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4053 N Mobile Ave
Multi-Family
New
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$599,000

4053 N Mobile Ave, Chicago

49% below median
11 bd·7 ba·0 sqft
Built 191613,738 sqft lotPortage Park

4053 N Mobile Ave, Chicago, IL

11 bd · 7 ba · 0 sqft Multi-Family listed at $599,000, built in 1916 in the Portage Park neighborhood.

About this home

Rare opportunity to acquire a unique multi-building property on an oversized 13,738 SF lot in Chicago's Portage Park neighborhood. The asset consists of a front 2 unit building and rear building with 4 apartments and attached two car garage. Rear building offers a large 3bd 2ba owners unit with a private yard. Parking for 5 cars in front of the lot. Situated on a quiet, tree-lined street near Six Corners, the property benefits from strong rental demand, easy access to public transportation, and proximity to neighborhood retail and amenities. Ideal for investors seeking a redevelopment or long-term hold opportunity with multiple exit strategies. Very unique property with strong value add potential.

Property details

Price
$599,000
Bedrooms
11
Bathrooms
7
Year built
1916
Lot size
13,738 sqft
Type
Multi-Family
Days on market
30
Est. property tax
$12,459/yr · $1,038/mo · 2.08% IL avg
Last sold
$450,000 · Feb 2018

Estimated monthly payment

Down payment20% ($119,800)
Interest rate6.75%
Principal & Interest$3,108
Property Tax$549
Insurance$150
Total$3,807/mo

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Price history

$620K$492K$364K$385K on May 02 (Sold)$489K on Apr 10 (Initial list)$469K on May 10 (Price change)$469K on Jan 11 (Price change)$535K on May 14 (Initial list)$535K on Oct 14 (Price change)$529K on Jan 15 (Initial list)$519K on Apr 15 (Price change)$519K on Jun 15 (Price change)$500K on Jul 15 (Initial list)$519K on Jul 15 (Price change)$500K on Jul 15 (Price change)$498K on Aug 15 (Price change)$490K on Aug 15 (Price change)$490K on Aug 15 (Price change)$470K on Sep 15 (Price change)$470K on Oct 15 (Price change)$470K on Oct 15 (Price change)$460K on Oct 15 (Price change)$460K on Nov 15 (Price change)$450K on Jan 16 (Sold)$450K on Feb 18 (Sold)$599K on Mar 26 (Initial list)
$385K · May 02$599K · Mar 26
  1. Mar 26, 2026$599,000Initial list price
  2. Feb 2, 2018$450,000Sold
  3. Jan 21, 2016$450,000Sold
  4. Nov 6, 2015$459,500Price change
  5. Oct 27, 2015$459,500Price change
  6. Oct 8, 2015$469,500Price change
  7. Oct 2, 2015$469,777Price change
  8. Sep 19, 2015$469,900Price change
  9. Aug 25, 2015$489,900Price change
  10. Aug 11, 2015$489,950Price change
  11. Aug 4, 2015$497,777Price change
  12. Jul 15, 2015$499,977Price change
  13. Jul 1, 2015$518,977Price change
  14. Jul 1, 2015$499,900Initial list price
  15. Jun 2, 2015$518,977Price change
  16. Apr 10, 2015$519,000Price change
  17. Jan 15, 2015$529,000Initial list price
  18. Oct 30, 2014$535,000Price change
  19. May 1, 2014$535,000Initial list price
  20. Jan 26, 2011$469,000Price change
  21. May 13, 2010$469,000Price change
  22. Apr 16, 2010$489,000Initial list price
  23. May 13, 2002$385,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 4053 N Mobile Ave, Chicago
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Home Intelligence

Neighborhood (zip 60634)

This neighborhood is predominantly owner-occupied (74%). Median age is 41.2; 18% hold a bachelor's degree; median household income is $82,771.

Median income
$82,771
Median age
41.2
Owner-occupied
73.9%
Bachelor's degree
17.6%
Census median home value
$321,200

Source: US Census Bureau American Community Survey 5-year estimates.

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