IL > Chicago
Chicago, IL 60618,4256 N Sawyer AVE
$1,200,000
Est. payment /mo
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4256 N Sawyer AVE Chicago, IL 60618

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12410005

Maintenance Fees $1,500

Year Built 1908

Annual Tax Amount $15,288

Tax Year 2023

Lot Dimensions 30' X 125'

Property Sub-Type Multi Family 5+

Property Description

Essex Realty Group, Inc. is exclusively engaged to market the sale of 4256 N. Sawyer Ave., a six-unit walk-up apartment building situated in a low-density pocket bordered by Ravenswood Manor, Irving Park, and Mayfair in Chicago's desirable Albany Park neighborhood. The property consists of three (3) one-bedroom, one-bath units and three (3) twobedroom, one-bath units. Inside, the apartments feature hardwood flooring, individual furnaces, separate hot water tanks, and moderately updated kitchens and bathrooms. Each unit offers spacious floor plans with separate dining rooms, enclosed front sunrooms, and rear porches. The building has been well-maintained over the years with several recent capital improvements, including roof resealing, tuck-pointing, new gutters, vinyl windows, and the addition of two new back porches in 2017. Over the past 12 months, the current ownership has successfully increased revenue. Despite the already strong rental income, the property presents an attractive opportunity for investors to add further value through continued interior upgrades. Renovating kitchens and bathrooms with contemporary finishes, adding in-unit laundry, and possibly incorporating an additional garden apartment would significantly enhance the building's appeal and cash flow, positioning it as a premium rental property in a highly sought-after submarket. 4256 N. Sawyer Ave. is ideally located near public transportation and various neighborhood amenities, making it a highly attractive asset for both tenants and investors.

Location

State IL

County Cook

Area Chi - Irving Park

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Masterson • Essex 312, LLC

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Dennis & Karen

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+1(219) 213-3346

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4256 N Sawyer AVE

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