$550,000

4862 W Cortland Street, Chicago, IL 60639

  • 6 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

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!

Listing Status:
Active
Data Last Updated:
April 17, 2026 at 7:20PM
Listing Office:
Compass : 773-457-3272
Listing Agent:
Alfredo Gonzalez : 773-457-3272
MLS ID:
12601347
  • Basement: UnfinishedFullWalk-Out Access
  • Heating: Natural Gas
  • Parking: Alley AccessYesOwnedParking spaces: 5
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI13334070210000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Alfredo Gonzalez , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Lloyd Elementary School

2103 N Lamon Ave, Chicago, IL, 60639

Grades KG-5

0.28 miles away

N

Northwest Middle School

5252 W Palmer St, Chicago, IL, 60639

Grades 6-8

0.64 miles away

N

Noble St Charter-Itw Speer Academy

5321 W Grand Ave, Chicago, IL, 60639

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby