4811 S Elizabeth Street
Chicago, IL 60609
6
Bed
3
Bath
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
Property Details
Map
Map
Features
-
Bedroom Information
Total Bedroom: 6 Room Types: DenBathroom Information
Total Baths: 3Room Information
Rooms Total: 16 -
Flooring Information
Construction Materials: Aluminum Siding -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan
-
Building Information
Year Built: 1893
-
Lot Information
Lot Dimensions: 24 x 125 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
-
Listing Price Information
Original List Price:$259900
-
Tax Information
Annual Tax: $1793 Tax Year: 2023 Parcel Number: 20081150060000 Tax Exemption: None
-
Parking Information
Total Parking: 2 Off Site, Detached, GarageGarage Information
Garage Space: 2
-
Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
Subdivision: Back of the Yards City: Chicago Direction: East on 47th Street to Throop, south on Throop to 48th Street, east on 48th street to Elizabeth Street, North on Elizabeth to 4011.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1314 W 51st Street, Chicago, IL, 60609 | $489,000 | 8 | 4 | -- | |
| 539 W 44th Street, Chicago, IL, 60609 | $325,000 | 3 | 2 | 1,855 | 1,855 SqFt |
| 5029 S Racine Avenue, Chicago, IL, 60609 | $399,900 | 8 | 3 | -- | |
| 3645 S Wood Street, Chicago, IL, 60609 | $449,000 | 5 | 4 | -- | |
| 4353 S Halsted Street, Chicago, IL, 60609 | $699,000 | 4 | 4 | 2,997 | 2,997 SqFt |
| 716-718 W 51st Street, Chicago, IL, 60609 | $495,000 | 8 | 4 | -- | |
| 3619 S Parnell Avenue, Chicago, IL, 60609 | $675,000 | 3 | 3 | 2,100 | 2,100 SqFt |
| 4229 S Princeton Avenue, Chicago, IL, 60609 | $649,000 | 4 | 4 | 2,454 | 2,454 SqFt |
| 927 W 53rd Place, Chicago, IL, 60609 | $75,000 | 3 | 1 | 1,008 | 1,008 SqFt |
| 3624 S Paulina Street, Chicago, IL, 60609 | $250,000 | 4 | 2 | -- |
Similar Homes To 4811 S Elizabeth Street
Nearby For Sale
Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Midwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 08/13/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
ByOwner last updated this listing 08/13/2026 @ 06:20
More Cities with for Sale by Owner Homes
- Chicago Homes For Sale By Owner
- Cicero Homes For Sale By Owner
- Oak Park Homes For Sale By Owner
- Crest Hill Homes For Sale By Owner
- Berwyn Homes For Sale By Owner
- STICKNEY Homes For Sale By Owner
- Elmwood Park Homes For Sale By Owner
- Forest Park Homes For Sale By Owner
- Lincolnwood Homes For Sale By Owner
- River Forest Homes For Sale By Owner
- NORTH RIVERSIDE Homes For Sale By Owner
- Riverside Homes For Sale By Owner
- Harwood Heights Homes For Sale By Owner
- Lyons Homes For Sale By Owner
- River Grove Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- Skokie Homes For Sale By Owner
- NORRIDGE Homes For Sale By Owner
- Hometown Homes For Sale By Owner
- Stone Park Homes For Sale By Owner
Homes around $259,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.