Chicago, IL 60641 4860 W Byron Street

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Presented By: Century 21 S.G.R., Inc.
  • MLS# 12413504
  • 07/09/2025
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Home Details

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.
Presented By: Century 21 S.G.R., Inc.

Interior Features for 4860 W Byron Street

Other Interior Features

Total Fireplaces

Other Rooms

General for 4860 W Byron Street

Additional Parcels Y/NNo
Cap Rate6.3
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
Directionseast/west on Irving Park to Lavergne, south to Byron, 1-way east to property.
Electric Expense606
Fuel Expense5800
Gross Income142000
Insurance Expense3930
MLS AreaCHI - Portage Park
Maintenance Expense2700
ModificationTimestamp2025-08-19T21:10:01.854Z
Net Operating Income94734
Number Of Units Total8
Operating Expense48000
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount16396
Tax Year2023
Tenant PaysElectricity
TownshipJefferson
Trash Expense2790
Virtual TourClick here
Water Sewer Expense5251
Year Built1926
ZoningMULTI

Exterior for 4860 W Byron Street

Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions50 X 123
Lot Size Acres0.14

Additional Details

Price History

Client Care

Price $1,499,900
MLS#12413504
List Date 07/09/2025
Property Type Contingent
Phone 847.485.2500
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