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Investment Highlights

  • Two (2) 3Bd/1Ba & One (1) 2Bd/1Ba Units
  • 100% Copper Plumbing, Updated Electric, & Individual Furnaces
  • Gross Income of $59,400
  • Spacious Units w/ Modern Kitchen & Baths

Executive Summary

Kiser Group is pleased to exclusively offer for purchase 4917 W. Addison St, a three (3) unit walk-up building located in Chicago's desirable Portage Park neighborhood. The property is ideally situated along Addison Street, providing residents with convenient access to neighborhood restaurants, retail, parks, and public transportation. Its proximity to the Six Corners shopping district, CTA Blue Line, Metra, and I-90/94 offers excellent connectivity throughout Chicago.
4917 W. Addison St. features an attractive unit mix consisting of two (2) spacious 3Bd/1Ba apartments and one (1) 2Bd/1Ba apartment. Each residence offers generously sized floor plans with separate living and dining rooms, modern kitchens and bathrooms, and finishes designed to appeal to today's renters. The building has been well maintained and features all copper plumbing, updated electrical service, individual furnaces for each unit, and an on-site laundry facility, providing operational efficiency while minimizing future capital expenditure needs.
4917 W. Addison St. presents investors with the opportunity to acquire a well-maintained asset in one of Chicago's most established rental neighborhoods. The combination of spacious floor plans, quality building systems, and a strong Portage Park location provides stable in-place income with long-term appreciation potential, making this an excellent opportunity for both investors and owner-occupants.

Property Facts

Price $1,011,447 CAD
Price Per Unit $337,149 CAD
Sale Type Investment
Cap Rate 5.45%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Building Size 3,548 SF
No. Stories 2
Year Built 1916

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - 1,000
3+1 2 - 1,200
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
13-21-401-011-0000
Land Assessment
$19,060 CAD
Improvements Assessment
$49,612 CAD
Total Assessment
$68,672 CAD
  • Listing ID: 41599369

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: 4917 W. Addison, Chicago, IL 60641

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