Listing provided courtesy of 4 Sale Realty Advantage LLCMREDas Distributed by MLSGrid- MLS# 12517106MLS Provider

4950 Greenwood StreetSkokie, IL 60077

Commercial · 4 Beds · 6,925 Sq. ft. | 0.08 Acres
$1,750,000 Active

4950 Greenwood Street Overview

Time on Site:
228 days
Visits:
7

Rarely Available and Well Maintained Six Unit Multifamily Apartment Building in Skokie! Four Large 3-Br Units with Two Huge 1-Br Garden Units! Tenant Mix of Long Term and New Tenants in the Building. Majority of All Kitchens and Bathrooms Have Been Updated. Landlord Pays for Heat and Water. Tenants Pay for Their Cooking Gas and Electric. 3-Br Units Have 1 and a 1/2 Bathrooms. Private Off Street Parking for Tenants, Storage Sheds, and Coin Laundry Facilities On A Month to Month Contract. Walk to Yellow Line Train and Bus Station. Minutes to I-94 Edens Expressway, Endeavor Hospital, Shopping, Schools, and Much More! Ideal for Owner Occupied Unit!

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4950 Greenwood Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,925
  • Price/Sq.ft. $253
  • Lot 0.08 Acres

Details

General

Income/Expenses

  • Other Expense: 500
  • Electric Expense: 554
  • Fuel Expense: 3098
  • Gross Income: 13500
  • Gross Scheduled Income: 137990
  • Insurance Expense: 4866
  • Maintenance Expense: 2633
  • Net Operating Income: 105133
  • Operating Expense: 32857
  • Trash Expense: 402
  • Water Sewer Expense: 1931

Building Information

  • Year Built: 1957

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Skokie
  • Township: Niles

Rent/Lease Information

  • Tenant Pays: Electricity, Other

Tax Information

  • Tax Annual Amount: $18,423.00
  • Tax Year: 2023

General Information

  • Parcel Number: 10164200190000
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 6925

General Information

  • Basement: Unfinished
  • Cooling: Window Unit(s)
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: 120x57
  • Lot Size Square Feet: 3600

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

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

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 4

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

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

4950 Greenwood Street Neighborhood

Community

60077 (SKOKIE) Demographics

42
Median Age
6,868
Population Density (per sq. mile)
52%
College Educated
$67,273
Estimated Median Income
6,481
Estimated Total Home Owners
3,703
Estimated Total Renters
64% / 36%
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.

4950 Greenwood Street Monthly Cost

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* 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.

4950 Greenwood Street Market Data

Based on the last 30 days in this zip code

$455,523
Average List Price
$317
Average Price per Square Foot
21
Properties Sold
39
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4950 Greenwood Street History

Date Event Value Agent
11/19/2025Source: MRED Status Change
Active
11/14/2025Source: MRED Added to Database
November 14, 2025