REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
$ 1,200,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12410005
Maintenance Fees $1,500
Year Built 1908
Annual Tax Amount $15,288
Tax Year 2023
Lot Dimensions 30' X 125'
Property Sub-Type Multi Family 5+
Property Description
4256 N. Sawyer Ave., a six-unit walk-up apartment building situated in a low-density pocket bordered by Ravenswood Manor, Irving Park, and Mayfair in Chicago's desirable Albany Park neighborhood. The property consists of three (3) one-bedroom, one-bath units and three (3) twobedroom, one-bath units. Inside, the apartments feature hardwood flooring, individual furnaces, separate hot water tanks, and moderately updated kitchens and bathrooms. Each unit offers spacious floor plans with separate dining rooms, enclosed front sunrooms, and rear porches. The building has been well-maintained over the years with several recent capital improvements, including roof resealing, tuck-pointing, new gutters, vinyl windows, and the addition of two new back porches in 2017. Over the past 12 months, the current ownership has successfully increased revenue. Despite the already strong rental income, the property presents an attractive opportunity for investors to add further value through continued interior upgrades. Renovating kitchens and bathrooms with contemporary finishes, adding in-unit laundry, and possibly incorporating an additional garden apartment would significantly enhance the building's appeal and cash flow, positioning it as a premium rental property in a highly sought-after submarket. 4256 N. Sawyer Ave. is ideally located near public transportation and various neighborhood amenities, making it a highly attractive asset for both tenants and investors.
Location
State IL
County Cook
Area Chi - Irving Park
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Masterson • Essex 312, LLC
GET MORE INFORMATION
Michael Bempah
Broker | License ID: 475.175881
Quick Search
- Homes For Sale in Shorewood, IL
- Homes For Sale in Joliet, IL
- Homes For Sale in Plainfield, IL
- Homes For Sale in Crest Hill, IL
- Homes For Sale in Romeoville, IL
- Homes For Sale in Channahon, IL
- Homes for Sale in Minooka, IL
- Homes For Sale in Naperville, IL
- Homes For Sale in Bolingbrook, IL
- Homes For Sale in Rockdale, IL
- Homes For Sale in Crystal Lawns, IL
- Homes For Sale in Lockport, IL
- Homes For Sale in Elwood, IL
- Homes For Sale in New Lenox, IL
- Homes For Sale in Homer Glen, IL
- Homes For Sale in Morris, IL
- Homes For Sale in Coal City, IL
- Homes For Sale in Manhattan, IL
- Homes For Sale in Mokena, IL
- Homes For Sale in Frankfort, IL
- Homes For Sale in Orland Park, IL