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Two to Four Units · Chicago, IL
$259,900
6 beds · 3 baths
4811 S Elizabeth Street, Chicago, IL, 60609
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

2-car garage
Great Value-Add Investment Opportunity - Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. The building is in need of updating throughout and offers an excellent opportunity for renovation and increased value. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!
— the listing agent’s description

The home

6 beds
3 baths
Built in 1893
Lot 24 x 125
2-car garage
Two to Four Units

What it’ll cost

$1,793 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$1,607/mo
Principal & interest$1,382
Property taxes$149
Homeowners insurance$76
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On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
7 days on dwello
Price history
Listed for sale
Aug 6, 2026
$259,900
Property taxes
2025
Annual tax bill (MLS)
$1,793/yr
Assessed value
2025
County assessor
$15,000~$150,000 mkt
2024
$15,000~$150,000 mkt
2023
$8,500~$85,000 mkt
2022
$8,500~$85,000 mkt
2021
$8,500~$85,000 mkt
2020
$7,343~$73,430 mkt
2019
$8,539~$85,390 mkt
2018
$8,539~$85,390 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasAluminum SidingPublic SewerOff SiteDetached
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Elizabeth Maldonado · @properties Christie's International Real Estate
Listing last updated Aug 12, 2026 · data refreshed from the MLS Aug 12, 2026, 5:11 AM CT
Based on information submitted to the MLS GRID as of Aug 12, 2026, 5:11 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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