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$315,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
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FANTASTIC 4-UNIT INVESTMENT OPPORTUNITY IN BACK OF THE YARDS!! Located near 47th street shopping, public transportation, and several neighborhood schools-ideal for both investors and owner-occupants. Building features two 2-bedroom units plus two cozy 1-bedroom units, offering strong rental flexibility. An added space in the attic, providing potential for storage or future expansion(buyer to verify possibilities). Includes a garage and vacant lot. Residents will appreciate the walkable location, nearby parks, and easy access to bus routes, grocery stores, and daily conveniences. Whether your'e looking to add to your portfolio or start your investment journey, this property delivers consistent rental demand in a growing community. SECURE THIS INCOME-PRODUCING PROPERTY in one of CHICAGO'S MOST ACTIVE RENTAL MARKETS TODAY! No FHA, Conventional,203k financing or cash

Full Property Details for 4805 S Elizabeth St

General

  • Price: $315,000
  • Taxes: $2,711 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12524679
  • Updated: 12/3/2025
  • Added to Site: 51 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - New City
  • County: Cook
  • Township: Lake
  • Driving Directions: 47th St. to Elizabeth South to 4 flat 4803-05

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Foundation: Other
  • Roof: Asphalt
  • Year Built: 1890
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 50 x 125
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1890
  • Tax Amount: $2,711.1
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20081150030000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 4805 S Elizabeth St —

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 4805 S Elizabeth St

School District:Chicago Public School District 299
NameGradesDistance
Hamline Elementary School
4747 South Bishop Street, Chicago, IL 60609
K-80.3 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 4805 S Elizabeth St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/27/2025
Listed
$315,000
86.39%
MLS
7/25/2019
Sold
$169,000
—
Public Record
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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 4805 S Elizabeth St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$601
3%
$2,850
—
2022
$586
2%
$2,850
—
2021
$573
-10%
$2,850
—
2020
$635
11%
$2,850
—
2019
$573
2%
$2,850
—
2018
$563
3%
$2,850
12%
2017
$549
7%
$2,550
—
2016
$511
9%
$2,550
—
2015
$467
5%
$2,550
6%
2014
$445
2%
$2,400
—
2013
$436
1%
$2,400
—
2012
$431
—
$2,400
—
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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4805 S Elizabeth Street, Chicago, IL 60609 (MLS# 12524679) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 4805 S Elizabeth Street is currently listed for $315,000 and was received on November 27, 2025. This property is listed by Michelle Atkins from our La Grange Office.Want to learn more about 4805 S Elizabeth Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

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