4862 W Cortland Street Chicago, IL $ 550,000
4862 W Cortland Street
$ 550,000
Recently Listed
Open House 4/19 11am - 1:30pm
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4862 W Cortland Street

Chicago, IL, 60639
$ 550,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Chicago, IL

for $550,000 with 6 bedrooms and 2 full baths. This home was built in 1903.

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!

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Open House

4/19/2026 11:00 AM - 1:30 PM
4862 W Cortland Street Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 550,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,733

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12601347

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Negotiable Tenant's Rights
Zoning MULTI
Construction Materials Vinyl Siding Frame
Year Built 1903
Township Jefferson
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions NORTH ON CICERO WEST ON CORTLAND TO PROPERTY
High School Foreman High School
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Elementary School Lloyd Elementary School
Tax Annual Amount 3733
Additional Parcels Y/N N
Virtual Tour https://real.vision/4862-west-cortland-street?o=u
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full Walk-Out Access
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Alley Access Yes Owned
Water Source Public
Total Parking 5
Lot Dimensions 50X126
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

alfredo_gl@sbcglobal.net;Alfredo.Gonzalez@Compass.com

Email

Affordability Calculator

$3,698
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$311
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5267020 Elementary School
566846 Middle School
Foreman High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$550,000 Listed Price

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4862 W Cortland Street, Chicago, IL, 60639 is a Multi-Family Home for sale at $550,000. 4862 W Cortland Street has 6 bedrooms, 2.0 baths, and was built in 1903. The property's zip code is 60639 which is in Chicago, IL