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About This Home

This 5-bedroom, 3-bathroom residential multi family at 4840 W WABANSIA Avenue in Chicago, IL is listed for $485,000. Built in 1921, on a N/A lot.

Agent Description

Don't miss this opportunity to own a beautifully maintained 2-unit building in Chicago's sought-after North Austin neighborhood. Offering the perfect blend of owner-occupant appeal and investment potential, this property presents an excellent opportunity to generate rental income while building long-term equity.

The owner-occupied SECOND FLOOR unit has been meticulously maintained and thoughtfully updated, offering a bright, open-concept layout with hardwood floors, recessed lighting, modern fixtures, and in-unit laundry. The updated kitchen features quartz countertops, custom cabinetry, stainless steel appliances, and ample storage, while the spacious living and dining areas provide the perfect setting for everyday living and entertaining.

The beautifully renovated bathroom showcases contemporary finishes and a spa-like walk-in shower, adding to the unit's overall appeal. Both units offer 2 bedrooms, 1 bathroom, formal living and dining rooms, hardwood floors, and enclosed rear porches that provide valuable additional storage space.

Separate mechanical systems, including individual furnaces, water heaters, electrical panels and thermostats, add convenience and flexibility. You will also appreciate the expansive finished basement with a private entrance, adding significant usable space to the property.

The basement features a large recreation area, separate office room, full bathroom, and generous storage. This versatile space offers tremendous flexibility for tenant amenities, a home office, fitness area, recreation room, guest accommodations, or additional storage, enhancing both the property's functionality and long-term value.

Outside, you'll find a fenced backyard designed for both relaxation and entertaining. The impressive oversized 2-car garage features a double overhead door and substantial attic storage above, while the attached covered patio area creates the perfect outdoor gathering space.

Complete with a ceiling fan and ample room for seating, grilling, and entertaining, it's an ideal spot to enjoy summer cookouts, family get-togethers, or simply unwind outdoors. Conveniently located just steps from the Grand/Cicero Metra station and close to grocery stores, restaurants, local shops, public transportation and everyday conveniences, this property offers both value and accessibility. Schedule your private tour today!

Key Features

  • Built in 1921
  • 2 parking spaces

Property Details

3 full
2 spaces
1921

Monthly Cost Estimate

$2,594/mo

20% down · 6.5% · 30 years

Principal$351
Interest$2,102
Insurance$141

Estimates only. Actual payments may vary.

Location

4840 W WABANSIA Avenue

Chicago, IL 60639

Property Details

Construction

Brick

Parking

OpenGarage

Heating

Natural Gas

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 4840 W WABANSIA Avenue is listed at $485,000. The estimated monthly payment is $2,102 based on 20% down at 6.5% interest.

Key features include: Built in 1921, 2 parking spaces.

This property is listed by Gregorio Morales and can be reached at (630) 439-6385 or greg.morales0802@gmail.com.

GM

Gregorio Morales

Agent at Real Broker LLC

(630) 439-6385

Listed by Real Broker LLC · View on Broker Site

MLS# 12687470· Source: listhub· Updated 2 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4840 W WABANSIA Avenue, Chicago, IL 60639

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