16
See all 16 photos
$1,815,000
Est. payment /mo
Active
4948-58 W Dickens AVE Chicago, IL 60639
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12656102
Maintenance Fees $5,500
Year Built 1847
Annual Tax Amount $16,837
Tax Year 2024
Lot Dimensions 6310 SF
Property Sub-Type Multi Family 5+
Property Description
4948-58 W. Dickens Ave., a well-cared-for 11-unit apartment property featuring a large corner brick building, a recently paved private parking lot, and a coach house. The Subject Property is comprised of four (4) 3 Bed/1 Bath, five (5) 2 Bed/1 Bath, and two (2) 1 Bed/1 Bath units. Unit finishes feature hardwood floors, a mix of granite and laminate countertops, stainless steel or white appliances, individually furnaced heat and window air conditioning. The property also features a common laundry room and a five (5) car private parking lot. The ideal unit mix offers meaningful rental upside in its current condition. The Belmont Cragin submarket has experienced substantial rent growth, particularly over the past five years, as the neighborhood has broadened its tenant appeal. Demand has increasingly been driven by a younger renter demographic priced out of nearby neighborhoods, alongside the long-standing working-class residents who have historically defined the community. As outlined in the rent comparables included in the offering, similar units have recently achieved rents up to approximately 15 percent above the subject property's current rent levels. ASSUMABLE DEBT AVAILABLE AT 4.38 percent MATURING 8/1/2032 Freddie Mac SBL loan serviced by Key Bank
Location
State IL
County Cook
Area Chi - Belmont Cragin
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Quinn Evans of Essex 312, LLC
GET MORE INFORMATION