4954 W Byron Street, Chicago, IL 60641
Description
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.
- Listing Courtesy of: Coldwell Banker Realty
Details
Updated on June 27, 2026 at 6:04 am-
Property ID MRD12546329
-
Price $995,000
-
Bedrooms 10
-
Year Built 1899
-
Property Type Multi Family
-
Property Status Active
-
Parcel Number 13212060160000
-
Water Source Lake Michigan,Public
-
Sewer Public Sewer
-
MLS Status Active
-
Days On Market 165
-
Cumulative Days On Market 154
-
Tax Annual Amount 13667
-
Heating Natural Gas,Forced Air
-
Directions Irving Park to Lavergne, South to the Property
-
Zoning MULTI
Address
Open on Google Maps- Address 4954 W Byron Street
- City Chicago
- State/county IL
- Zip/Postal Code 60641
- Country United States
Overview
- Multi Family
- 10
- 1899
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees