Welcome to this bright and spacious Legal 3 flats well maintained building which perfectly situated in the heart of Skokie Downtown. Boasting an open and inviting floor plan, this beautifully maintained home offers the perfect blend of comfort, style, and convenience. Beautiful brand NEW deck/ porch which was built in 2022. Lots of improvements have been done lately. First Floor has been rehabbed with a fresh paint, hardwood floor polish and stain, new bathroom finishes to name a few. Step inside to find a sun-drenched living room with large windows and gleaming hardwood floors that flow seamlessly into the dining area - ideal for entertaining. The updated kitchen features modern cabinetry, stainless steel appliances, and plenty of storage. Additional highlights include central air conditioning on 3rd floor unit and boiler for the remaining units. 3-cars parking garage and ample street parking available. HUGE apartment units offering both the formal dinning room and large living room. Located just minutes from vibrant downtown Skokie, with its charming shops, restaurants, and Skokie Swift CTA station, plus easy access to I-94 for a quick commute to the city. Excellent schools, parks, and amenities nearby make this an unbeatable location. Don't miss your chance to own this move-in ready gem - schedule your private tour today! Long-term tenants in place at below-market rents, offering significant upside potential for future rental income. An excellent opportunity for seasoned investors looking to maximize returns, or for an owner-occupant to live in one unit and collect rent from other units. Bring your vision for the unfinished basement - perfect for creating a duplex unit or adding value with your own creative touch. A rare and incredible opportunity for investment or personal residence!! Seller makes no representations or warranties regarding the legality of the basement unit. Buyer to perform their own due diligence with the municipality. Agent and brokerage do not guarantee zoning or code compliance.
Contingent
Price cut: $37K (7/26)
$749,000
4935 Louise St, Skokie, IL 60077
9beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$733,800 Zestimate®
$--/sqft
$-- HOA
What's special
Modern cabinetryLarge windowsFresh paintCentral air conditioningGleaming hardwood floorsUpdated kitchenStainless steel appliances
- 26 days
- on Zillow |
- 773 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 04:20pm
Listing courtesy of:
Abbas Nasir 630-560-1001,
Illinois Real Estate Partners
Source: MRED as distributed by MLS GRID,MLS#: 12423662

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air, Steam, Radiator(s), Sep Heating Systems - 2+
Features
- Basement: Unfinished,Exterior Entry,Full
Property
Parking
- Total spaces: 3
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 3
Lot
- Size: 5,000 Square Feet
- Dimensions: 40X125
Details
- Parcel number: 10282080020000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Skokie
Financial & listing details
- Tax assessed value: $560,000
- Annual tax amount: $17,466
- Date on market: 7/18/2025
- Ownership: Fee Simple
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