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$635,000
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Property Description
This 6-unit brick building offers a prime investment opportunity for those seeking stability, income, and long-term value. Each thoughtfully designed unit features four generously sized bedrooms, refinished hardwood floors, and gas-forced air heating, delivering both charm and comfort. With separate utilities, tenants enjoy control over their own energy usage, while owners benefit from streamlined operations and reduced overhead. A major advantage for incoming buyers is the continuity of property management-the current manager is prepared to stay on, offering seamless day-to-day oversight and deep familiarity with the building and its residents. Perfectly positioned near schools, shopping, transportation, and major employment hubs, the property offers outstanding convenience for tenants-supporting strong occupancy and rent potential well into the future. Don't miss your chance to own this high-performing asset in a sought-after location. Schedule your private showing today and capitalize on this exceptional multifamily investment.
Full Property Details
Full Property Details for 4828 W Adams St
General
- Sold For: $635,000
- Taxes: $8,967 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12362205
- Added to Site: 250 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: Cicero (4800) to Adams (200 South) west to property
Heating & Cooling
- Heating Type: Forced Air, Gas, Separate per Unit
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Size (Sq. Ft.): 5,704
- Lot Dimensions: 46 x 124
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $8,967
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 16162050610000
Listed by Optimus Realty Inc
Sold by Optimus Realty Inc
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Schools
Schools serving 4828 W Adams St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.5 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 2.4 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 4828 W Adams St
Date
Details
Price
Change
Source
8/14/2025
Sold
$635,000
-2.31%
MLS
5/11/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4828 W Adams Street, Chicago, IL 60644 (MLS# 12362205) is a Commercial property that was sold at $635,000 on August 14, 2025. Want to learn more about 4828 W Adams Street? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

