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$ 550,000
Est. payment /mo
New
4862 W Cortland ST Chicago, IL 60639
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12601347
Bedrooms 6
Year Built 1903
Annual Tax Amount $6,774
Tax Year 2024
Lot Dimensions 50X126
Property Sub-Type Two to Four Units
Property 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!
Location
State IL
County Cook
Area Chi - Belmont Cragin
Zoning MULTI
Rooms
Basement Unfinished, Full, Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Frame, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Frame
New Construction false
Schools
Elementary Schools Lloyd Elementary School
High Schools Foreman High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alfredo Gonzalez of Compass
Nearby School & Business