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Listing provided courtesy of Horvath & Tremblay IL, LLCMREDas Distributed by MLSGrid- MLS# 12657419MLS Provider

4035 S Richmond StreetChicago, IL 60632

Commercial · 7 Beds · 0.07 Acres
$899,000 Active

4035 S Richmond Street Overview

Time on Site:
34 days
Visits:
0

BRIGHTON PARK - FOR SALE: 7-unit multifamily property featuring a great unit mix consisting of two (3BD/1BA) units, two (2BD/1BA) units, two (1BD/1BA) units, and one studio unit. The property generates strong rental income and currently grossing $96,420 in annually. All units are equipped with individual furnaces and individual water heaters. Located in the excellent rental market of the Brighton Park neighborhood, this is a solid investment opportunity with stable income potential.

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4035 S Richmond Street Facts & Features

  • Type Commercial
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 250
  • Fuel Expense: 0
  • Gross Income: 96420
  • Insurance Expense: 6377
  • Maintenance Expense: 3500
  • Net Operating Income: 63327
  • Operating Expense: 30196
  • Trash Expense: 2000
  • Water Sewer Expense: 2400

Building Information

  • Year Built: 1924

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Brighton Park

Tax Information

  • Tax Annual Amount: $9,993.18
  • Tax Year: 2024

General Information

  • Parcel Number: 19011190010000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 118x29

General Information

  • Number Of Units Total: 7

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 2

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

4035 S Richmond Street Neighborhood

Community

60632 (Chicago) Demographics

31
Median Age
11,593
Population Density (per sq. mile)
16%
College Educated
$46,937
Estimated Median Income
13,824
Estimated Total Home Owners
11,346
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4035 S Richmond Street Monthly Cost

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$
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Marc Churchill
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4035 S Richmond Street Market Data

Based on the last 30 days in this zip code

$356,042
Average List Price
$254
Average Price per Square Foot
16
Properties Sold
60
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

4035 S Richmond Street History

Date Event Value Agent
5/31/2026Source: MRED Status Change
Active
5/26/2026Source: MRED Added to Database
May 26, 2026