LKV Realty
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$550,000
$2,900Reward *
4862 W Cortland Street, Chicago, IL 60639Listing ID 12601347

4862 W Cortland Street, Chicago, IL 60639

Contingent
CHI - Belmont Cragin
Time on site: 126 daysLast updated: Jul 30, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
2
Days on Site
Days on Site
126
Heating
Heating
Natural Gas
Year Built
Year Built
1903
Parking
Parking
Alley Access, Yes, Owned

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!

Property Information

Property Details

Location

Address
4862 W Cortland Street
County
Cook
City
Chicago
Zip Code
60639
Subdivision
CHI - Belmont Cragin
School District
299
High School
Foreman High School
Elementary School
Lloyd Elementary School
MLS Area
CHI - Belmont Cragin

Interior Features

Beds and Baths

Bedrooms
6

Building

Building Information

Year Built
1903
Construction
Vinyl Siding, Frame

Financial

Special Conditions
List Broker Must Accompany

Property Taxes

Tax Annual Amount
$6,774
Tax Year
2024
Compass, (773) 598-7388

Market Report for 60639

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 02:01 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD44261