29
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$515,000
$475,000 8.4%
Est. payment /mo
4 Beds
2 Baths
Sold on 09/04/2026
4950 W Gunnison ST Chicago, IL 60630
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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12698253
Sold Date 09/04/26
Bedrooms 4
Year Built 1911
Annual Tax Amount $6,491
Tax Year 2024
Lot Dimensions 125.8 x 32
Property Sub-Type Two to Four Units
Property Description
Situated on an extra wide lot in a premier location of Jefferson Park, this turnkey 2 flat presents an extraordinary opportunity for investors, multi-generational living, or house hackers - live in one unit and generate income leasing the other unit! Both bright and airy apartments feature 2 bedrooms with walk-in closets, 1 bath, tall ceilings, formal living and dining rooms, charming breakfast nooks, and a private 1st floor deck. Enjoy total peace of mind with key recent updates, including newer furnaces (2024), a brand new 2nd floor water heater (2026), and a modernized 2nd floor kitchen with updated cabinets, counter top, backsplash and faucet (2023). An enclosed rear staircase connects both levels to a massive unfinished basement and attic, offering value add potential for a duplex-up expansion or a single family conversion. Outside, a fully fenced landscaped yard leads to a 2 car garage offering additional storage or rental potential. Ideally positioned near Beaubien Elementary district, the Blue Line, Metra stations, bus routes, I-90/94, multiple forest preserves, many grocery stores, and neighborhood favorites like Gale Street Inn and Westons Coffee & Tap Co., this versatile property delivers unbeatable convenience, flexible living options, and immediate income potential!
Location
State IL
County Cook
Area Chi - Forest Glen
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tiffany Razo of Compass
Bought with Deborah Hess of Compass
Bought with Deborah Hess of Compass