$1,720,000
SOLD MAR 6, 2025

4905 Louise St Skokie, IL 60077

Southwest Skokie Neighborhood
-- Bed
-- Bath
-- Sq Ft
1956 Built

Recently Sold

7% Below List Price

36 Days on Market

About This Home

As of March 2025

Location, location, location!! Come check out this 12-unit, corner, apartment building walking distance to downtown Skokie. It is comprised of (9) 1-beds / 1-bath & (3) 2-beds / 1-bath. It offers 12-surface parking spaces, on-site laundry and storage for each unit. The building has been well-maintained, the roof is approximately 10-years old, newer hot water heater and older, but well functioning boiler with copper plumbing. The units interior are vintage and the rents are well below market. Walking distance to the CTA-Yellow Line stop and just east of the Interstate. Please reach out to listing agent for full offering memorandum (OM).

Last Agent to Sell the Property

Kelsey Zurweller

Horvath & Tremblay IL, LLC License #475205364

Co-Listed By

John Preston

Horvath & Tremblay IL, LLC License #475188524

Last Buyer's Agent

Kelsey Zurweller

Horvath & Tremblay IL, LLC License #475205364

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,227

Year Built

  • Built in 1956

Additional Features

  • 3-Story Property
  • Lot Dimensions are 90x120
  • Heating System Uses Gas

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $864
  • Fuel Expense $7,273
  • Insurance Expense $5,950
  • Maintenance Expense $6,000
  • Trash Expense $1,524
  • Water Sewer Expense $4,571
  • Operating Expense $50,169
  • Gross Income $150,240
  • Net Operating Income $95,439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,227

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1956
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1850000

Utilities

  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 1524
  • Water Sewer Expenses: 4571
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 90X120

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 95439
  • Fuel Expense: 7273
  • Insurance Expense: 5950
  • ElectricExpense: 864
  • GrossIncome: 150240
  • Maintenance Expense: 6000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 50169
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 23227
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $1,720,000 -7.0% --
11/29/2024 11/29/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $1,850,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12208279

Midwest Real Estate Data (MRED)

Illinois Cook County Skokie 60077 Southwest Skokie

4905 Louise St, Skokie, IL

Homes for Sale in Skokie, IL

This home is located at 4905 Louise St, Skokie, IL 60077 and is currently priced at $1,720,000. This property was built in 1956. 4905 Louise St is a home located in Cook County with nearby schools including Madison Elementary School, Thomas Edison Elementary School, and Lincoln Junior High School.

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