Chicago, IL 60624 3916 W Congress Parkway

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Presented By: Berkshire Hathaway HomeServices American Heritage
  • MLS# 12418679
  • 07/21/2025
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  • Beds • 6

Home Details

Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. The property features 3 spacious four-bedroom, one and a half-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.
Presented By: Berkshire Hathaway HomeServices American Heritage

Interior Features for 3916 W Congress Parkway

Other Interior Features

BasementUnfinished

General for 3916 W Congress Parkway

Additional Parcels Y/NNo
Cap Rate14
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsEisenhower X-press (I-290) exit Independence Blvd West on Congress to Subject
ElectricCircuit Breakers
Electric Expense840
Fuel Expense
Gross Income134400
Insurance Expense5800
Lot Size Square Feet4798
MLS AreaCHI - West Garfield Park
Maintenance Expense
ModificationTimestamp2025-07-27T05:06:03.320Z
Net Operating Income105135
Number Of Units Total7
Operating Expense29265
PossessionClosing, Tenant's Rights
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count4
Tax Annual Amount12425
Tax Year2023
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense1200
Water Sewer Expense9000
Year Built1926
ZoningMULTI

Exterior for 3916 W Congress Parkway

Frontage TypeCity Street
Lot Dimensions125X36

Additional Details

Price History

Client Care

Price $749,000
MLS#12418679
List Date 07/21/2025
Property Type Multi-Family
Phone 847.485.2500
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