Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring an additional garden/in-law as a part of a duplex unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income (over $9000 a month) and a proven history of reliable, long-term tenants who consistently on time with their rent. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. Tenants are responsible for their own electric service, while other utilities are paid by ownership. Detailed operating expenses and income estimates are available upon request through the listing agent. Recent improvements including a brand-new commercial washer and dryer, newer flooring in select units, newer windows updated A/C units and newer HVAC. Property management is familiar with the building and tenants and is willing to remain in place, providing a seamless transition for a new owner. Whether you are looking to expand your investment portfolio or acquire a stable, income-generating asset with upside potential, this property is a must-see. Schedule your private showing today.
New
$895,000
4533 Elm Ave, Brookfield, IL 60513
11beds
--sqft
Multi Family
Built in 1973
-- sqft lot
$865,300 Zestimate®
$--/sqft
$-- HOA
What's special
Newer windowsNewer hvacOn-site laundry facilities
- 4 days |
- 434 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Ana Novakovic 224-323-3099,
HomeSmart Connect LLC
Source: MRED as distributed by MLS GRID,MLS#: 12695230
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Utility Room-Lower Level
Bathroom
- Features: Separate Shower, Double Sink, Soaking Tub
Heating
- Natural Gas, Baseboard
Features
- Basement: Finished,Full,Walk-Out Access
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony
Lot
- Size: 8,642 Square Feet
- Dimensions: 58X149
- Features: Landscaped
Details
- Parcel number: 18034140320000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer, Overhead Sewers
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Brookfield
Financial & listing details
- Tax assessed value: $550,000
- Annual tax amount: $16,647
- Date on market: 7/3/2026
- Ownership: Fee Simple
Estimated market value
$865,300
$822,000 - $909,000
$1,870/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $895,000+15.5% |
Source: | ||
| 1/6/2025 | Sold | $775,000+3.3% |
Source: | ||
| 11/7/2024 | Contingent | $750,000 |
Source: | ||
| 10/31/2024 | Listed for sale | $750,000+76.5% |
Source: | ||
| 11/25/2015 | Sold | $425,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $55,000 +0% |
| 2023 | $15,834 +8.8% | $54,999 +25.4% |
| 2022 | $14,559 +4.3% | $43,866 |
| 2021 | $13,952 -1.4% | $43,866 |
| 2020 | $14,153 +11.6% | $43,866 +15.8% |
| 2019 | $12,680 +4.1% | $37,882 |
| 2018 | $12,184 +5% | $37,882 |
| 2017 | $11,609 +7.4% | $37,882 +17.1% |
| 2016 | $10,807 +6.9% | $32,339 |
| 2015 | $10,108 +10.6% | $32,339 |
| 2014 | $9,143 -22.5% | $32,339 -12.1% |
| 2013 | $11,803 +2.9% | $36,793 |
| 2012 | $11,466 +5.2% | $36,793 |
| 2011 | $10,902 -16% | $36,793 -19% |
| 2010 | $12,984 +0.1% | $45,398 |
| 2009 | $12,966 +0.5% | $45,398 -15.3% |
| 2008 | $12,907 +15.2% | $53,588 +8.7% |
| 2007 | $11,209 +6.6% | $49,320 |
| 2006 | $10,513 -13.2% | $49,320 |
| 2005 | $12,117 +18.7% | $49,320 +28.1% |
| 2004 | $10,212 +17.5% | $38,493 |
| 2003 | $8,692 +0.3% | $38,493 |
| 2002 | $8,662 +18.8% | $38,493 +18.4% |
| 2001 | $7,291 +1.7% | $32,519 |
| 2000 | $7,165 +9.5% | $32,519 |
| 1999 | $6,543 | $32,519 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60513
Nearby schools
GreatSchools rating
- 5/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10George Washington Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Lyons Twp High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- High: Lyons Twp High School
- District: 103
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Brookfield
- 60513
- 4533 Elm Ave





