
4537 S Evans Ave Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $7,478/month
About This Home
Don't miss this new construction 4-unit property situated on an extra-deep lot with 4 private parking spaces. Each unit features modern finishes including quartz countertops, integrated appliances, engineered hardwood floors, and in-unit laundry-designed for both style and function. First Floor: Two 2-bedroom, 2-bath units Second & Third Floors: Two 3-bedroom, 2-bath units Perfect opportunity to live in one unit and rent the rest or add a high-performing asset to your portfolio. With an 8 projected cap rate, this property offers strong cash flow, low maintenance, and long-term value. Brand-New 4-Unit Building | CAP Rate 8 | Ideal for Investment or Owner-Occupancy
Open House Schedule
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Sunday, August 31, 202512:00 to 2:00 pm8/31/2025 12:00:00 PM +00:008/31/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,477
Year Built
- Built in 2025 | New Construction
Parking
- 4 Parking Spaces
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 8 Bathrooms
Additional Features
- 3-Story Property
- Lot Dimensions are 24x170
- Heating System Uses Natural Gas
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $12,561 | $71,000 | $14,364 | $56,636 |
2023 | $1,439 | $59,339 | $6,977 | $52,362 |
2022 | $1,439 | $6,977 | $6,977 | $0 |
2021 | $1,407 | $6,976 | $6,976 | $0 |
2020 | $1,554 | $6,976 | $6,976 | $0 |
2019 | $1,402 | $6,976 | $6,976 | $0 |
2018 | $1,378 | $6,976 | $6,976 | $0 |
2017 | $1,060 | $4,924 | $4,924 | $0 |
2016 | $1,151 | $5,745 | $5,745 | $0 |
2015 | $1,053 | $5,745 | $5,745 | $0 |
2014 | $914 | $4,924 | $4,924 | $0 |
2013 | $896 | $4,924 | $4,924 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | For Sale | $1,349,900 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $720,000 | Altima Title | |
Special Warranty Deed | $80,000 | Greater Illinois Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $400,000 | New Conventional | |
Previous Owner | $455,250 | Construction |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12447574

APN: 20-03-420-012-0000
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