4988 N Elston Avenue
Chicago, IL, 60630
$1,185,000
8 Beds
5 Baths
0 SqFt
0 Acres
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$1,185,000
4988 N Elston Avenue
Chicago, IL, 60630
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Fantastic investment opportunity for live-in owners or investors alike! This unique and extremely well-loved property is on the market for the first time! This extra large Mayfair three-flat, with four floors of living space, offers an amazing duplex-up owner’s suite–complete with a private rooftop deck and two income-producing units below! These lifetime owners did the legwork to change the zoning, so the well-appointed garden unit can either be a business or residential unit. The elevated first floor unit boasts stunning original woodwork and hardwood floors, three bedrooms, two full bathrooms, and an all stainless steel kitchen. The second floor owner’s suite is the real star of the show! All three units have dishwashers, central air, and dedicated laundry downstairs, but the top-floor suite also has in-unit laundry for owner use. Unit two has tons of natural light, charm to boot, and features a charming spiral staircase from one bedroom to another, flexible layout potential, extra storage, and a full bath on both floors. This property is the perfect combination of well-preserved original charm and smart updates like: fresh paint throughout, newer windows, updated kitchens and baths, updated mechanicals, a fenced yard, and an extra tall 2-car garage off the extra-wide alley. This location is super convenient and offers easy access to the Metra, Foster & Lawrence buses, 90/94, and it’s close to Target, Starbucks, L.A. Fitness, Gompers Park, forest preserves, and more! See the video walk-through of the owner’s suite! Tour this one-of-a-kind home in a quiet location!

Property Details

Price:
$1,185,000
MLS #:
MRD12673400
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Neighborhood:
chialbanypark
Listed Date:
Jun 22, 2026
Year Built:
1909
Chi – Albany ParkChialbanypark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick, Frame
Exterior Features
Lighting
Fencing
Fenced
Garage Spaces
2
Lot Features
Landscaped
Parking Features
Garage Door Opener, Garage, Yes, Garage Owned, Detached
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$5,151
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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 Oct 03, 2026
1,409
Multi Family Listed
76
Avg DOM
$528,885
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    4988 N Elston Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60630. It is listed for $1,185,000 To schedule a showing of MLS#mrd12673400 at 4988 N Elston Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4988 N Elston Avenue
Chicago, IL