4533 Elm Avenue
Brookfield, Illinois 60513

New / MLS #12695230 / Multiple Unit (2-4) / Brookfield
Listing information updated 7/3/2026 at 6:43pm
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 Office: HomeSmart Connect LLC

Listing Office Phone: 847.495.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/3/2026 at 6:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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4533 Elm Avenue, Brookfield, IL 60513 is a multiple unit (2-4) currently listed at $895,000. 4533 Elm Avenue features 11 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since July 3rd, 2026 and was built in 1973. Nearby schools include Lyons Twp High School. The nearest transit stops include Congress Park Metra Metra BNSF Railway line.