4948-58 West Dickens, Chicago IL 60639
Property Description
4948-58 W. Dickens Ave., a well-cared-for 11-unit apartment property featuring a large corner brick building, a recently paved private parking lot, and a coach house. The Subject Property is comprised of four (4) 3 Bed/1 Bath, five (5) 2 Bed/1 Bath, and two (2) 1 Bed/1 Bath units. Unit finishes feature hardwood floors, a mix of granite and laminate countertops, stainless steel or white appliances, individually furnaced heat and window air conditioning. The property also features a common laundry room and a five (5) car private parking lot. The ideal unit mix offers meaningful rental upside in its current condition. The Belmont Cragin submarket has experienced substantial rent growth, particularly over the past five years, as the neighborhood has broadened its tenant appeal. Demand has increasingly been driven by a younger renter demographic priced out of nearby neighborhoods, alongside the long-standing working-class residents who have historically defined the community. As outlined in the rent comparables included in the offering, similar units have recently achieved rents up to approximately 15 percent above the subject property's current rent levels. ASSUMABLE DEBT AVAILABLE AT 4.38 percent MATURING 8/1/2032 Freddie Mac SBL loan serviced by Key Bank
Features & Information
Key Details
- List Price $1,815,000
- Property Taxes $16,837
- Price/ Sq. Ft. Unavailable
- Year Built 1847
- Status Active
Building Information
- Age of Building Older
- Heating & Cooling Individual Furnaces
Location
- County Cook
- Directions to Property Located On The Northeast Corner Of Dickens And Lavergne.
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Property Taxes
- Tax 16837
- Parcel Identification Number 13332190170000
Listed by: Essex 312, LLC | Phone: 773.305.4858
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/30/2026 9:02 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 Craigin
A Chicago community spawned from a burst of manufacturing and industry, Cragin is transforming into a family-friendly residential neighborhood with modest homes, landscaped yards and tree-filled parks. On the dining front is a throng of different cuisines. Get your pizza and burrito fix on the same street, or pop in for a Polish sausage or Asian noodle dish a few doors down from each other. Cragin's nightlife is limited to a few neighborhood watering holes, but that seems to be enough to satisfy the local clientele. Regulars like to gather at the Polish bars which you can't miss with names like Rzeszowska Club and Stokrotka Lounge. Cragin's Polish heritage is seen throughout the community in the independent booksellers, video stores, bakeries and gift shops.
Read More About Cragin...
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