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4533 Elm Ave

Brookfield IL 60513

11
5
4
Multi-Family
Currently for sale - view listing

Overview

Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring an additional garden/in-law unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income (over $9000 a month) and a proven history of reliable, long-term tenants who consistently on time with their rent. The property consists of a spacious 3-bedroom unit renting for $1,900/month, a 1-bedroom unit renting for $1,350/month, two 2-bedroom units renting for $1,700/month and $1,750/month, and a lower-level 3-bedroom garden/in-law unit currently rented for $1,800/month. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. Tenants are responsible for their own electric service, while other utilities are paid by ownership. Detailed operating expenses and income estimates are available upon request through the listing agent. Recent improvements including a brand-new commercial washer and dryer, newer flooring in select units, newer windows updated A/C units and newer HVAC. Property management is familiar with the building and tenants and is willing to remain in place, providing a seamless transition for a new owner. Whether you are looking to expand your investment portfolio or acquire a stable, income-generating asset with upside potential, this property is a must-see. Schedule your private showing today.

Features

11 bedrooms
5 bathrooms
4 carspaces
4 garage spaces
Multi-Family

Property history for 4533 Elm Ave

2025
Sold
$775,000
06 Jan 2025 by Ana Novakovic, of Homesmart Connect LLC
2015
Sold
$425,000
25 Nov 2015 by Robert Polston, of Berkshire Hathaway HomeServices American Homes

Happy sellers in Brookfield

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We have insufficient information to provide an overview of customer satisfaction for Brookfield. Viewing the agent profiles, reviews and sales for Brookfield can provide insights for this location.

Local market activity for 11 bedroom multi families in Brookfield

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