4862 W Cortland Street
Chicago, IL, 60639
$550,000
6 Beds
2 Baths
0 SqFt
0 Acres
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$550,000
4862 W Cortland Street
Chicago, IL, 60639
MLS #MRD12601347 image #0MLS #MRD12601347 image #1MLS #MRD12601347 image #2MLS #MRD12601347 image #3MLS #MRD12601347 image #4MLS #MRD12601347 image #5MLS #MRD12601347 image #6MLS #MRD12601347 image #7MLS #MRD12601347 image #8MLS #MRD12601347 image #9MLS #MRD12601347 image #10MLS #MRD12601347 image #11MLS #MRD12601347 image #12MLS #MRD12601347 image #13MLS #MRD12601347 image #14MLS #MRD12601347 image #15MLS #MRD12601347 image #16MLS #MRD12601347 image #17MLS #MRD12601347 image #18MLS #MRD12601347 image #19MLS #MRD12601347 image #20MLS #MRD12601347 image #21MLS #MRD12601347 image #22MLS #MRD12601347 image #23MLS #MRD12601347 image #24MLS #MRD12601347 image #25MLS #MRD12601347 image #26MLS #MRD12601347 image #27MLS #MRD12601347 image #28MLS #MRD12601347 image #29MLS #MRD12601347 image #30MLS #MRD12601347 image #31MLS #MRD12601347 image #32MLS #MRD12601347 image #33MLS #MRD12601347 image #34MLS #MRD12601347 image #35MLS #MRD12601347 image #36MLS #MRD12601347 image #37MLS #MRD12601347 image #38MLS #MRD12601347 image #39MLS #MRD12601347 image #40MLS #MRD12601347 image #41MLS #MRD12601347 image #42MLS #MRD12601347 image #43MLS #MRD12601347 image #44MLS #MRD12601347 image #45
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!

Property Details

Price:
$550,000
MLS #:
MRD12601347
Status:
Active Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
Apr 13, 2026
Year Built:
1903
Chi – Belmont CraginChibelmontcraginLloyd Elementary SchoolForeman High School

Schools

School District:
299
Elementary School:
Lloyd Elementary School
High School:
Foreman High School

Interior

Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding, Frame
Parking Features
Alley Access, Yes, Owned
Parking Spots
5
Parking Total
5

Financial

Tax Year
2024
Taxes
$6,774
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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 Jun 30, 2026
1,430
Multi Family Listed
80
Avg DOM
$526,280
Avg List Price

Community

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Property Summary

    4862 W Cortland Street Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $550,000 To schedule a showing of MLS#mrd12601347 at 4862 W Cortland Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4862 W Cortland Street
Chicago, IL