4801 Grove St Skokie, IL 60077
Southwest Skokie NeighborhoodEstimated payment $8,070/month
Highlights
- Corner Lot
- Laundry Room
- Hot Water Heating System
- Niles North High School Rated A+
- Central Heating
About This Home
Exceptional multi-family property in the heart of Skokie, featuring five spacious 2-bedroom units, each thoughtfully designed with a separate living room, kitchen, dining area, & two bedrooms. Units feature kitchens with solid wood cabinetry & contemporary fixtures. Plenty of storage with coat closet, linen closet & pantry in each unit. Copper piping installed throughout building. Common area hallway floors recently sanded & stained with new carpeting installed. Basement with coin laundry, storage lockers, boiler, hot water tank & office. Two year old tear off roof, new gutters, Rain Bird sprinkler system. 5 exterior parking spaces. Beautifully landscaped. Walking distance to Skokie Swift & minutes to Old Orchard & I-94. With long-term tenants ensuring stable occupancy and tremendous potential for rent growth and property appreciation, this is a rare opportunity you don't want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,917
Year Built
- Built in 1953
Lot Details
- Lot Dimensions are 57 x 113
- Corner Lot
- Additional Parcels
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Laundry Room
Utilities
- Window Unit Cooling System
- Central Heating
- Hot Water Heating System
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $468
- Fuel Expense $3,118
- Insurance Expense $4,597
- Trash Expense $654
- Water Sewer Expense $1,566
- Operating Expense $27,320
- Gross Income $79,140
- Net Operating Income $51,820
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/19/2025 06/19/25 | For Sale | $1,250,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12396309

APN: 10-16-423-021
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