4935 Louise Street

Skokie, IL 60077

$570,000
Last Sold Price
9
Beds
3
Baths
4,650 Sq. Ft.
$123 / Sq. Ft.
4,650
Sq. Ft.
$123
per Sq. Ft.

Description

Incredible/rare opportunity to own this extra wide all brick multifamily trophy building sitting on an oversized 40' wide lot on a beautiful tree lined street ideally located walking distance to downtown skokie, oakton community college, parks, shops, restaurants and minutes from expressway perfect for owner occupant w/rental income or investor looking for stable cash flow with tons of upside featuring 3 huge 1,550 sqft 3 bed / 1 bath apartments w/huge living areas + separate dining rooms, tall ceilings...Incredible/rare opportunity to own this extra wide all brick multifamily trophy building sitting on an oversized 40' wide lot on a beautiful tree lined street ideally located walking distance to downtown skokie, oakton community college, parks, shops, restaurants and minutes from expressway perfect for owner occupant w/rental income or investor looking for stable cash flow with tons of upside featuring 3 huge 1,550 sqft 3 bed / 1 bath apartments w/huge living areas + separate dining rooms, tall ceilings & abundant natural light including a 2018 renovated condo quality penthouse w/shaker/s/s/quartz kitchen, new stone bath, central heat/air, private laundry, new flooring & custom closets; all units incl newer s/s appliances, large wraparound kitchens, updated baths, hardwood floors (units 2&3) throughout; meticulously maintained envelope w/full tuckpointing (2020-21) & new roof (2017); newer windows; h20 (2019); tons of value add options incl 4th unit potential w/unfinished lower level w/great ceiling height and 2 egresses; common yard & 3-car brick garage!

Listing Agents

  1. Mario Greco

    Mario Greco

    Listing Agent

    Compass

  2. Cyrus Seraj

    Cyrus Seraj

    Alternative Listing Agent

    Compass

Property Details for 4935 Louise Street

Area
Skokie
Township
Niles
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Hot Water/Steam, Radiant, Sep Heating Systems - 2+, Indv Controls
Zoning
MULTI

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Sold By Illinois Real Estate Partners

Add your commute
LISTING UPDATED: 01/23/2022 02:03 AM

Property Details for 4935 Louise Street

StatusClosed
MLS #11278874
Days on Market52
Taxes$16,082 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built-
Lot Size0.11 AC / 5,000 SF
CountyCook County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Sold By Illinois Real Estate Partners

Add your commute

Building Information for 4935 Louise Street

Stories-Residences3Year Built-Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$4,451 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,111

Property Taxes

$1,340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4935 Louise Street

General Information
School Information
  • Elementary School District: 69
  • Elementary School: Madison Elementary School
  • Jr High Middle School: Lincoln Junior High School
  • High School District: 219
  • High School: Niles West High School
  • Middle Or Junior School District: 69
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Soaking Tub
  • Basement Type: Full, English
  • Bedrooms Possible: 9
  • Basement Description: Unfinished, Exterior Access
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Foyer
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Porch, Storms/Screens, Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2018
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Description: Common Grounds
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 40X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 4
  • Document Date: 2021-12-01T17:52:54
  • Photos Count: 33
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: 3D Tour
Multi Family
Income & Expenses
  • Electric Expense: $445.00
  • Fuel Expense: $3,000.00
  • Gross Income: $56,220.00
  • Insurance Expense: $1,917.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Water Expense Source: Actual
  • Net Operating Income: $33,877.00
  • Water Sewer Expense: $900.00
Unit 1
  • Unit Type Actual Rent: $1,435.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM

Property History for 4935 Louise Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4935 Louise Street

Taxable ValueLand$6,448Additions$49,552Total$56,000
Tax Record2022$17,457 ($1,455 / month)
Home Facts
Baths4Total Finished SqFt4,890 SqFtAbove Grade Finished SqFt4,890 SqFtStories3Lot Size4,960 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN10-28-208-002

Schools near 4935 Louise Street

This home is within Skokie School District 69.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicPK to 2

Thomas Edison Elementary School
PublicPK to 5

Lincoln Jr High School
Public6 to 8

Niles Central
Public9 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

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.