4862 W Cortland Street, Chicago, IL 60639
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: alfredo gonzalez
Office: compass
MLS#:12601347
Source:MLSNI
Price summary
- Price:$550,000
About this home
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!...
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Home facts
- Year built:1903
- Listing ID #:12601347
- Updated:April 25, 2026 at 11:03 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1903
Schools
- High school:Foreman High School
- Elementary school:Lloyd Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Tax amount:$6,774 (2024)
Parking
- Total parking spaces:5
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