4840 W WABANSIA Avenue
Chicago, IL, 60639
$485,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$485,000
4840 W WABANSIA Avenue
Chicago, IL, 60639
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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!

Property Details

Price:
$485,000
MLS #:
MRD12687470
Status:
Pending
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Jun 24, 2026
Year Built:
1921
Chi – AustinChiaustin

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Garage Spaces
2.5
Parking Features
Garage Door Opener, Garage, Yes, Garage Owned, Detached
Parking Spots
25
Parking Total
2.5
Roof
Flat

Financial

Tax Year
2024
Taxes
$5,968
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jul 27, 2026
1,351
Multi Family Listed
88
Avg DOM
$519,073
Avg List Price

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Property Summary

    4840 W WABANSIA Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $485,000 To schedule a showing of MLS#mrd12687470 at 4840 W WABANSIA Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4840 W WABANSIA Avenue
Chicago, IL