4407 W 53rd St Chicago, IL 60632
Archer Heights NeighborhoodEstimated payment $4,400/month
About This Home
Exceptional investment opportunity! This fully legal 3-unit multifamily building features 3-bedroom,2 full bathroom units, each thoughtfully designed for comfortable living. Every unit offers a generous layout with private full kitchens, in-unit laundry hookups, and ample natural light throughout. Each unit is individually metered with separate gas and electric meters, ensuring straightforward tenant billing and maximum income potential. With 2 full bathrooms per unit, this property is perfect for shared living arrangements, ideal for rental income. Property includes an off-street parking available in the back and a drive way. Whether you're a savvy investor looking to expand your portfolio or a buyer interested in owner-occupying one unit while generating rental income from the others, this property offers exceptional flexibility and long-term upside. Conveniently located near Midway Airport, Stevenson X-way, and CTA Orange Line. Recent upgrades include a 2022 roof replacement, new A/C units in 2011, new back wood fence and newer concrete gangway, new carpet, new boilers and new appliances. Act now for a solid investment!
Listing Agent
RE/MAX Mi Casa Brokerage Phone: (773) 306-5700 License #475122712 Listed on: 08/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,344
Year Built
- Built in 2004
Lot Details
- Lot Dimensions are 36 x 132
- Paved or Partially Paved Lot
- Additional Parcels
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Parking
- 6 Parking Spaces
- Parking Available
- Driveway
- On-Street Parking
- Off-Street Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Sump Pump
- Shed
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $68 | $258 | $258 | |
| 2024 | $68 | $258 | $258 | |
| 2023 | $67 | $322 | $322 | |
| 2022 | $67 | $322 | $322 | $0 |
| 2021 | $65 | $322 | $322 | $0 |
| 2020 | $72 | $322 | $322 | $0 |
| 2019 | $65 | $322 | $322 | $0 |
| 2018 | $64 | $322 | $322 | $0 |
| 2017 | $63 | $289 | $289 | $0 |
| 2016 | $58 | $289 | $289 | $0 |
| 2015 | $53 | $289 | $289 | $0 |
| 2014 | $51 | $273 | $273 | $0 |
| 2013 | $50 | $273 | $273 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/16/2026 08/16/26 | Pending | -- | -- | -- | |
| 08/12/2026 08/12/26 | For Sale | $660,000 | +11.9% | -- | |
| 05/10/2024 05/10/24 | Sold | $590,000 | 0.0% | -- | View Prior Sale |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- | |
| 04/10/2024 04/10/24 | For Sale | $590,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $590,000 | Stewart Title | |
| Warranty Deed | $220,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12730908
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Ask me questions while you tour the home.