4900 Greenwood Street

Skokie, IL 60077

$1,249,000
Price
9
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment of the Year! Fully Rented 5-Unit Brick Apartment Building Don't miss out on this amazing investment opportunity! This 5-unit brick building is in great condition and 100% rented. Each unit is well-maintained, with tenants who love to call them home. Tenants pay their own gas and electricity, which means reduced operating costs for you. Each unit also comes with extra storage and assigned parking for added convenience. There's a washer/dryer in the basement that generates additional income....Investment of the Year! Fully Rented 5-Unit Brick Apartment Building Don't miss out on this amazing investment opportunity! This 5-unit brick building is in great condition and 100% rented. Each unit is well-maintained, with tenants who love to call them home. Tenants pay their own gas and electricity, which means reduced operating costs for you. Each unit also comes with extra storage and assigned parking for added convenience. There's a washer/dryer in the basement that generates additional income. Rents are currently below market value, presenting a fantastic opportunity for potential income growth. The property is ideally located, close to shopping, restaurants, and transit options, including the Yellow Line. This building offers the perfect blend of steady cash flow and long-term appreciation potential. Invest now and take advantage of this rare opportunity!
  1. Listed by Monika Hajkowska • Five Star Realty Services Inc

Property Details for 4900 Greenwood Street

Area
Skokie
LISTING UPDATED: 11/02/2024 12:13 PM

Property Details for 4900 Greenwood Street

StatusActive
MLS #12193350
Days on Market69
Taxes$17,623 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1956
Lot Size0.07 AC / 3,242 SF
CountyCook County

Building Information for 4900 Greenwood Street

Stories2Residences5Year Built1956Building Size-Lot Size0.07 AC / 3,242 SF

Property Information for 4900 Greenwood Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 1
  • Heat/Ventilation: Baseboard
  • # Of Refrigerators: 5
  • # Of Dryers: 1
  • Num of Baths: 5.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 130X75
  • Lot Size Square Feet: 3242.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Building Area Total: 5625
  • # Of Ranges: 5
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 28
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $.00
  • Gross Income: $87,720.00
  • Gross Scheduled Income: $89,000.00
  • Insurance Expense: $3,460.00
  • Maintenance Expense: $500.00
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Trash Expense Source: Actual
  • Total Monthly Income: 7310
  • Water Expense Source: Actual
  • Net Operating Income: $60,510.00
  • Operating Expense: $28,490.00
  • Other Expense: $.00
  • Trash Expense: $500.00
  • Water Sewer Expense: $2,408.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4900 Greenwood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4900 Greenwood Street

Taxable ValueLand$4,214Additions$24,656Total$28,870
Tax Record2022$7,020 ($585 / month)
Home Facts
Baths5Total Finished SqFt5,625 SqFtAbove Grade Finished SqFt5,625 SqFtStories2Lot Size3,242 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyCOOKAPN10-16-421-044

Schools near 4900 Greenwood Street

This home is within Skokie School District 68.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jane Stenson School
PublicK to 5

Old Orchard Jr High School
Public6 to 8

Niles Central
Public9 to 12

Niles North High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4900 Greenwood Street is a multi-family home for sale in Skokie, IL 60077. This property was listed for sale on October 21, 2024 by Five Star Realty Services Inc, it's currently listed at $1,249,000. This listing's school districts are Skokie School District 68, Niles Twp Chsd 219 School District. Nearby schools include Jane Stenson School, Old Orchard Jr High School and Niles Central. 4900 Greenwood Street is a 9-bed, 5-bath, multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Five Star Realty Services Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/02/2024 12:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.