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4136 W Palmer Street

Chicago, IL 60639

4136 W Palmer Street, Chicago, IL 60639 — exterior front view
4136 W Palmer Street, Chicago, IL 60639 — exterior view
4136 W Palmer Street, Chicago, IL 60639 — exterior view

4136 W Palmer Street

Chicago, IL

$1,049,000

ActiveMLS #MRD12621822

4136 W Palmer Street

Chicago, IL 60639

$1,049,000

Reduced $26,000

List Price

10

Bedrooms

6

Bathrooms

About This Property

Compelling cash-flow investment featuring $108,000+ annual rental income from annual leases to strong-credit tenants, $80,500 NOI, 7.5 cap rate, and 9.95 GRM at asking price. Turnkey all-brick asset offering additional upside through furnished rentals, laundry, garage, and parking income. Located just west of Logan Square, this well-maintained Chicago apartment building sits in a stable residential setting surrounded by well-kept single-family homes and benefits from consistent rental dem...

Property Details

Key Facts

Overview
Property TypeResidential Income
Bedrooms10
Bathrooms6
Days on Market97
Building
StyleOther
Year Built1923
Lot Size0.08 Acres
CountyCook
HeatingNatural Gas
BasementFinished, Full
Garage Spaces2
ExteriorBrick
Garage Spaces2
Parking Spaces2
WaterPublic
SewerPublic Sewer
Lot Size0.08 Acres
Lot Dimensions31X125
MLS #MRD12621822
Days on Market97
List DateApril 17, 2026
StatusActive
Annual Taxes$8,682
Listing Courtesy OfReal 1 Realty

Price reduced

$1,049,000

$26,000

Jul 22, 2026

Listed for sale

MLS #MRD12621822

$1,075,000

Apr 17, 2026

Mortgage Estimate

$6,028

/month
Principal & Interest
$5,304
Property Taxes
$724
20% · $209,800
6.5%

Location

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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