4533 Elm AVE, Brookfield, IL 60513
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4533 Elm AVE, Brookfield, IL 60513
Karen Arenson
Karen Arenson

Advisor License ID: 471.000309

+1(773) 501-6201

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$ 870,000

$ 895,000 2.8%

Est. payment /mo
Sold on 08/24/2026

4533 Elm AVE Brookfield, IL 60513

11 Beds

5 Baths

UPDATED:

Key Details

Sold Price $870,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12695230

Sold Date 08/24/26

Style Other

Bedrooms 11

Year Built 1973

Annual Tax Amount $16,647

Tax Year 2024

Lot Dimensions 58X149

Property Sub-Type Two to Four Units

Property Description

MULTIPLE OFFERS RECEIVED, deadline for all offers is July 8th. Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring finished basement/in-law as a part of a duplex unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income and a proven history of reliable, long-term tenants who consistently on time with their rent. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. Tenants are responsible for their own electric service, while other utilities are paid by ownership. Detailed operating expenses and income estimates are available upon request through the listing agent. Recent improvements including a brand-new commercial washer and dryer, newer flooring in select units, newer windows updated A/C units and newer HVAC. Property management is familiar with the building and tenants and is willing to remain in place, providing a seamless transition for a new owner. Whether you are looking to expand your investment portfolio or acquire a stable, income-generating asset with upside potential, this property is a must-see. Schedule your private showing today.

Location

State IL

County Cook

Area Brookfield

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Baseboard

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 4.0

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Landscaped

Building Description Brick, No

Sewer Public Sewer, Overhead Sewers

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

High Schools Lyons Twp High School

School District 103 , 103, 204

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ana Novakovic of  HomeSmart Connect LLC 
Bought with Oleg Baliuk of KOMAR

NEARBY SCHOOLS & PROPERTIES

Karen Arenson

Karen Arenson

Advisor License ID: 471.000309

+1(773) 501-6201

GET MORE INFORMATION

Name
Phone*
Message

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4533 Elm AVE