4948-58 W Dickens Avenue, Chicago, IL 60639 | MLS #12656102 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Essex 312, LLCMREDas Distributed by MLSGrid- MLS# 12656102MLS Provider

4948-58 W Dickens AvenueChicago, IL 60639

Commercial · 6 Beds
$1,815,000 Active

4948-58 W Dickens Avenue Overview

Time on Site:
37 days
Visits:
0

4948-58 W. Dickens Ave., a well-cared-for 11-unit apartment property featuring a large corner brick building, a recently paved private parking lot, and a coach house. The Subject Property is comprised of four (4) 3 Bed/1 Bath, five (5) 2 Bed/1 Bath, and two (2) 1 Bed/1 Bath units. Unit finishes feature hardwood floors, a mix of granite and laminate countertops, stainless steel or white appliances, individually furnaced heat and window air conditioning. The property also features a common laundry room and a five (5) car private parking lot. The ideal unit mix offers meaningful rental upside in its current condition. The Belmont Cragin submarket has experienced substantial rent growth, particularly over the past five years, as the neighborhood has broadened its tenant appeal. Demand has increasingly been driven by a younger renter demographic priced out of nearby neighborhoods, alongside the long-standing working-class residents who have historically defined the community. As outlined in the rent comparables included in the offering, similar units have recently achieved rents up to approximately 15 percent above the subject property's current rent levels. ASSUMABLE DEBT AVAILABLE AT 4.38 percent MATURING 8/1/2032 Freddie Mac SBL loan serviced by Key Bank

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4948-58 W Dickens Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 5500
  • Electric Expense: 1338
  • Fuel Expense: 0
  • Gross Income: 186600
  • Insurance Expense: 7590
  • Maintenance Expense: 5500
  • Net Operating Income: 112994
  • Operating Expense: 72582
  • Trash Expense: 5037
  • Water Sewer Expense: 13069

Building Information

  • Year Built: 1847

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Belmont Cragin

Tax Information

  • Tax Annual Amount: $16,837.00
  • Tax Year: 2024

General Information

  • Parcel Number: 13332190170000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 6310 SF
  • Lot Size Square Feet: 6310

General Information

  • Number Of Units Total: 11

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: 2
  • Baths Total: 1
  • Units Total: 5

Unit 3 Details

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

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

4948-58 W Dickens Avenue Neighborhood

Community

60639 (Chicago) Demographics

35
Median Age
18,147
Population Density (per sq. mile)
20%
College Educated
$51,810
Estimated Median Income
12,979
Estimated Total Home Owners
12,828
Estimated Total Renters
50% / 50%
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.

4948-58 W Dickens Avenue 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.

4948-58 W Dickens Avenue Market Data

Based on the last 30 days in this zip code

$496,366
Average List Price
$256
Average Price per Square Foot
14
Properties Sold
54
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

4948-58 W Dickens Avenue History

Date Event Value Agent
5/27/2026Source: MRED Status Change
Active
5/23/2026Source: MRED Added to Database
May 23, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022