4136 W Palmer Street, Chicago, IL 60639

Chicago
Local realty services provided by:ERA Naper Realty
4136 W Palmer Street,Chicago, IL 60639
$1,049,000
  • 10 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: travis bjork
Office: real 1 realty
MLS#:12621822
Source:MLSNI

Price summary

  • Price:$1,049,000

About this home

Compelling cash-flow investment featuring $108,000+ annual rental income from annual leases to strong-credit tenants, $80,500 NOI, 7.5 cap rate, and 9.95 GRM at asking price. Turnkey all-brick asset offering additional upside through furnished rentals, laundry, garage, and parking income. Located just west of Logan Square, this well-maintained Chicago apartment building sits in a stable residential setting surrounded by well-kept single-family homes and benefits from consistent rental demand. Just two blocks from the Healy Metra station and the Fullerton bus line, providing convenient commuter access and strong tenant appeal. The property has been substantially improved in recent years and offers an attractive blend of updated interiors and preserved vintage character. EVERY unit features fully updated kitchens and baths consistent with the property photos, along with stainless steel appliances, granite countertops, refinished hardwood flooring, original stained-glass...

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Home facts

  • Year built:1923
  • Listing ID #:12621822
  • Updated:September 30, 2026 at 09:22 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1923
  • Lot area:0.08 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,049,000
  • Tax amount:$8,682 (2023)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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