$550,000
 $2,953 est/mo Sourced by Back At You

4862 W Cortland Street,Chicago, IL 60639

Chicago, IL 60639

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Description

Exceptional investment opportunity in the heart of Chicago's desirable Cragin neighborhood! This spacious multi-family property offers approximately 2,540 sq ft of living space on a generous 6,300 sq ft lot, making it ideal for both investors and owner-occupants. Featuring 6 bedrooms and 2 bathrooms, this classic building provides ample space for rental income, multi-generational living, or a value-add renovation project. Built in the early 1900s, the property retains its solid structure while offering the opportunity to modernize and increase equity. The home includes a full unfinished basement, and attic perfect for storage or future finishing, and sits on a wide lot with room for outdoor space or parking enhancements. Located on a residential street, the property benefits from a walkable location with access to public transportation, schools, and local amenities. Whether you're looking to generate rental income, house hack, or renovate and resell, this property delivers strong potential in a stable Chicago market where multi-unit properties remain in high demand. Click on Virtual Tour for PICS!

Details

MLS #12601347
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1903
Days On Site133
Listing Provided ByCompass | Alfredo Gonzalez

Features

Bed(s)6
Bath(s)2
BasementY
ZoningMULTI

Interior

Rooms Total10
HeatingNatural Gas

Exterior

Construction MaterialsVinyl Siding, Frame

Parking

Parking FeaturesAlley Access, Yes, Owned

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount6774.33

Area Information

StateIL
CountyCook
CityChicago
Zip Code60639
AreaCHI Belmont Cragin
School DistrictForeman High School
Elementary SchoolLloyd Elementary School
High SchoolForeman High School
Listing VS Median (in 60639)
Price:
$550,000
low | high
Med:
$389,999
79.091090909091% of Average
On site:
133
low | high
Med:
17
100% of Average
Sourced by Back At You

Market Activity 60639

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Contact

Learn More About This Property

Cora Coonich

Cora Koren Coonich

Daniel and Associates Real Estate

475161422 (630) 808-2994cora@daare.com
StateIL
CountyCook
CityChicago
Zip Code60639
AreaCHI Belmont Cragin
School DistrictForeman High School
Elementary SchoolLloyd Elementary School
High SchoolForeman High School
Listing VS Median (in 60639)
Price:
$550,000
low | high
Med:
$389,999
79.091090909091% of Average
On site:
133
low | high
Med:
17
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $412K - $687K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4821 W Cortland Street Property Photo 1
$4,250,000
4821 W Cortland Street
Chicago, IL 60639
4821 W Cortland Street Property Photo 1
$1,995,000
4821 W Cortland Street
Chicago, IL 60639
Listing Updated: July 30, 2026 at 8:40:11 AM PDT