4386 Woodland Ave Western Springs, IL 60558
Old Town North NeighborhoodEstimated payment $5,414/month
Highlights
- Deck
- 2-minute walk to Western Springs Station
- Heating System Uses Steam
- John Laidlaw Elementary School Rated A
- Balcony
About This Home
In the heart of Western Springs' beloved Old Town neighborhood-just steps from the town's most popular restaurants, shops, and the train-this one-of-a-kind multi-unit building stands out with architectural charm reminiscent of the French Quarter in New Orleans. Fully rented with three happy tenants under lease, the property offers immediate income in a highly desirable location. The building has seen thoughtful improvements over the years, including the addition of a one-bedroom garden unit in 2016, basement waterproofing and new sump pumps in 2018, and extensive redecorating with fresh paint and repairs in 2019. A new roof was installed, along with electrical updates, newer garage doors, and refreshed kitchens and bathrooms throughout. In 2022, a new boiler was installed and the heat and water are zoned to allow (long term) for separate billing to each tenant, and the second-floor unit was updated with new kitchen appliances. Concrete work was completed in 2025 along with a full replacement of the south side fence. All three units feature updated kitchens with granite countertops and newer cabinetry, along with modernized bathrooms and access to two sets of in-building washer and dryer units. This is a rare opportunity to own a well-maintained, income-generating property in one of Western Springs' most walkable and charming neighborhoods.
Listing Agent
Berkshire Hathaway HomeServices Chicago License #475188392 Listed on: 07/01/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,451
Year Built
- Built in 1955
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50x133
Parking
- 3 Car Garage
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Outdoor Features
- Balcony
- Deck
Schools
- John Laidlaw Elementary School
- Mcclure Junior High School
- Lyons Twp High School
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Steam
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $2,500
- Trash Expense $1,500
- Water Sewer Expense $2,000
- Net Operating Income $44,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | For Sale | $849,000 | +123.4% | -- |
09/01/2015 09/01/15 | Sold | $380,000 | -5.0% | $215 / Sq Ft |
07/23/2015 07/23/15 | Pending | -- | -- | -- |
06/26/2015 06/26/15 | Price Changed | $399,900 | -3.4% | $227 / Sq Ft |
03/12/2015 03/12/15 | Price Changed | $414,000 | -2.8% | $235 / Sq Ft |
09/22/2014 09/22/14 | For Sale | $426,000 | -- | $241 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12406664

APN: 18-06-410-017
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