4827 Lee Street $685,000


    4827 Lee Street Skokie, IL 60077

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    • 6 Beds
    • 3 Baths
    • Multi-Family
    • MLS# 10957134
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    Views: 3 Days On Site: 24

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    Property Details

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    Triton Realty Group presents for sale a stabilized 3-unit investment property in one of Chicago land's hottest suburban markets. This is an excellent turn-key investment or perfect for a savvy live-in owner. The three-story brick building features three 2 bedroom 1 bathroom units w/ large bedrooms and ample living space. Separate locked storage spaces for each unit in basement, along with laundry machines (designated for each unit), plus owner storage. The building faces Lee-Wright Park giving open sunny views and nice green space. Superb convenience to transportation, Skokie Swift (yellow "L" line) located less than a mile from the building as well as I-94. Skokie is frequently sought after by renters for its close proximity to the City of Chicago as well as the surrounding towns in the northwest suburbs and the Skokie school system. In addition, the property is just one block from Main Street, providing easy access to a myriad of retail stores, restaurants, and entertainment destinations. Seller has made numerous capital improvements including: - New boiler (2015) - New insulated windows (2016) - New roof on building and garage (2017) - Tuckpointed exterior (2017-18) - New garage floor (2018) - Installed 5MP HD motion activated security cameras (2018) - Poured new front walkway concrete, and installed privacy gate and security bars on ground level windows (2018 - Fresh paint in common areas (2020) - Installed 2 new ejector pumps with check valves (2020) - Solar panel system approved and pending installation for building and 3rd floor unit electricity (2020). An investor or owner-occupant has the rare opportunity to acquire an asset in an area of Chicago that has seen tremendous growth and development. This one won't last!

    • General Features
      • Additional Parcels Y/N No
      • Area Skokie
      • Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved, Other
      • County Or Parish Cook
      • Electric Expense 250
      • Fuel Expense 3000
      • Gross Income 57500
      • Net Operating Income 32852
      • New Construction Y/N No
      • Ownership Fee Simple
      • Special Listing Conditions None
      • Tax Annual Amount 13363.95
      • Tax Year 2019
      • Township Niles
      • Year Built 1930
      • Zoning MULTI
    • Building Features
      • Basement Full, Walkout
      • Bedrooms (Below Grade) 0
      • Exterior Features Patio, Stamped Concrete Patio, Cable Access
      • Garage Spaces 3
      • Heating Natural Gas, Steam
      • Roof Rubber,Flat
      • Rooms Total 15
      • Sewer Public Sewer, Sewer-Storm
    • Property Features
      • Lot Size Acres 0.08
      • Lot Size Dimensions 30X124
      • Other Structures Garage(s)
      • Parcel Number 10212230100000
      • Water Source Public
      • Waterfront Y/N No
    • Schools
      • Elementary School Madison Elementary School
      • Elementary School District 69
      • High School Niles West High School
      • High School District 219
      • Middle Or Junior School Lincoln Junior High School
      • Middle Or Junior School District 69



    60077 (Skokie) Demographics

    40 Median Age
    7,025 Population Density (per sq. mile)
    49% College Educated
    $57,284 Estimated Median Income
    6,413 Estimated Total Home Owners
    3,856 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    28,281 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $239,000 Median Sales Price
    27 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $685,000
        1/4/2021 8:32:42 AM Status Changed Source New Value: Contingent
        12/27/2020 12:17:48 AM Status Changed Source New Value: Active
        12/22/2020 12:35:00 PM New in Database Source New Value: $685,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.