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$729,000
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Property Description
Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. The property features 3 spacious four-bedroom, one and a half-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.
Full Property Details
Full Property Details for 3916 W Congress Pkwy
General
- Sold For: $729,000
- Taxes: $12,425 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12418679
- Added to Site: 225 day(s) ago
Location
- Area: CHI - West Garfield Park
- County: Cook
- Driving Directions: Eisenhower X-press (I-290) exit Independence Blvd West on Congress to Subject
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished
- Stories/Levels: 4
- Current Bldg. Use: Multi-Family
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 7
- Units w/Range/Oven: 7
Lot Features
- Lot Size (Sq. Ft.): 4,798
- Lot Dimensions: 125 x 36
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $29,265
- Assessment Year: 1926
- Tax Amount: $12,425
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 16141120310000
Listed by Berkshire Hathaway HomeServices American Heritage
Sold by Realty of America, LLC
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Schools
Schools serving 3916 W Congress Pkwy
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Melody Elementary School 3937 West Wilcox Street, Chicago, IL 60624 | K-8 | 0.3 mi |
Marshall Metropolitan High School 3250 West Adams Street, Chicago, IL 60624 | 12-11 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3916 W Congress Pkwy
Date
Details
Price
Change
Source
12/12/2025
Sold
$729,000
—
MLS
8/12/2025
Price Reduced
$729,000
-2.67%
MLS
7/21/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3916 W Congress Parkway, Chicago, IL 60624 (MLS# 12418679) is a Commercial property that was sold at $729,000 on December 12, 2025. Want to learn more about 3916 W Congress Parkway? Do you have questions about finding other Commercial real estate for sale in West Garfield Park? You can browse all West Garfield Park real estate or contact a Coldwell Banker agent to request more information.

