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$259,900
$1,400Reward *
4811 S Elizabeth Street, Chicago, IL 60609Listing ID 12722361

4811 S Elizabeth Street, Chicago, IL 60609

Active
Back of the Yards
Time on site: 10 days • Last updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
3
Days on Site
Days on Site
11
Heating
Heating
Natural Gas
Year Built
Year Built
1893
Garages
Garages
2
Parking
Parking
Off Site, Detached, Garage

Great Value-Add Investment Opportunity - Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. The building is in need of updating throughout and offers an excellent opportunity for renovation and increased value. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!

Property Information

Property Details

Location

Address
4811 S Elizabeth Street
County
Cook
City
Chicago
Zip Code
60609
Subdivision
Back of the Yards
School District
299
MLS Area
CHI - New City

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Year Built
1893
Construction
Aluminum Siding

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$1,793
Tax Year
2023
@properties Christie's International Real Estate, (312) 254-0200

Market Report for 60609

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 06:06 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD1012607