954 -14% |
| 2019 | $2,805 +1.8% | $17,389 |
| 2018 | $2,756 -22.8% | $17,389 -12.9% |
| 2017 | $3,570 -16.6% | $19,957 -16.4% |
| 2016 | $4,279 +9.9% | $23,859 |
| 2015 | $3,891 +8.7% | $23,859 +9.2% |
| 2014 | $3,579 +2.3% | $21,857 |
| 2013 | $3,497 +10.9% | $21,857 |
| 2012 | $3,155 -18.1% | $21,857 -15.3% |
| 2011 | $3,853 -1.3% | $25,797 |
| 2010 | $3,902 +14% | $25,797 |
| 2009 | $3,423 +7% | $25,797 +6.8% |
| 2008 | $3,200 +12.8% | $24,153 |
| 2007 | $2,837 +0.8% | $24,153 |
| 2006 | $2,815 -11.4% | $24,153 +24.2% |
| 2005 | $3,178 +1% | $19,448 |
| 2004 | $3,146 +75.7% | $19,448 |
| 2003 | $1,791 | $19,448 |
Find assessor info on the county website
Monthly payment
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