4407 W 53rd Street, Chicago IL 60632
Property Description
Exceptional investment opportunity! This fully legal 3-unit multifamily building features 3-bedroom,2 full bathroom units, each thoughtfully designed for comfortable living. Every unit offers a generous layout with private full kitchens, in-unit laundry hookups, and ample natural light throughout. Each unit is individually metered with separate gas and electric meters, ensuring straightforward tenant billing and maximum income potential. With 2 full bathrooms per unit, this property is perfect for shared living arrangements, ideal for rental income. Property includes an off-street parking available in the back and a drive way. Whether you're a savvy investor looking to expand your portfolio or a buyer interested in owner-occupying one unit while generating rental income from the others, this property offers exceptional flexibility and long-term upside. Conveniently located near Midway Airport, Stevenson X-way, and CTA Orange Line. Recent upgrades include a 2022 roof replacement, new A/C units in 2011, new back wood fence and newer concrete gangway, new carpet, new boilers and new appliances. Act now for a solid investment!
Features & Information
Key Details
- List Price $660,000
- Property Taxes $9,344
- Year Built 2004
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 5
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $1,700/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 01/27
-
Unit 2
- Floor 2
- Rooms 5
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Dishwasher, Microwave
- Rent $1,550/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 09/26
-
Unit 3
- Floor 3
- Rooms 5
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator
- Rent $1,550/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 10/26
Exterior Features
-
Parking
- # of Cars: 6
Building Information
- Number of Units 3
- Age of Building 21-25 Years
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Archer To Kostner, South To 53rd Street, West To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 9344.31
- Tax Year 2024
- Parcel Identification Number 19103250360000
Listed by Karla Boccelli for RE/MAX Mi Casa | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/18/2026 8:32 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 Archer Heights
A working-class neighborhood near Midway International Airport, Archer Heights has seen an increase in the number of manufacturing and transportation facilities within its borders over the years. The community has recently grown in popularity as Midway Airport has undergone major renovations, becoming a welcome alternative to busy O'Hare International Airport. The changes have prompted fresh interest in Archer Heights, and an influx of new residents is giving this family-oriented neighborhood a much more cosmopolitan feel. Corner delis and markets, a smattering of bars and restaurants, and a couple big box shopping outlets along 47th Street, Pulaski Road and Archer Avenue provide all the conveniences of city living. Still, backyard barbecues and neighborly chats over the fence are commonplace here, and are one of the reasons Archer Heights residents stick around for years.
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