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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 1,599,000

Est. payment -/mo

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Price Dropped by $126K

4936 Greenwood ST Skokie, IL 60077

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12712657

Maintenance Fees $2,365

Year Built 1955

Annual Tax Amount $15,962

Tax Year 2024

Lot Dimensions 47 X 120

Property Sub-Type Multi Family 5+

Property Description

The Only 6-Unit Multifamily Asset Currently Available in Skokie offering investors a rare opportunity to acquire a well-positioned building in a highly desirable submarket. Unique Unit Mix Featuring 14 Total Bedrooms, allowing for stronger rental income potential compared to typical multifamily properties in the area. Highly Desirable Corner Location providing abundant natural light throughout all units and enhancing tenant appeal. Exceptionally Well-Maintained Property, with mostly updated units and clean, professionally maintained common areas that minimize near-term capital expenditures. Excellent Value-Add Opportunity, with rents positioned below market and a clear path to increase income based on current market conditions and comparable in-house leasing data. Strong Upside Potential through strategic rent growth while benefiting from the property's attractive unit configuration and sought-after Skokie location.

Location

State IL

County Cook

Area Skokie

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Listed by Ian Luscombe of Chicago Real Estate Resources

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA