4016 West Washington, Chicago IL 60624
$349,900

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Property Description

Excellent income-producing multi-unit property located at 4016 W. Washington Blvd in Chicago. This legal two-unit building with a non-conforming basement presents a perfect opportunity for investors seeking immediate cash flow with long-term upside. The property has been well maintained, and major capital improvements have already been completed, including a newer roof, water heater, and HVAC systems, all approximately 5 years old, providing peace of mind and reduced maintenance costs for the next owner. With solid fundamentals and value-add potential, this is a compelling investment in a growing area.

Features & Information

Key Details

  • List Price $349,900
  • Property Taxes $1,164
  • Price/ Sq. Ft. Unavailable
  • Year Built 1895
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 16
  • Basement E

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air, Indv Controls
  • Units

  • Unit 1 Stove, Refrigerator, Garage/Space
  • Unit 2 Stove, Refrigerator, Garage/Space

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Property Is Located On W Washington Blvd, West Of Pulaski Rd And East Of Karlov Ave.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 1164
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 16104210310000

Utilities

  • Sewer Sewer-Publ

Listed by: Real Broker LLC | Phone: 217.960.8605
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/12/2026 4:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore West Garfield Park

Since being settled by Scandinavian and Irish immigrants in the 1870s, West Garfield Park has become a working-class neighborhood on the rise. Its convenience to downtown has attracted the interest of business-owners and residential developers, but as of now, the up-and-coming West Garfield Park is still an affordable option for first-time homebuyers, young working singles and families alike. Gradual modernization of housing is slowly giving this classic neighborhood a contemporary face-lift, although the majority of properties here are of the vintage persuasion, rather than new design. West Garfield Park is also embellished with a healthy assemblage of retailers and restaurateurs, not to mention a large number of educational academies that include a specialized charter school and college level institution.

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