About This Home

This 8-bedroom, 5-bathroom residential multi family at 4988 N Elston Avenue in Chicago, IL is listed for $1,185,000. Built in 1909, on a N/A lot.

Key Features

  • Built in 1909
  • 2 parking spaces

Property Details

5 full
2-car garage
1909
Listing Description

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!

Monthly Cost Estimate

$6,338/mo

20% down · 6.5% · 30 years

Principal$857
Interest$5,135
Insurance$346

Estimates only. Actual payments may vary.

Location

4988 N Elston Avenue

Chicago, IL 60630

Features & Amenities

Exterior Features

Lighting

Property Details

Construction

Vinyl Siding Brick Frame

Parking

GarageOpen

Heating

Natural Gas

Questions & Answers

This 8-bedroom, 5-bathroom residential multi family at 4988 N Elston Avenue is listed at $1,185,000. The estimated monthly payment is $6,338 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1909, 2 parking spaces. Exterior Features: Lighting.

This property is listed by Jennifer Delaney.

JD

Jennifer Delaney

Agent at Kale Realty

Listed by Kale Realty · Broker phone: (312) 939-5253 · View on Broker Site · Broker website

MLS# 12673400· Source: Midwest Real Estate Data, LLC· 130 days on PropertySimple

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.

4988 N Elston Avenue, Chicago, IL 60630

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