4948-58 W Dickens Avenue, Chicago, IL 60639
- $1,815,000
Description
4948-58 W. Dickens Ave., a well-cared-for 11-unit apartment property featuring a large corner brick building, a recently paved private parking lot, and a coach house. The Subject Property is comprised of four (4) 3 Bed/1 Bath, five (5) 2 Bed/1 Bath, and two (2) 1 Bed/1 Bath units. Unit finishes feature hardwood floors, a mix of granite and laminate countertops, stainless steel or white appliances, individually furnaced heat and window air conditioning. The property also features a common laundry room and a five (5) car private parking lot. The ideal unit mix offers meaningful rental upside in its current condition. The Belmont Cragin submarket has experienced substantial rent growth, particularly over the past five years, as the neighborhood has broadened its tenant appeal. Demand has increasingly been driven by a younger renter demographic priced out of nearby neighborhoods, alongside the long-standing working-class residents who have historically defined the community. As outlined in the rent comparables included in the offering, similar units have recently achieved rents up to approximately 15 percent above the subject property’s current rent levels. ASSUMABLE DEBT AVAILABLE AT 4.38 percent MATURING 8/1/2032 Freddie Mac SBL loan serviced by Key Bank
- Listing Courtesy of: Essex 312, LLC
Details
Updated on June 28, 2026 at 4:11 pm-
Property ID MRD12656102
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Price $1,815,000
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Year Built 1847
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Property Type Multi Family
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Property Status Active
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Parcel Number 13332190170000
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MLS Status Active
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Days On Market 37
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Cumulative Days On Market 7
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Tax Annual Amount 16837
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Directions Located on the northeast corner of Dickens and Lavergne.
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LotSizeSquareFeet 6310
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StoriesTotal 3
Address
Open on Google Maps- Address 4948-58 W Dickens Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60639
- Country United States
Overview
- Multi Family
- 1847
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