4862 W Cortland Street, Chicago, IL

$550,000

Overview

  • 219660
  • Property ID
  • Updated On:
  • April 19, 2026
  • 6
  • Bedrooms
  • 2
  • Bathrooms

Description

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!

Bathrooms
2
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Other Features
Alley Access
Frame
Natural Gas
Owned
Public
Public Sewer
Vinyl Siding

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$2,819.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,132.46

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Information for the property at 4862 W Cortland Street, Chicago, IL, 60639 (Property ID: 219660) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi