4988 N Elston Avenue
Chicago, IL, 60630 $ 1,250,000
Bedrooms8 Baths5.0 Monthly Estimate*
$ 7,696
for $1,250,000 with 8 bedrooms and 5 full baths. This home was built in 1909.
First time to market! This extra large Mayfair three-flat is not only in pristine condition, but it also has an amazing two-floor owner's suite complete with a private rooftop deck! These owners did the legwork to change the zoning to "mixed-use" for the most income potential! As a result, the well-appointed garden unit can either be a business or residential unit, but it is perfectly equipped to be residential with its own private entrance! The elevated first floor unit boasts stunning original woodwork and hardwoods, three bedrooms, two full bathrooms, and an all stainless steel kitchen. The second floor unit is a duplex-up owner's suite, offering the perfect arrangement for an owner-occupied investment property or a high-income rental unit. The second floor unit has potential for four bedrooms, with one bedroom currently serving as the owners' closet. The top floor family room/potential bedroom has it's own private entrance off the beautifully maintained rear stairwell, as well as a charming spiral staircase from the bedroom below. The real star of the show is the gorgeous, private roof deck with unobstructed, West-facing views! All three units have dishwashers, central air, and dedicated laundry downstairs, but the top-floor suite also has in-unit laundry in the upstairs bathroom. There is additional storage with easy access on the top floor for holiday decor, camping gear, etc. This property has truly been exceptionally maintained by the lifetime owners, including weekly landscaping. Red brick exterior, well-preserved woodwork, updated windows, updated kitchens and baths, a fenced yard, and an extra tall 2-car garage off the extra-wide alley. There's so much charm, quality, and history in this fantastic property! These longtime live-in landlords are ready for their next chapter, and now it's your turn to live in a one-of-a-kind property with the best bones! Easy access to the Metra, Foster & Lawrence buses, 90/94, and close to Target, Starbucks, L.A. Fitness, Gompers Park, forest preserves, and more! See the video walk-through of the owner's suite!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Negotiable
Zoning OTHER
Garage Spaces 2
Construction Materials Vinyl Siding Brick Frame
Year Built 1909
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions From Lawrence Ave heading West Turn Right on Elston heading Northwest. Property is on your left before Foster. From Foster heading West turn Left/Southwest onto Elston property is on your right.
City Chicago
High School District 299
MLS Area CHI - Albany Park
Tax Annual Amount 3254.23
Additional Parcels Y/N N
Virtual Tour https://drive.google.com/file/d/1AQp9IBthR8ESjDhoWJ48DAaVwnpbngTf/view?usp=sharing
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Exterior Entry Daylight
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Bathroom Separate Shower
Full Baths Building 5
Half Baths Building 0
Total Number of Units 3
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ExteriorExterior Amenities Lighting
Parking Features Garage Door Opener Garage Yes Garage Owned Detached
Lot Features Landscaped
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 3100 sq ft
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Sump Pump Multiple Water Heaters Security Cameras Water Heater-Gas
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* Excluded FeaturesList Byjenny.l.delaney@gmail.com;Jenny.L.Delaney@Gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,696
- Monthly Property Taxes
- $271
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $624,891
Percent of Sale Price 50%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/22/2026 | $1,250,000 | | Listed Price |