Listing provided courtesy of Pearson Realty GroupMREDas Distributed by MLSGrid- MLS# 12644813
Images
Request Info4537 W Congress ParkwayChicago, IL 60624
Commercial · 2 Beds$699,000
Active
4537 W Congress Parkway Overview
- Time on Site:
- 34 days
- Visits:
- 0
7 unit rental building located in the booming West Garfield Park neighborhood. Conveniently located between the West Loop and Oak Park. Just a few blocks from the Eisenhower Expressway and the light rail Green Line train stop, and only 6 miles from the center of downtown Chicago. Center entrance, legal 6 unit apartment building with wide, light filled stairways. The stairways and landings have just been refinished and walls repainted. The units were renovated a few years ago, and they have New Kitchens and New Windows (all new windows throughout in 2023). All new copper coming into each unit. The Roof was also Repaired as needed in 2023. All units have 2 beds/1 bath and are currently fully leased up and producing great cash flow. Each unit has a separate gas forced air furnace and hot water tank (electric). Tenants pay their own gas and elec. There is a 7th nonconforming 2 bed/1bath Garden unit, which has also been rehabbed, and is currently occupied by the owner's contractor. There are also 2 separate garages with a total of 4 parking spaces. These are not currently being rented, but are available to produce extra income.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
4537 W Congress Parkway Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 4800
- Electric Expense: 2400
- Fuel Expense: 0
- Gross Income: 100800
- Insurance Expense: 3200
- Maintenance Expense: 3000
- Net Operating Income: 68544
- Operating Expense: 32256
- Trash Expense: 1440
- Water Sewer Expense: 4200
Building Information
- Year Built: 1900
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - West Garfield Park
Tax Information
- Tax Annual Amount: $13,134.00
- Tax Year: 2023
General Information
- Parcel Number: 16151310320000
- Property Type: Commercial Sale
Interior
General Information
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 51x126
- Lot Size Square Feet: 6426
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 7
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 7
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 0
- Units Total: 0
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
4537 W Congress Parkway Neighborhood
Community
60624 (Chicago) Demographics
34
Median Age
9,901
Population Density (per sq. mile)
17%
College Educated
$25,648
Estimated Median Income
3,326
Estimated Total Home Owners
9,168
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4537 W Congress Parkway Monthly Cost
4537 W Congress Parkway Market Data
Based on the last 30 days in this zip code
$239,338
Average List Price
$187
Average Price per Square Foot
2
Properties Sold
70
Average Days on Market
26
Properties for Sale
4537 W Congress Parkway History
| Date | Value | Agent |
|---|---|---|
| 5/26/2026Source: MRED | May 26, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |