Exceptional investment opportunity! This fully legal 3-unit multifamily building features 3-bedroom,2 full bathroom units, each thoughtfully designed for comfortable living. Every unit offers a generous layout with private full kitchens, in-unit laundry hookups, and ample natural light throughout. Each unit is individually metered with separate gas and electric meters, ensuring straightforward tenant billing and maximum income potential. With 2 full bathrooms per unit, this property is perfect for shared living arrangements, ideal for rental income. Property includes an off-street parking available in the back and a drive way. Whether you're a savvy investor looking to expand your portfolio or a buyer interested in owner-occupying one unit while generating rental income from the others, this property offers exceptional flexibility and long-term upside. Conveniently located near Midway Airport, Stevenson X-way, and CTA Orange Line. Recent upgrades include a 2022 roof replacement, new A/C units in 2011, new back wood fence and newer concrete gangway, new carpet, new boilers and new appliances. Act now for a solid investment!
New
$660,000
4407 W 53rd St, Chicago, IL 60632
9beds
--sqft
Multi Family
Built in 2004
-- sqft lot
$645,900 Zestimate®
$--/sqft
$-- HOA
What's special
New boilersAmple natural light throughoutNew back wood fencePrivate full kitchensNew carpetGenerous layoutIn-unit laundry hookups
- 3 days |
- 191 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Karla Boccelli (773)306-5700,
RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID,MLS#: 12730908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Side Apron, Driveway, Yes, Owned
- Has uncovered spaces: Yes
Lot
- Size: 4,752 Square Feet
- Dimensions: 36 X 132
Details
- Additional structures: Shed(s)
- Additional parcels included: 19103250370000
- Parcel number: 19103250360000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $273
- Annual tax amount: $9,344
- Date on market: 8/12/2026
- Ownership: Fee Simple
Estimated market value
$645,900
$614,000 - $678,000
$2,072/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $660,000+11.9% |
Source:  MRED as distributed by MLS GRID #12730908 Report a problem | ||
| 5/10/2024 | Sold | $590,000 |
Source: MRED as distributed by MLS GRID #12020062 Report a problem | ||
| 5/8/2024 | Pending sale | $590,000 |
Source: MRED as distributed by MLS GRID #12020062 Report a problem | ||
| 4/13/2024 | Contingent | $590,000 |
Source: MRED as distributed by MLS GRID #12020062 Report a problem | ||
| 4/10/2024 | Listed for sale | $590,000+168.2% |
Source: MRED as distributed by MLS GRID #12020062 Report a problem | ||
| 7/1/2011 | Sold | $220,000 |
Source: MRED as distributed by MLS GRID #07798930 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2014 | $51 +2% | $273 |
| 2013 | $50 +1.4% | $273 |
| 2012 | $49 -14.5% | $273 -22.9% |
| 2011 | $58 -0.4% | $354 |
| 2010 | $58 +4.3% | $354 |
| 2009 | $56 +75.1% | $354 +60.9% |
| 2008 | $32 | $220 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Archer Heights
Nearby schools
GreatSchools rating
- 4/10Edwards Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 2/10Curie Metropolitan High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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