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  • $700,000

    4407 W 53rd St, Chicago, IL 60632

    9beds
    --sqft
    Multi Family
    Built in 2004
    -- sqft lot
    $661,900 Zestimate®
    $--/sqft
    $2,240 Estimated rent

    Home value

    $661,900

    $629,000 - $695,000

    $2,240/mo

    Zestimate® history
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    What's special

    New boilersAmple natural light throughoutNew back wood fencePrivate full kitchensNew carpetGenerous layoutIn-unit laundry hookups
    Exceptional investment opportunity! This fully legal 3-unit multifamily building features 3-bedroom,2 full bathroom units, each thoughtfully designed for comfortable living. Every unit offers a generous layout with private full kitchens, in-unit laundry hookups, and ample natural light throughout. Each unit is individually metered with separate gas and electric meters, ensuring straightforward tenant billing and maximum income potential. With 2 full bathrooms per unit, this property is perfect for shared living arrangements, ideal for rental income. Property includes an off-street parking available in the back and a drive way. Whether you're a savvy investor looking to expand your portfolio or a buyer interested in owner-occupying one unit while generating rental income from the others, this property offers exceptional flexibility and long-term upside. Conveniently located near Midway Airport, Stevenson X-way, and CTA Orange Line. Recent upgrades include a 2022 roof replacement, new A/C units in 2011, new back wood fence and newer concrete gangway, new carpet, new boilers and new appliances. Act now for a solid investment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karla Boccelli (773)306-5700,

    RE/MAX Mi Casa

    Bought with:

    Jose Mendez-Alvarado

    RE/MAX Ultimate Professionals

    Source: MRED as distributed by MLS GRID,MLS#: 12730908MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street, Side Apron, Driveway, Yes, Owned
    • Has uncovered spaces: Yes
    Lot
    • Size: 4,752 Square Feet
    • Dimensions: 36 X 132
    Details
    • Additional structures: Shed(s)
    • Additional parcels included: 19103250370000
    • Parcel number: 19103250360000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 2004
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $273
    • Annual tax amount: $9,344
    • Date on market: 8/12/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/28/2026Sold$700,000+6.1%
    Source: MRED as distributed by MLS GRID #12730908 Report a problem
    8/18/2026Contingent$660,000
    Source: MRED as distributed by MLS GRID #12730908 Report a problem
    8/12/2026Listed for sale$660,000+11.9%
    Source: MRED as distributed by MLS GRID #12730908 Report a problem
    5/10/2024Sold$590,000
    Source: MRED as distributed by MLS GRID #12020062 Report a problem
    5/8/2024Pending sale$590,000
    Source: MRED as distributed by MLS GRID #12020062 Report a problem
    4/13/2024Contingent$590,000
    Source: MRED as distributed by MLS GRID #12020062 Report a problem
    4/10/2024Listed for sale$590,000
    Source: MRED as distributed by MLS GRID #12020062 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2014$51 +2%$273
    2013$50 +1.4%$273
    2012$49 -14.5%$273 -22.9%
    2011$58 -0.4%$354
    2010$58 +4.3%$354
    2009$56 +75.1%$354 +60.9%
    2008$32 $220
    Find assessor info on the county website

    Neighborhood: Archer Heights

    Nearby schools

    GreatSchools rating
    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
    $661,900
    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
    $661,900