4923 W Concord Place, Chicago, Illinois 60639

$494,850
6
BD
4
BA

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Sold Price
$494,850
List Price
$475,000
Closing Date
May 19, 2026
MLS#
12602018
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
6
Bathrooms
4
Gross Rental Income
$48,480
County
Cook
City
Chicago
Neighborhood
North Austin
Days On Market
16

Property Description

Nestled in the up-and-coming North Austin neighborhood of Chicago, 4923 W Concord Pl is an outstanding investment opportunity that's ready to deliver both immediate cash flow and long-term potential. This solid 3-unit property has been recently updated and is perfect for savvy investors looking to grow their portfolio in a neighborhood that's on the rise. Each unit offers ample living space and charming features, appealing to tenants seeking comfortable and convenient urban living. The building has been well-maintained, with updates that make ownership worry-free. With strong rental demand in the area, this property is poised to generate consistent income right from the start. North Austin is quickly becoming a hotspot for investors and renters alike, thanks to its affordability and proximity to public transportation, parks, schools, and shopping. It's a community on the brink of transformation, with exciting developments and increasing property values making it a smart choice for forward-thinking buyers. Don't miss your chance to own a property that blends immediate returns with future growth potential. Whether you're a seasoned investor or just starting your journey, 4923 W Concord Pl is the opportunity you've been waiting for! All 3 units have been recently renovated. 1.5 car garage, coin laundry. Roof age silver coated within past 5 years. Walk to CTA Bus, retail, shopping, grocery, gym, Walmart, Metra and more! Seller nor broker represent legality of garden unit. Please note: there is no Homeowner exemption on the taxes.

Additional Information

School District
299
Elementary School
Lewis Elementary School
Middle School
Lewis Elementary School
High School
Foreman High School
Corporate Limits
Chicago
Tax Year
2024
Tax Amount
$6,129
Year Built
1916
Lot Dimensions
25X125
Lot Size Range
Less Than .25 Acre
Units
3
Garage Spaces
1.5
Parking Spaces
1.5
Parking Details
Yes, Garage Owned, Detached, Garage
Heating
Radiator(s)
Sewer
Public Sewer
Basement
Yes
Total Rental Income
$48,480

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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

Selling Office: Golden City Realty, Inc..



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