$585,500
PENDING

10640 S Walden Pkwy Chicago, IL 60643

Beverly Neighborhood

Estimated payment $3,682/month

Total Views 2,104
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • 1-minute walk to 107Th Street Station (Rock Island Line)
  • 4-minute walk to Barnard Park Playground
  • Multiple Water Heaters
  • Paved or Partially Paved Lot

About This Home

Well maintained Beverly 4-unit building is just steps from the Metra train station and walking distance of restaurants and shops on Western Avenue. This fully occupied building features (4) 1Bed/1 Bath units, all of which have updates. The units are currently leased at below-market rates to long-term tenants, making this property a stable cash flow investment that will provide long-term financial security for the new owner. Recent updates include a new roof (2014), tuckpointing (2022), new coin-operated laundry (2025), and four new furnaces (2022/2024). Each unit is equipped with individual central heat/ac, and water heater. Tenants are responsible for their own electric and gas. Note that there are four street parking spaces directly in front of the building, which are used by the tenants without any issues.

Listing Agent

Julie Norris

McHugh Development & Construction INC License #475141626 Listed on: 09/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,080

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 124x45
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near a park

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $500
  • Fuel Expense $1,500
  • Insurance Expense $3,250
  • Professional Management Expense $2,500
  • Water Sewer Expense $1,800
  • Gross Income $32,400
  • Net Operating Income $15,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,080

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 2500
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Storage Space, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Sump Pump, Multiple Water Heaters
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • Room: 4

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 585500
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 124x45
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 15770
  • Fuel Expense: 1500
  • Insurance Expense: 3250
  • ElectricExpense: 500
  • GrossIncome: 32400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7080
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $585,500 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12435792

Midwest Real Estate Data (MRED)

APN: 25182060650000