4650 N Hamilton Ave Chicago, IL 60625
Ravenswood NeighborhoodEstimated payment $10,129/month
Highlights
- Popular Property
- 4-minute walk to Damen Station (Brown Line)
- Heating System Uses Steam
- Forced Air Heating System
About This Home
Unrivaled size and value-add potential in the heart of Lincoln Square! Situated on a wide 37.5' x 122' corner lot at Leland and Hamilton, this rare brick property boasts 7,650 total square feet across the main building, coach house, enclosed porches, and full basement. Currently operating as an owner-occupied 5-unit income property, there is clear potential to expand-whether by adding an additional unit via Chicago's ADU ordinance, utilizing former unit layouts, or creating expansive duplexed residences. The main residence houses two 2-bed/1-bath units and two 1-bed/1-bath units-ideal for high rental yield or a massive owner's suite. Anchoring the building is a deep, high-ceiling basement primed for expanded living space or a garden ADU conversion. The detached coach house offers a completed 1-bed/1-bath main level with a partially finished second floor ready for extra bedrooms and a second bath, or conversion into a standalone ADU. Complete with a large fenced yard and a 2-car garage. Unbeatable location just steps to the Damen Brown Line, Welles Park, Sulzer Library, and Lincoln Avenue's vibrant dining scene!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,668
Year Built
- Built in 1908
Lot Details
- 4,567 Sq Ft Lot
- Lot Dimensions are 37.5' x 122'
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Steam
- Heating System Uses Gas
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $400
- Fuel Expense $2,000
- Insurance Expense $6,710
- Water Sewer Expense $1,500
- Operating Expense $39,278
- Gross Income $112,800
- Net Operating Income $73,522
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2026 09/11/26 | For Sale | $1,396,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12749199
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Ask me questions while you tour the home.