Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

4936 Greenwood St
Skokie, IL 60077
Multifamily Property For Sale · 6 Units

Executive Summary

- The Only 6-Unit Multifamily Asset Currently Available in Skokie offering investors a rare opportunity to acquire a well-positioned building in a highly desirable submarket.
- Unique Unit Mix Featuring 14 Total Bedrooms, allowing for stronger rental income potential compared to typical multifamily properties in the area.
- Highly Desirable Corner Location providing abundant natural light throughout all units and enhancing tenant appeal.
- Exceptionally Well-Maintained Property, with mostly updated units and clean, professionally maintained common areas that minimize near-term capital expenditures.
- Excellent Value-Add Opportunity, with rents positioned below market and a clear path to increase income based on current market conditions and comparable in-house leasing data.
- Strong Upside Potential through strategic rent growth while benefiting from the property’s attractive unit configuration and sought-after Skokie location.

Property Facts

Price Per Unit $405,576 CAD
Sale Type Investment
Cap Rate 6.27%
Gross Rent Multiplier 11.86
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 7,227 SF
No. Stories 3
Year Built 1955
Parking Ratio 0.69/1,000 SF
Zoning R4

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
3+1 4 - 1,200

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 10-16-421-024-0000
  • 10-16-421-023-0000
Land Assessment
$12,321 CAD
Improvements Assessment
$89,060 CAD
Total Assessment
$101,381 CAD
  • Listing ID: 41381461

  • Date on Market: 2026-07-21

  • Last Updated:

  • Address: 4936 Greenwood St, Skokie, IL 60077

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}