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  • $450,000

    4862 W Cortland St, Chicago, IL 60639

    6beds
    --sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $451,900 Zestimate®
    $--/sqft
    $1,894 Estimated rent

    Home value

    $451,900

    $411,000 - $497,000

    $1,894/mo

    Zestimate® history
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    Rent Zestimate®

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    $3,318/mo

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    $3,318/mo

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    What's special

    Full unfinished basementSpacious multi-family propertyAttic perfect for storage
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alfredo Gonzalez 773-598-7388,

    Compass

    Bought with:

    Alfredo Gonzalez

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12601347MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 5
    • Parking features: Alley Access, Yes, Owned
    Lot
    • Size: 6,300 Square Feet
    • Dimensions: 50X126
    Details
    • Parcel number: 13334070210000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Frame
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $370,000
    • Annual tax amount: $6,774
    • Date on market: 4/13/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/9/2026Sold$450,000-18.2%
    Source: MRED as distributed by MLS GRID #12601347 Report a problem
    7/6/2026Contingent$550,000
    Source: MRED as distributed by MLS GRID #12601347 Report a problem
    7/6/2026Listed for sale$550,000
    Source: MRED as distributed by MLS GRID #12601347 Report a problem
    5/22/2026Contingent$550,000
    Source: MRED as distributed by MLS GRID #12601347 Report a problem
    5/20/2026Listing removed$550,000
    Source: MRED as distributed by MLS GRID #12601347 Report a problem
    5/7/2026Contingent$550,000
    Source: MRED as distributed by MLS GRID #12601347 Report a problem
    4/13/2026Listed for sale$550,000
    Source: MRED as distributed by MLS GRID #12601347 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,774 +81.5%$37,000 +76.2%
    2023$3,733 +3.2%$21,000
    2022$3,618 +1.8%$21,000
    2021$3,555 -22.3%$21,000 -11.1%
    2020$4,574 -4.1%$23,623 -13%
    2019$4,769 +1.7%$27,153
    2018$4,688 +14.1%$27,153 +20.9%
    2017$4,109 +2.7%$22,450
    2016$3,999 +10%$22,450
    2015$3,635 -2.7%$22,450 -1%
    2014$3,736 +2.3%$22,688
    2013$3,651 +0.7%$22,688
    2012$3,626 +11.6%$22,688 -5.8%
    2011$3,250 +3.8%$24,080
    2010$3,132 +10.6%$24,080
    2009$2,832 -17.5%$24,080 -21.4%
    2008$3,432 +12.4%$30,618
    2007$3,053 +34.1%$30,618
    2006$2,276 +4.7%$30,618 +88.2%
    2005$2,174 +1.9%$16,270
    2004$2,133 +4.4%$16,270
    2003$2,042 -5.4%$16,270 +17.7%
    2002$2,159 -10%$13,829
    2001$2,399 +21.6%$13,829
    2000$1,972 -0.7%$13,829 +35%
    1999$1,986 $10,247
    Find assessor info on the county website

    Neighborhood: Cragin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lloyd Elementary School
    • High: Foreman High School
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $451,900

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $451,900