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  • $515,000

    4950 W Gunnison St, Chicago, IL 60630

    4beds
    --sqft
    Multi Family
    Built in 1911
    -- sqft lot
    $515,800 Zestimate®
    $--/sqft
    $2,099 Estimated rent

    Home value

    $515,800

    $469,000 - $567,000

    $2,099/mo

    Zestimate® history
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    $3,798/mo

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    What's special

    Tall ceilingsBright and airy apartmentsFully fenced landscaped yardExtra wide lotCharming breakfast nooksMassive unfinished basement
    Situated on an extra wide lot in a premier location of Jefferson Park, this turnkey 2 flat presents an extraordinary opportunity for investors, multi-generational living, or house hackers - live in one unit and generate income leasing the other unit! Both bright and airy apartments feature 2 bedrooms with walk-in closets, 1 bath, tall ceilings, formal living and dining rooms, charming breakfast nooks, and a private 1st floor deck. Enjoy total peace of mind with key recent updates, including newer furnaces (2024), a brand new 2nd floor water heater (2026), and a modernized 2nd floor kitchen with updated cabinets, counter top, backsplash and faucet (2023). An enclosed rear staircase connects both levels to a massive unfinished basement and attic, offering value add potential for a duplex-up expansion or a single family conversion. Outside, a fully fenced landscaped yard leads to a 2 car garage offering additional storage or rental potential. Ideally positioned near Beaubien Elementary district, the Blue Line, Metra stations, bus routes, I-90/94, multiple forest preserves, many grocery stores, and neighborhood favorites like Gale Street Inn and Westons Coffee & Tap Co., this versatile property delivers unbeatable convenience, flexible living options, and immediate income potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Razo 312-319-1168,

    Compass

    Bought with:

    Deborah Hess

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12698253MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Lot
    • Size: 4,025 Square Feet
    • Dimensions: 125.8 x 32
    Details
    • Parcel number: 13094260180000
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1911

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $420,010
    • Annual tax amount: $6,491
    • Date on market: 7/29/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/4/2026Sold$515,000+8.4%
    Source: MRED as distributed by MLS GRID #12698253 Report a problem
    8/4/2026Contingent$475,000
    Source: MRED as distributed by MLS GRID #12698253 Report a problem
    7/29/2026Listed for sale$475,000
    Source: MRED as distributed by MLS GRID #12698253 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,492 +32.6%$42,001 +54.6%
    2023$4,895 +3.1%$27,163
    2022$4,745 +1.8%$27,163
    2021$4,661 -4.4%$27,163 +6.1%
    2020$4,874 -2.9%$25,590 -12%
    2019$5,019 +1.7%$29,080
    2018$4,933 +5.2%$29,080 +12.6%
    2017$4,689 -14.4%$25,820 -15.4%
    2016$5,476 +9.9%$30,537
    2015$4,981 +8.4%$30,537 +8.9%
    2014$4,593 -18.9%$28,040 -18.8%
    2013$5,666 -6.2%$34,511 -4.5%
    2012$6,043 +30.8%$36,146 -10.1%
    2011$4,618 -19.8%$40,199
    2010$5,757 +7.7%$40,199
    2009$5,348 +6.5%$40,199 -3.6%
    2008$5,021 +8.5%$41,686
    2007$4,626 +19.6%$41,686
    2006$3,866 +14.6%$41,686 +49.5%
    2005$3,375 +1.9%$27,875
    2004$3,311 +4.4%$27,875
    2003$3,171 -5.4%$27,875 +36.2%
    2002$3,352 +4.8%$20,462
    2001$3,199 +13.9%$20,462
    2000$2,809 -0.2%$20,462 +23.3%
    1999$2,816 $16,594
    Find assessor info on the county website

    Neighborhood: Jefferson Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $515,800
    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
    $515,800