4337 N. Cicero Ave. | 4722 W. Pensacola Ave.

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Address: 4337 N Cicero Ave, Chicago, IL 60641, USA

Chicago & Midwest + Apartment Buildings

Created date: October 26, 2026

Date last updated: October 26, 2026

Price: $650,000Investment Analyzer NEW!

Oversized 69.92' x 125' B1-1 zoned lot at a highly visible Portage Park corner along N. Cicero Avenue
Existing 6‑unit configuration: four 1‑bed/1‑baths, one studio, plus a 1‑bed/1‑bath coach house—all currently vacant and ready for redevelopment
By‑right zoning supports neighborhood retail at grade with apartments above, allowing three (3) legal dwelling units on the 8,740 SF parcel

Property Description

Introducing an exceptional investment opportunity – a prime Multifamily / Low-Rise/Garden property located in the heart of Chicago, IL. This well-maintained 8,532 SF building, constructed in 1954, comprises 6 units, presenting a lucrative income potential for savvy investors. Zoned B1-1, this property offers versatility and development opportunities. Its sought-after location ensures easy access to urban conveniences and transportation. With a strong rental history and excellent occupancy rates, this property stands as a testament to enduring value and potential for future growth. Don't miss out on the chance to add this standout asset to your portfolio in the thriving Chicago market.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$650,000
No. of Units:	6
Year Built:	1954
Lot Size:	0.20 Acres
Opportunity Zone:	No
Price per unit:	$108,333
Property Website	Click Here

Address: 4337 N. Cicero Ave. | 4722 W. Pensacola Ave., Chicago, IL 60641, USA

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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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