4533 Elm Avenue, Brookfield, IL 60513

• 11 beds |
• 5 baths

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:19AM

Listing Office:

HomeSmart Connect LLC : 224-323-3099

Listing Agent:

Ana Novakovic : 224-323-3099

MLS ID:

12695230

Interior

• Rooms: Utility Room-Lower Level
• Master Bath: Separate ShowerDouble SinkSoaking Tub
• Basement: FinishedFullWalk-Out Access
• Heating: Natural GasBaseboard

Exterior

• General: Balcony
• Style: Other
• Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 4

Construction

• Roofing: Asphalt
• General: OtherConcrete Perimeter

Location

• HOA Amenities: SidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 103
• County: Cook

Lot

• Zoning: MULTI18034140320000

Utilities

• Water: Lake Michigan
• Sewer: Public SewerOverhead Sewers

Financial

• Source: mred
• Ownership: Fee Simple