4840 W WABANSIA Avenue, Chicago, IL 60639

• 5 beds |
• 3 baths

Property Description

Don't miss this opportunity to own a beautifully maintained 2-unit building in Chicago's sought-after North Austin neighborhood. Offering the perfect blend of owner-occupant appeal and investment potential, this property presents an excellent opportunity to generate rental income while building long-term equity. The owner-occupied SECOND FLOOR unit has been meticulously maintained and thoughtfully updated, offering a bright, open-concept layout with hardwood floors, recessed lighting, modern fixtures, and in-unit laundry. The updated kitchen features quartz countertops, custom cabinetry, stainless steel appliances, and ample storage, while the spacious living and dining areas provide the perfect setting for everyday living and entertaining. The beautifully renovated bathroom showcases contemporary finishes and a spa-like walk-in shower, adding to the unit's overall appeal. Both units offer 2 bedrooms, 1 bathroom, formal living and dining rooms, hardwood floors, and enclosed rear porches that provide valuable additional storage space. Separate mechanical systems, including individual furnaces, water heaters, electrical panels and thermostats, add convenience and flexibility. You will also appreciate the expansive finished basement with a private entrance, adding significant usable space to the property. The basement features a large recreation area, separate bedroom/office room, full bathroom, and generous storage. This versatile space offers tremendous flexibility for tenant amenities, a home office, fitness area, recreation room, guest accommodations, or additional storage, enhancing both the property's functionality and long-term value. Outside, you'll find a fenced backyard designed for both relaxation and entertaining. The impressive 2.5-car garage features a double overhead door and substantial attic storage above, while the attached covered patio area creates the perfect outdoor gathering space. Complete with a ceiling fan and ample room for seating, grilling, and entertaining, it's an ideal spot to enjoy summer cookouts, family get-togethers, or simply unwind outdoors. Conveniently located just steps from the Grand/Cicero Metra station and close to grocery stores, restaurants, local shops, public transportation and everyday conveniences, this property offers both value and accessibility. Schedule your private tour today!

Listing Status:

Pending

Data Last Updated:

July 24, 2026 at 7:18AM

Listing Office:

Real Broker LLC : 312-877-7729

Listing Agent:

Gregorio Morales : 312-877-7729

MLS ID:

12687470

Interior

• Rooms: Enclosed Porch
• Basement: FinishedFullWalk-Out Access
• Heating: Natural Gas

Exterior

• Parking: Garage Door OpenerGarageYesGarage OwnedDetachedParking spaces: 2

Construction

• Roofing: Flat

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI13334170340000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple