For Sale
Price CutPrice Drop: $10K (10/13)
Multi family home for sale at 4811 S Elizabeth St, Chicago, IL 60609 | MLS# 12722361 | Listing updated on 2026-10-13
Photo 1 of Multi family home for sale at 4811 S Elizabeth St, Chicago, IL 60609 | MLS# 12722361 | Listing updated on 2026-10-13
Photo 2 of Multi family home for sale at 4811 S Elizabeth St, Chicago, IL 60609 | MLS# 12722361 | Listing updated on 2026-10-13
Photo 3 of Multi family home for sale at 4811 S Elizabeth St, Chicago, IL 60609 | MLS# 12722361 | Listing updated on 2026-10-13
Photo 4 of Multi family home for sale at 4811 S Elizabeth St, Chicago, IL 60609 | MLS# 12722361 | Listing updated on 2026-10-13
12+
Beds Icon

Street View

$239,000

Monthly Est:$1,190

  • Beds Icon6 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

4811 S Elizabeth St, Chicago, IL 60609

$1,190/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1893

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

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. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!

  • Houzeo last checked: 12 minutes ago
  • Listing updated: October 13, 2026 at 5:06 am
  • Listing Provided by: Elizabeth Maldonado (773) 798-7190 | @properties Christie's International Real Estate (312) 254-0200
  • Source: MRED MLS-IL | MLS#: 12722361 MRED MLS-IL

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    New City

  • Year Built

    1893

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12722361

  • MLS Status

    Active

  • Days on Market

    84

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Heating

    Natural Gas

Construction

  • Year Built

    Year Built: 1893

  • Home type

    Multi Family

  • Construction Materials

    Aluminum Siding

Utilities & Energy

  • Basement

    Finished, Daylight, Walk Out Access

  • Water Source

    Lake Michigan

  • Parking Features

    Off Site, Detached, Garage

Other Features

  • Subdivision Name

    Back Of The Yards

Price History

DateEventPrice

10/07/2026

Source: mls_logoMRED MLS-IL #MRD12722361

Price Decreased

$239,000 -4.02%

$0/sqft

09/11/2026

Source: mls_logoMRED MLS-IL #MRD12722361

Price Decreased

$249,000 -4.19%

$0/sqft

08/06/2026

Source: mls_logoMRED MLS-IL #MRD12722361

Listed for Sale

$259,900

$0/sqft

New City Ranks #144 in Chicago, IL

Homes for sale
85

Homes

Rental prices
$988

Rental Prices

Median Home Price
$255K

Median Home Price

New City, Chicago, IL neighborhood guide

Getting Around 4811 S Elizabeth St

Bike Score®

Bike Score

Bikeable

68/100

Walk Score®

Walk Score

Very Walkable

75/100

Transit Score®

Transit Score

Good Transit

60/100

Data provided by Redfin

Nearby Homes

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 30, 2026, 01:00AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 30, 2026, 01:00AM. All data is obtained from various sources and has not been, and will not be, verified by 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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