1. Illinois
2. Chicago
3. 4860 W Byron Street

4860 W Byron Street, Chicago, IL 60641

Property Description

4860 W Byron presents a rare opportunity to acquire a fully-leased, 8-unit building in prime Portage Park. The unit mix consists of six 2-bedroom/1-bath units, and two 1-bedroom/1-bath units, all of which have undergone recent upgrades including new flooring, fresh paint, and modern kitchens with stainless steel appliances. Several units have been fully rehabbed. Building-wide improvements include a replaced sewer line (2022), upgraded boiler components (2022), refreshed common areas (2022), tuckpointing (2018 & 2022), and new basement windows (2020). The roof was serviced in 2018, offering added peace of mind for future owners. With a 2024 net operating income of $94,734 and additional laundry income, this property delivers immediate cash flow and long-term upside. Located on a quiet, tree-lined street near transit, parks, and schools, this property is ideal for both seasoned investors and 1031 Exchange buyers. No deferred capital needs. Simply collect rent from day one.

Listing Status:

Active

Listing Office:

Century 21 S.G.R., Inc. : 312-375-1157

Listing Agent:

Steven Powers : 312-375-1157

MLS ID:

12413504

Interior

• A/C: Window Unit(s)
• Fireplace: Fireplaces: 0

Construction

Location

Lot

Financial

This listing courtesy of Steven Powers, Century 21 S.G.R., Inc.