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!
Listed By
Agency Name: Compass
Agency Phone: 773-598-7388
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimated Payment
$ 3,252.60 per month $2,781.10 Principal & Interest $311.08 Property Tax $160.42 Homeowner's Insurance
4862 W Cortland Street | MLS# 12601347
This multi-family property located at 4862 W Cortland Street, Chicago, IL 60639 is currently listed for sale with an asking price of $550,000. W Cortland Street is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.