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$895,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 11 Total Beds
  • 4 Car Garage
  • Updated 54 minutes ago

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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 for 4533 Elm Ave

General

  • Price: $895,000
  • Taxes: $16,647 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12695230
  • Updated: 7/10/2026
  • Added to Site: 7 day(s) ago

Rental Information

  • Complex Features: Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Upper - Full Baths: 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
  • Township: Lyons
  • Driving Directions: Ogden to Elm Ave, South to Subject

School Information

  • School District: 103
  • Elem School District: 103
  • Midd School District: 103
  • High School District: 204
  • High School: Lyons Twp High School
  • Private School: Lyons Twp High School

Heating & Cooling

  • Heating Type: Natural Gas, Baseboard

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • 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
  • Pays Sewer: Public Sewer, Overhead Sewers

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 18034140320000

Listed by HomeSmart Connect LLC

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Listing agent

— 4533 Elm Ave —

  • HomeSmart Connect LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4533 Elm Ave

School Districts:Lyons School District 103, Lyons Township High School District 204
NameGradesDistance
Lincoln Elementary School, Brookfield, IL
4300 Grove Avenue, Brookfield, IL 60513
PK-50.5 mi
George Washington Middle School
8101 Ogden Avenue, Lyons, IL 60534
6-81.5 mi
Lyons Twp High School
100 South Brainard Avenue, La Grange, IL 60525
9-121.6 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/03/2026
Listed
$895,000
15.48%
MLS
1/10/2025
Sold
$775,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4533 Elm Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,834
—
$55,000
—
2023
$15,834
9%
$54,999
25%
2022
$14,559
4%
$43,866
—
2021
$13,952
-1%
$43,866
—
2020
$14,153
12%
$43,866
16%
2019
$12,680
4%
$37,882
—
2018
$12,184
5%
$37,882
—
2017
$11,609
7%
$37,882
17%
2016
$10,807
7%
$32,339
—
2015
$10,108
11%
$32,339
—
2014
$9,143
-23%
$32,339
-12%
2013
$11,803
3%
$36,793
—
2012
$11,466
—
$36,793
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4533 Elm Avenue, Brookfield, IL 60513 (MLS# 12695230) is a Multi-Family property with 4 units containing 11 bedrooms and 0 full bathrooms. 4533 Elm Avenue is currently listed for $895,000 and was received on July 03, 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.

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