4840 W WABANSIA Avenue, Chicago, IL 60639 | MLS #12687470 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Real Broker LLCMREDas Distributed by MLSGrid- MLS# 12687470MLS Provider

4840 W WABANSIA AvenueChicago, IL 60639

Multi-Family · 4 Beds
$485,000 Active

4840 W WABANSIA Avenue Overview

Time on Site:
5 days
Visits:
0

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!

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4840 W WABANSIA Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1921

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Austin
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $5,968.16
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13334170340000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2.5

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full, Walk-Out Access
  • Heating: Natural Gas
  • Rooms Total: 13

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Detached
  • Parking Total: 2.5

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 34X125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

4840 W WABANSIA Avenue Neighborhood

Community

60639 (Chicago) Demographics

35
Median Age
18,147
Population Density (per sq. mile)
20%
College Educated
$51,810
Estimated Median Income
12,979
Estimated Total Home Owners
12,828
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4840 W WABANSIA Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4840 W WABANSIA Avenue Market Data

Based on the last 30 days in this zip code

$496,366
Average List Price
$256
Average Price per Square Foot
14
Properties Sold
54
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

4840 W WABANSIA Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022