4150-4158 S Western Avenue, Chicago, IL 60609
- $2,415,000
Description
Exceptional investment opportunity in the heart of Bridgeport! This offering consists of 10 residential units located within four side-by-side newer-construction, four-story mixed-use buildings in one of Chicago’s most sought-after and rapidly growing neighborhoods. Each unit has separate PIN number! The first-floor commercial spaces are not included in the sale but may be acquired as a package deal separately for an additional purchase price. Nine of the ten residential units are currently leased, providing immediate income and strong in-place cash flow. Since acquisition, all units have been extensively renovated and updated, creating a true turnkey investment with minimal deferred maintenance and significant appeal to today’s renters. The unit mix includes FOUR spacious 3-bedroom, 2-bath apartments and SIX well-appointed 2-bedroom, 2-bath apartments, all featuring functional floor plans, modern finishes, and contemporary living spaces designed to maximize tenant satisfaction and retention. Additional amenities include rear parking accommodations, along with abundant unrestricted street parking for residents and guests. Ideally situated near public transportation, major expressways including I-55, shopping, dining, parks, and neighborhood amenities, this property offers investors the rare opportunity to acquire a stabilized, income-producing asset in a proven rental market with strong long-term growth potential. Whether expanding an existing portfolio or completing a 1031 exchange, this well-maintained multifamily asset represents a compelling combination of location, cash flow, and upside potential in one of Chicago’s most established and desirable neighborhoods. Rents should be higher!
- Listing Courtesy of: The Leading Realtors Corp.
Details
Updated on June 5, 2026 at 5:20 am-
Property ID MRD12668401
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Price $2,415,000
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Year Built 2009
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Property Type Multi Family
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Property Status Active
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Parcel Number 19012151731002
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MLS Status New
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Cumulative Days On Market 1
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Tax Annual Amount 41854.27
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Cooling Central Individual
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Directions Western Ave North or South to the Buildings
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StoriesTotal 4
Address
Open on Google Maps- Address 4150-4158 S Western Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60609
- Country United States
Overview
- Multi Family
- 2009
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