4136 W Palmer St

Chicago, IL 60639

$1,075,000
Price
10
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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a view of a building
a view of a brick house with a potted plant and a window
a living room with lots of furniture and kitchen view
a view of a dining room with furniture and wooden floor
a view of a dining room with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a living room with furniture and wooden floor
a kitchen with granite countertop a refrigerator a stove a dining table and chairs with wooden floor
a bathroom with a sink a toilet and bathtub
a bedroom with a bed and a window
a bedroom with a large bed and a large window
a bedroom with a bed and a window
a kitchen with stainless steel appliances granite countertop a refrigerator stove top oven and sink
a kitchen with stainless steel appliances granite countertop a stove microwave and sink
a kitchen with stainless steel appliances granite countertop a stove top oven a sink and a refrigerator
a view of a kitchen sink
a bathroom with a sink a toilet and shower
a living room with furniture and a flat screen tv
a living room with furniture wooden floor and a large window
a bedroom with a bed and a window
a large bed sitting in a bedroom next to a window
a kitchen with stainless steel appliances granite countertop a refrigerator a stove a sink a dining table and chairs with wooden floor
a kitchen with granite countertop a sink and cabinets
a stove top oven sitting inside of a kitchen and stainless steel appliances
a bathroom with a sink a toilet and shower
a living room with furniture and a flat screen tv
a bedroom with a large bed and a large window
a kitchen with stainless steel appliances a refrigerator and a wooden floor
a living room with furniture and a wooden floor
a bathroom with a sink and a toilet
a large bed sitting in a bedroom next to a window
a view of a chairs and table in the patio
a picture of a park
a bathroom with a shower

Description

Compelling cash-flow investment featuring $108,000+ annual rental income from annual leases to strong-credit tenants, $80,500 NOI, 7.5 cap rate, and 9.95 GRM at asking price. Turnkey all-brick asset offering additional upside through furnished rentals, laundry, garage, and parking income. Located just west of Logan Square, this well-maintained Chicago apartment building sits in a stable residential setting surrounded by well-kept single-family homes and benefits from consistent rental demand. Just...Compelling cash-flow investment featuring $108,000+ annual rental income from annual leases to strong-credit tenants, $80,500 NOI, 7.5 cap rate, and 9.95 GRM at asking price. Turnkey all-brick asset offering additional upside through furnished rentals, laundry, garage, and parking income. Located just west of Logan Square, this well-maintained Chicago apartment building sits in a stable residential setting surrounded by well-kept single-family homes and benefits from consistent rental demand. Just two blocks from the Healy Metra station and the Fullerton bus line, providing convenient commuter access and strong tenant appeal. The property has been substantially improved in recent years and offers an attractive blend of updated interiors and preserved vintage character. EVERY unit features fully updated kitchens and baths consistent with the property photos, along with stainless steel appliances, granite countertops, refinished hardwood flooring, original stained-glass accents, and quality woodwork throughout. Capital improvements include tuckpointing, newer individually controlled forced-air furnaces, central air systems, updated hot water heaters, and other key mechanical upgrades. Additional value is provided through on-site coin laundry, 2-car garage, private parking pad, and ample free street parking. The building offers a total of 10 bedrooms and 6 bathrooms across the property. Well-positioned investment property with immediate cash flow, strong in-place income, and continued upside potential.
  1. Listed by Travis Bjork • Real 1 Realty
    P: (847)-361-9722 travis@renovationbrothersinc.com

Property Details for 4136 West Palmer Street

Area
CHI - Hermosa
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 04/26/2026 04:23 AM

Property Details for 4136 West Palmer Street

StatusActive
MLS #12621822
Days on Market47
Taxes$8,682 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1923
Lot Size0.08 AC / 3,484 SF
CountyCook County
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Location

Listing Courtesy of Real 1 Realty
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Building Information for 4136 West Palmer Street

Stories-Residences4Year Built1923Building Size-Lot Size0.08 AC / 3,484 SF

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$6,137 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,413

Property Taxes

$724

HOA Dues

$0

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Property Information for 4136 West Palmer Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 0
  • Bedrooms Total: 10
  • Bedrooms (Below Grade): 0
  • Basement Type: Finished, Full
  • Bedrooms Possible: 10
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2017
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 31X125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: None
  • North Coordinate: 2200
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 4136
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-04-17T18:35:53
  • Photos Count: 35
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 0

Property History for 4136 West Palmer Street

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

MRED #12621822

$1,075,000—
Jun 3, 2022

Cancelled

MRED #11240924

$950,000—
Apr 14, 2022

Listed (Active)

MRED #11240924

—
DateEvent & SourcePrice
04/17/2026

Listed (Active)

MRED #12621822

$1,075,000
06/03/2022

Cancelled

MRED #11240924

$950,000
04/14/2022

Listed (Active)

MRED #11240924

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4136 West Palmer Street

Taxable ValueLand$5,546Additions$28,691Total$34,237
Tax Record2019$6,212 ($518 / month)
Home Facts
Baths3Total Finished SqFt3,348 SqFtAbove Grade Finished SqFt3,348 SqFtStories2Lot Size3,825 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN13-34-213-043

Schools near 4136 West Palmer Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Nixon Elementary School
Public - PK to 6
Kelvyn Park High School
Public - 7 to 12
Pritzker College Prep
Charter - 9 to 12
Marine Leadership Academy - Ames
Public - 7 to 12
Rating
School
Distance
Nixon Elementary School
PublicPK to 6

Kelvyn Park High School
Public7 to 12

Pritzker College Prep
Charter9 to 12

Marine Leadership Academy - Ames
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4136 West Palmer Street, Chicago, IL 60639

4136 West Palmer Street is a multi-family home for sale in Chicago, IL 60639. This property was listed for sale on April 17, 2026 by Real 1 Realty, it's currently listed at $1,075,000. It has been on the market for a total of 47 days and was last sold on January 20, 2016. This listing's school district is Chicago Public Schools. Nearby schools include Nixon Elementary School, Kelvyn Park High School and Pritzker College Prep. 4136 West Palmer Street is a 10-bed, 6-bath, multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real 1 Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/26/2026 04:23 AM. 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.