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$889,900 Just Listed
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Property Description
Turn-key investor opportunity in downtown Skokie, located in the Niles West High School District. Fully occupied 4-unit, two-flat property offering strong cash-flow potential. All units feature oak hardwood floors, newer kitchens and newer bathrooms, ceramic tile finishes, upgraded cabinetry and countertops, and stainless steel appliances. Newer windows throughout. Laundry is conveniently located in the basement. Property includes a fenced backyard, updated walkways and porch areas, refreshed landscaping, upgraded rear porch siding, and newer interior and exterior doors. Some newer furnaces and water heaters. Excellent opportunity to raise rents and increase overall cash flow.
Full Property Details
Full Property Details for 4956 Louise St
General
- Price: $889,900
- Taxes: $17,673 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12549464
- Updated: Today (1/18/2026)
- Added to Site: Today
Rental Information
- Complex Features: Sidewalks, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Location
- Area: Skokie
- County: Cook
- Township: Niles
- Driving Directions: 1 BLOCK S OF OAKTON AND 2 BLOCKS W OF SKOKIE BLVD
School Information
- School District: 69
- Elem School District: 69
- Midd School District: 69
- High School District: 219
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Individual Controls
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Model: 4 UNIT
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Other, Full
- Roof: Asphalt, Flat
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Manufactured Home
- Model: 4 UNIT
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 124
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1950
- Tax Amount: $17,673.85
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10282010220000
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Schools
Schools serving 4956 Louise St
School Districts:Skokie School District 69, Niles Township Community High School District 219
| Name | Grades | Distance |
|---|---|---|
Lincoln Jr High School, Skokie, IL 7839 Lincoln Avenue, Skokie, IL 60077 | 6-8 | 0.1 mi |
Madison Elementary School, Skokie, IL 5100 Madison Street, Skokie, IL 60077 | PK-2 | 0.5 mi |
Thomas Edison Elementary School 8200 Gross Point Road, Morton Grove, IL 60053 | 3-5 | 0.7 mi |
Niles West High School 5701 Oakton Street, Skokie, IL 60077 | 9-12 | 1 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 4956 Louise St
Date
Details
Price
Change
Source
1/18/2026
Listed
$889,900
99.53%
MLS
9/01/2015
Sold
$446,000
—
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 4956 Louise St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,218
—
$52,000
—
2022
$16,210
20%
$52,000
40%
2021
$13,465
1%
$37,179
—
2020
$13,370
-12%
$37,179
-22%
2019
$15,273
5%
$47,512
17%
2018
$14,501
—
$40,505
—
2017
$14,566
6%
$40,505
—
2016
$13,725
17%
$40,505
23%
2015
$11,763
2%
$32,942
—
2014
$11,499
-4%
$32,942
-3%
2013
$11,983
8%
$33,876
—
2012
$11,124
—
$33,929
—
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 4956 Louise St
4956 Louise Street, Skokie, IL 60077 (MLS# 12549464) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 4956 Louise Street is currently listed for $889,900 and was received on January 18, 2026. Want to learn more about 4956 Louise Street? Do you have questions about finding other Multi-Family real estate for sale in Skokie? You can browse all Skokie real estate or contact a Coldwell Banker agent to request more information.

