Exceptional investment opportunity in Portage Park! This unique multi-building property features three legal units across two buildings with projected rental income of approximately $8,100 per month. The front building offers a spacious first-floor 4BD/1BA unit with potential to duplex into the bright finished basement or explore ADU possibilities (buyer to verify), along with a recently remodeled, modern second-floor 2BD/1BA unit. The rare legal rear coach house features a spacious 3BD/2BA layout, separate utilities, a flood-control system, and strong rental appeal. All units include in-unit laundry, separate utilities, and separate water heaters. ALL MAJOR IMPROVEMENTS COMPLETED WITHIN THE LAST TWO YEARS include updated electrical and plumbing systems, newer kitchens and bathrooms, updated HVAC systems with central air and forced-air heat, newer appliances, newer porches, and a concrete patio/yard area. The bright finished basement includes two additional bedrooms and offers excellent expansion potential. Ideally located near Six Corners with convenient access to public transportation, shopping, dining, and entertainment. This turnkey property offers immediate income potential and future upside for investors, owner-occupants, or multi-generational living.
Contingent
$995,000
4954 W Byron St, Chicago, IL 60641
9beds
--sqft
Multi Family
Built in 1899
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
In-unit washer and dryerNewer kitchens and bathroomsFlood control systemUpdated hvac systems
- --
- on Zillow |
- 240
- views |
- 4
- saves |
Zillow last checked:
Listed by:
Jose Hernandez, SFR 312-788-7079,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12546329
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full
Property
Features
- Fencing: Fenced,Wood
Lot
- Size: 3,075 Square Feet
- Features: Corner Lot
Details
- Additional structures: Second Residence
- Parcel number: 13212060160000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1899
- Major remodel year: 2024
Details
- Builder model: 3 FLAT
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Park, Street Lights, Street Paved, Sidewalks
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $680,010
- Annual tax amount: $13,667
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2024 | Listing removed | -- |
Source:  Berkshire Hathaway HomeServices Chicago Report a problem | ||
| 10/18/2023 | Sold | $368,000-8% |
Source:  MRED as distributed by MLS GRID #11841037 Report a problem | ||
| 9/17/2023 | Pending sale | $399,900 |
Source: MRED as distributed by MLS GRID #11841037 Report a problem | ||
| 9/6/2023 | Price change | $399,900-10.9% |
Source: MRED as distributed by MLS GRID #11841037 Report a problem | ||
| 7/24/2023 | Listed for sale | $449,000+4.4% |
Source: MRED as distributed by MLS GRID #11841037 Report a problem | ||
| 3/17/2005 | Sold | $430,000+44.8% |
Source: Public Record Report a problem | ||
| 10/26/2000 | Sold | $297,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $68,001 +38.8% |
| 2023 | $9,645 +2.8% | $49,000 |
| 2022 | $9,380 +2.1% | $49,000 |
| 2021 | $9,189 +56.4% | $49,000 +66.3% |
| 2020 | $5,875 -3.7% | $29,458 -12.8% |
| 2019 | $6,099 +1.7% | $33,768 |
| 2018 | $5,995 -32.7% | $33,768 -24.5% |
| 2017 | $8,904 +5.2% | $44,716 |
| 2016 | $8,461 +9.6% | $44,716 |
| 2015 | $7,718 +2.2% | $44,716 +3.4% |
| 2014 | $7,552 +2.2% | $43,241 |
| 2013 | $7,392 +5.6% | $43,241 |
| 2012 | $6,997 -16.8% | $43,241 -27.7% |
| 2009 | $8,408 +72.4% | $59,810 +47% |
| 2008 | $4,878 +8.8% | $40,688 |
| 2007 | $4,484 -1.6% | $40,688 +37% |
| 2005 | $4,558 +1.4% | $29,699 |
| 2004 | $4,494 +1.8% | $29,699 |
| 2003 | $4,414 -18.8% | $29,699 -7.4% |
| 2002 | $5,437 +4.3% | $32,058 |
| 2001 | $5,211 -2% | $32,058 +16.9% |
| 1999 | $5,315 | $27,425 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Portage Park
Nearby schools
GreatSchools rating
- 4/10Gray Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Schurz High SchoolGrades: 9-12Distance: 0.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Chicago
- 60641
- Portage Park
- 4954 W Byron St
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