Seller's Agent in 2026
Kris Maranda
@ Properties
(630) 699-2211
2 in this area
233 Total Sales
4342 Warren Ave Hillside, IL 60162
--
Bed
--
Bath
3,580
Sq Ft
6,080
Sq Ft Lot Lot
Highlights
- Corner Lot
- Central Heating
- Baseboard Heating
About This Home
As of May 2026Turnkey all-brick 12-unit multifamily investment opportunity in Hillside! Offered as a portfolio, 4338 & 4342 Warren Ave consists of two well-maintained 6-flat buildings, each featuring an ideal unit mix of five spacious 2-bedroom units and one 1-bedroom unit, supporting strong and consistent tenant demand. The property is fully occupied and delivers dependable in-place cash flow from day one. This is truly a pride-of-ownership asset, meticulously maintained and thoughtfully improved, making it a rare turnkey opportunity with minimally deferred maintenance. Major capital improvements include new tear-off roofs with 50-year shingles, over 100 new windows, updated electrical panels, high-efficiency boilers, newer water heaters, sump pumps, and LED lighting throughout. 10 of the 12 units have been renovated with attractive modern finishes, including luxury vinyl plank flooring, refinished hardwood floors, updated kitchens, and upgraded fixtures. Exterior improvements include a brand-new parking lot (2024), tuckpointed brick, new gutters and downspouts, fascia upgrades, and a secure dumpster enclosure. Additional amenities include on-site laundry with Speed Queen machines, dedicated parking, private patio area, monitored security camera system, and convenient access to public transportation, parks, and local amenities. Significantly reduced real estate taxes further enhance the property's return and overall cap rate potential. This is a rare chance to acquire a fully stabilized, high-performing multifamily portfolio asset with strong current income, pride of ownership, and long-term upside. Seller prefers to sell 4338 & 4342 Warren Ave together as a portfolio. MLS ID 12603897
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475128964 Listed on: 03/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,079
Year Built
- Built in 1962
Lot Details
- 6,080 Sq Ft Lot
- Corner Lot
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,580 Sq Ft Home
- 3-Story Property
- Fire Suppression System
Utilities
- Window Unit Cooling System
- Central Heating
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, hot water
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $732
- Fuel Expense $2,976
- Insurance Expense $3,800
- Maintenance Expense $1,500
- Other Expense $1,600
- Trash Expense $700
- Water Sewer Expense $2,600
- Operating Expense $32,287
- Gross Income $96,000
- Net Operating Income $63,713
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2026 05/15/26 | Sold | $1,600,000 | +100.0% | $447 / Sq Ft | |
| 04/09/2026 04/09/26 | Pending | -- | -- | -- | |
| 03/30/2026 03/30/26 | For Sale | $800,000 | +66.7% | $223 / Sq Ft | |
| 04/30/2019 04/30/19 | Sold | $480,000 | -3.0% | -- | View Prior Sale |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- | |
| 12/18/2018 12/18/18 | For Sale | $495,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,042 | $17,054 | $2,102 | $14,952 |
| 2024 | $19,042 | $46,145 | $3,234 | $42,911 |
| 2023 | $20,444 | $46,145 | $3,234 | $42,911 |
| 2022 | $20,444 | $43,650 | $2,793 | $40,857 |
| 2021 | $20,925 | $45,604 | $2,793 | $42,811 |
| 2020 | $20,192 | $45,604 | $2,793 | $42,811 |
| 2019 | $18,194 | $38,141 | $2,499 | $35,642 |
| 2018 | $17,613 | $38,141 | $2,499 | $35,642 |
| 2017 | $16,708 | $38,141 | $2,499 | $35,642 |
| 2016 | $14,864 | $33,286 | $2,205 | $31,081 |
| 2015 | $14,266 | $33,286 | $2,205 | $31,081 |
| 2014 | $14,340 | $34,052 | $2,205 | $31,847 |
| 2013 | $12,434 | $32,513 | $2,205 | $30,308 |
Source: Public Records
Agents Affiliated with this Home
-
Kris Maranda
-
Bane Simic
Buyer's Agent in 2026
Bane Simic
Pivot Properties Inc
(847) 293-4626
1 in this area
21 Total Sales
-
P
Seller's Agent in 2019
Patrick Jage
Sterling Realty & Prop Mgt LLC
-
Simon Kowalski
S
Buyer's Agent in 2019
Simon Kowalski
Castle Realty Plus
(630) 205-6966
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12604766
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 4338 Warren Ave
- 4405 Butterfield Rd
- 449 N Jackson Blvd
- 512 50th Ave
- 505 47th Ave
- 4530 Butterfield Rd
- 509 Granville Ave
- 443 Granville Ave
- 319 49th Ave
- 5201 Oak St
- 748 N Rohde Ave
- 341 Iroquois Rd
- 4208 Oak St
- 768 N Rohde Ave
- 241 48th Ave
- 1508 Speechley Blvd
- 3925 Adams St
- 1447 Speechley Blvd
- 348 Frederick Ave
- 1456 N Rohde Ave
Your Personal Tour Guide
Ask me questions while you tour the home.