Listing provided courtesy of The Leading Realtors Corp.MREDas Distributed by MLSGrid- MLS# 12668401MLS Provider

4150-4158 S Western AvenueChicago, IL 60609

Commercial · 5 Beds
$2,415,000 Active

4150-4158 S Western Avenue Overview

Time on Site:
25 days
Visits:
0

Exceptional investment opportunity in the heart of Bridgeport! This offering consists of 10 residential units located within four side-by-side newer-construction, four-story mixed-use buildings in one of Chicago's most sought-after and rapidly growing neighborhoods. Each unit has separate PIN number! The first-floor commercial spaces are not included in the sale but may be acquired as a package deal separately for an additional purchase price. Nine of the ten residential units are currently leased, providing immediate income and strong in-place cash flow. Since acquisition, all units have been extensively renovated and updated, creating a true turnkey investment with minimal deferred maintenance and significant appeal to today's renters. The unit mix includes FOUR spacious 3-bedroom, 2-bath apartments and SIX well-appointed 2-bedroom, 2-bath apartments, all featuring functional floor plans, modern finishes, and contemporary living spaces designed to maximize tenant satisfaction and retention. Additional amenities include rear parking accommodations, along with abundant unrestricted street parking for residents and guests. Ideally situated near public transportation, major expressways including I-55, shopping, dining, parks, and neighborhood amenities, this property offers investors the rare opportunity to acquire a stabilized, income-producing asset in a proven rental market with strong long-term growth potential. Whether expanding an existing portfolio or completing a 1031 exchange, this well-maintained multifamily asset represents a compelling combination of location, cash flow, and upside potential in one of Chicago's most established and desirable neighborhoods. Rents should be higher!

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4150-4158 S Western Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 500
  • Electric Expense: 300
  • Fuel Expense: 0
  • Gross Income: 13350
  • Gross Scheduled Income: 178200
  • Insurance Expense: 1450
  • Maintenance Expense: 1000
  • Net Operating Income: 128496
  • Operating Expense: 49704
  • Trash Expense: 200
  • Water Sewer Expense: 4200

Building Information

  • Year Built: 2009

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Brighton Park
  • Township: Lake

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $41,854.27
  • Tax Year: 2024

General Information

  • Parcel Number: 19012151731002
  • Property Type: Commercial Sale

Interior

General Information

  • Cooling: Central Individual
  • Electric: Separate Meters, Service - 101 to 200 Amps
  • Stories: 4

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 100 x 125

General Information

  • Number Of Units Total: 10

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 2
  • Units Total: 4

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 2
  • Units Total: 6

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

4150-4158 S Western Avenue 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.

4150-4158 S Western Avenue Monthly Cost

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* 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.

4150-4158 S Western Avenue 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

4150-4158 S Western Avenue History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/4/2026Source: MRED Added to Database
June 04, 2026