This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$870,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
MULTIPLE OFFERS RECEIVED, deadline for all offers is July 8th. Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring finished basement/in-law as a part of a duplex unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income and a proven history of reliable, long-term tenants who consistently on time with their rent. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. Tenants are responsible for their own electric service, while other utilities are paid by ownership. Detailed operating expenses and income estimates are available upon request through the listing agent. Recent improvements including a brand-new commercial washer and dryer, newer flooring in select units, newer windows updated A/C units and newer HVAC. Property management is familiar with the building and tenants and is willing to remain in place, providing a seamless transition for a new owner. Whether you are looking to expand your investment portfolio or acquire a stable, income-generating asset with upside potential, this property is a must-see. Schedule your private showing today.
Full Property Details
Full Property Details for 4533 Elm Ave
General
- Sold For: $870,000
- Taxes: $16,647 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12695230
- Added to Site: 56 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 11
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Brookfield
- County: Cook
- Driving Directions: Ogden to Elm Ave, South to Subject
School Information
- School District: 103
- Midd School District: 103
- High School: Lyons Twp High School
- Private School: Lyons Twp High School
Heating & Cooling
- Heating Type: Natural Gas, Baseboard
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Other
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1973
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 58 x 149
- Lot Features: Landscaped
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1973
- Tax Amount: $16,647.12
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18034140320000
Listed by HomeSmart Connect LLC
Sold by Komar
Get Pre-Approved Today
Schools
Schools serving 4533 Elm Ave
School Districts:Lyons School District 103, Lyons Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Brookfield, IL 4300 Grove Avenue, Brookfield, IL 60513 | PK-5 | 0.5 mi |
George Washington Middle School 8101 Ogden Avenue, Lyons, IL 60534 | 6-8 | 1.5 mi |
Lyons Twp High School 100 South Brainard Avenue, La Grange, IL 60525 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4533 Elm Ave
Date
Details
Price
Change
Source
8/24/2026
Sold
$870,000
-2.79%
MLS
7/03/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4533 Elm Avenue, Brookfield, IL 60513 (MLS# 12695230) is a Multi-Family property that was sold at $870,000 on August 24, 2026. Want to learn more about 4533 Elm Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brookfield? You can browse all Brookfield real estate or contact a Coldwell Banker agent to request more information.

