Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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9 Properties Within 0.5 miles of: 4840 W Wabansia, Chicago
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4840 W Wabansia
Chicago, IL 60639

  • 5 Beds
  • Built In 1921
Price

$485,000

Est Payment
$2,942 / month (details)  
Taxes
$5,968  
Beds
5  
Rooms
13  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
34X125  
Built
1921  
Neighborhood
North Austin  
MLS
#12687470
Status
Active (1 day)

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 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 oversized 2-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!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Garage Door Opener, Garage, Yes, Garage Owned, Detached
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-24-2026 Listed at $485,000
Last Modified 6/24/26 7:04 PM

Nearby Transportation

  • Bus 54 0.1 mi
  • Bus 72 0.2 mi
  • Bus 65 0.2 mi
  • Bus 73 0.4 mi
  • Bus 57 0.4 mi
  • Bus 70 0.6 mi
  • Bus 74 0.9 mi
  • Bus 85 0.9 mi
  • Bus 53 1.1 mi
  • Bus 66 1.1 mi
  • Milwaukee West 0.2 mi
  • I 90 East 2.7 mi
  • I 94 East 2.7 mi
  • I 290 West 2.7 mi
  • I 90 West 2.7 mi
  • I 94 West 2.7 mi
  • I 290 East 2.7 mi
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