4948-58 W Dickens Avenue
Chicago, IL, 60639
$1,815,000
6 Beds
3 Baths
0 SqFt
0 Acres
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MLS #MRD12656102 image #0
4948-58 W. Dickens Ave., a well-cared-for 11-unit apartment property featuring a large corner brick building, a recently paved private parking lot, and a coach house. The Subject Property is comprised of four (4) 3 Bed/1 Bath, five (5) 2 Bed/1 Bath, and two (2) 1 Bed/1 Bath units. Unit finishes feature hardwood floors, a mix of granite and laminate countertops, stainless steel or white appliances, individually furnaced heat and window air conditioning. The property also features a common laundry room and a five (5) car private parking lot. The ideal unit mix offers meaningful rental upside in its current condition. The Belmont Cragin submarket has experienced substantial rent growth, particularly over the past five years, as the neighborhood has broadened its tenant appeal. Demand has increasingly been driven by a younger renter demographic priced out of nearby neighborhoods, alongside the long-standing working-class residents who have historically defined the community. As outlined in the rent comparables included in the offering, similar units have recently achieved rents up to approximately 15 percent above the subject property’s current rent levels. ASSUMABLE DEBT AVAILABLE AT 4.38 percent MATURING 8/1/2032 Freddie Mac SBL loan serviced by Key Bank

Property Details

Price:
$1,815,000
MLS #:
MRD12656102
Status:
Active
Beds:
6
Baths:
3
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
May 22, 2026
Year Built:
1847
Chi – Belmont CraginChibelmontcragin

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Schools

Interior

Exterior

Stories
3

Financial

Maintenance Fee
$5,500
Net Operating Income
$112,994
Tax Year
2024
Taxes
$16,837

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 20, 2026
915
Commercial Listed
186
Avg DOM
$993,027
Avg List Price

Property Summary

    4948-58 W Dickens Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $1,815,000

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4948-58 W Dickens Avenue
Chicago, IL