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$649,900
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Property Description
Welcome to this beautifully renovated two-flat in Ellis Place, offering an ideal blend of comfortable living and income potential! Set along a picturesque, gated and tree-lined courtyard, this property features a spacious two-story main residence with 3 bedrooms and 2 full baths, plus a separate renovated 1 bedroom, 1 bath garden unit. The main unit offers a thoughtfully updated interior and well-appointed floor plan. The inviting living room features hardwood floors and is anchored by a cozy corner fireplace making it the perfect spot to unwind. Enjoy meals in the eat-in kitchen with refinished cabinetry, granite countertops, center island, stainless steel appliances, pantry and a spacious dinette area. A convenient laundry area completes the main level. Upstairs, retreat at day's end to the comfortable primary suite featuring vaulted ceilings, double closets, a private full bath and its own fireplace! Also on the 2nd level are two additional bedrooms and another full bath. Grill or relax on the private deck overlooking the fully-fenced yard with a firepit and detached 2 car garage. The garden unit provides an excellent opportunity for rental income, related living, or additional flexible space. This building was extensively rehabbed in 2011, along with more recent improvements including a newer furnace (2017), updated back doors, garage door, backyard fencing, LED lighting, window treatments and bay window siding. In addition, each unit has its own private laundry, dedicated hvac and is individually metered. Located in desirable Oakland, this property is across the street from Holly Park (playground/splash pad) and just blocks from Oakwood Beach, shopping, dining, public transportation, schools and more! Don't miss your chance to own this versatile property, ideal for both investors or owner-occupants alike!
Full Property Details
Full Property Details for 4037 S Ellis Ave
General
- Price: $649,900
- Taxes: $9,732 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12794949
- Updated: 11/10/2026
- Added to Site: 7 day(s) ago
Rental Information
- Complex Features: Park, Lake, Dock, Curbs, Gated, Sidewalks, Street Lights
Interior
- Basement: Finished, F
- Appliances: Humidifier
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
- Bathroom Features: Whirlpool
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Cable TV, Security System, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
- Other Features: School Bus Service, Commuter Bus, Interstate Access, Historical District
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Oakland
- County: Cook
- Township: Hyde Park
- Driving Directions: When heading southeast on US-41 S take the Oakwood Blvd exit, turn right onto E Oakwood Blvd, turn left onto S Ellis Ave, turn left to stay on S Ellis Ave and the home will be on the left.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Robinson Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Heating & Cooling
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Vinyl Siding, Brick
- Exterior Const.: Aluminum Siding, Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Windows: Screens
- Year Built: 1997
- Remodeled/Updated: 2011
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3375
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1997
- Tax Amount: $9,732
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 20021070500000
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Schools
Schools serving 4037 S Ellis Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Robinson Elementary School, Chicago, IL 4225 South Lake Park Avenue, Chicago, IL 60653 | PK-3 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 0.9 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 4037 S Ellis Ave
Date
Details
Price
Change
Source
11/04/2026
Listed
$649,900
76.36%
MLS
7/28/2016
Sold
$368,500
—
Public Record
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
Tax History for 4037 S Ellis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,977
—
$50,000
22%
2023
$7,977
3%
$41,000
—
2022
$7,754
2%
$41,000
—
2021
$7,598
56%
$41,000
64%
2020
$4,869
-3%
$24,957
-12%
2019
$5,009
-11%
$28,361
—
2018
$5,602
9%
$28,361
19%
2017
$5,143
7%
$23,893
—
2016
$4,786
9%
$23,893
—
2015
$4,378
19%
$23,893
20%
2014
$3,685
2%
$19,859
—
2013
$3,612
16%
$19,859
—
2012
$3,116
—
$19,859
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4037 S Ellis Ave
4037 S Ellis Avenue, Chicago, IL 60653 (MLS# 12794949) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 4037 S Ellis Avenue is currently listed for $649,900 and was received on November 04, 2026. Want to learn more about 4037 S Ellis Avenue? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.
