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Listing provided courtesy of RE/MAX Mi CasaMREDas Distributed by MLSGrid- MLS# 12606295MLS Provider

4400-4402 S HONORE CrestChicago, IL 60609

Commercial
$650,000 Active

4400-4402 S HONORE Crest Overview

Time on Site:
77 days
Visits:
1

Excellent investment opportunity in the New City area! This mixed-use property offers strong income potential with 8 residential units plus 1 storefront, providing multiple streams of revenue. The building features a desirable unit mix, including two 4-bedroom units, one 5-bedroom unit, one 3-bedroom unit, and four 2-bedroom units, appealing to a wide range of tenants. Most apartments have been updated, and each unit is equipped with separate heat and electric, helping to reduce owner expenses and simplify management. The storefront is currently vacant, creating a great opportunity for an owner-user to start a business or lease for additional income. The property is well-maintained and currently occupied by long-term tenants, with rents below market value, offering significant upside potential for increased cash flow. No leases in place provide added flexibility for future plans. Conveniently located near major streets, public transportation, and local amenities. A solid opportunity for investors looking to build equity and maximize returns in a growing area. *FULL UNFINISHED BASEMENT*

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4400-4402 S HONORE Crest Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 72000
  • Gross Scheduled Income: 72000
  • Insurance Expense: 2823
  • Trash Expense: 2400
  • Water Sewer Expense: 4800

Building Information

  • Year Built: 1909

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - New City
  • Township: Lake

Tax Information

  • Tax Annual Amount: $15,997.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20064070220000
  • Possible Use: Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 50X125
  • Lot Size Square Feet: 5800

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 9

4400-4402 S HONORE Crest Neighborhood

Community

60609 (CHICAGO) Demographics

34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4400-4402 S HONORE Crest Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4400-4402 S HONORE Crest Market Data

Based on the last 30 days in this zip code

$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

4400-4402 S HONORE Crest History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$650,000 -3.7%
5/27/2026Source: MRED Status Change
Price Change
5/26/2026Source: MRED Status Change
Active
5/21/2026Source: MRED Price Reduction
$650,000 -3.7%
5/21/2026Source: MRED Status Change
Price Change
5/4/2026Source: MRED Status Change
Active
4/29/2026Source: MRED Status Change
Price Change
4/19/2026Source: MRED Status Change
Active
4/18/2026Source: MRED Status Change
Active
4/14/2026Source: MRED Added to Database
April 14, 2026
4/13/2026Source: MRED Added to Database
April 13, 2026