$470,000

4820 W Wabansia Ave Chicago, IL 60639

Austin Neighborhood

Estimated payment $2,779/month

Total Views 1,513
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Forced Air Heating System
  • Senior Tax Exemptions
  • Home Security System

About This Home

Well-Maintained, Income-Generating Brick 2-Flat - Many Updates! Rehabbed in 2017 and meticulously maintained since, this AS-IS brick 2-flat is a fantastic opportunity for both owner-occupants and savvy investors. Featuring security cameras throughout, a large fenced yard, and a newer garage built in 2018 (replacing a former parking pad), this property is move-in ready for tenants or your own residence. Recent improvements include tuckpointing and updated concrete around the perimeter (2023), newer appliances in Unit 2, and an updated laundry room conveniently located next to the finished basement. Rental income offers excellent mortgage assistance or a strong cash flow investment. Prime location close to shopping and public transportation makes this property even more appealing. Live in one unit and rent the others, or add to your investment portfolio with confidence. Note: Owner and agent do not confirm the legality of the basement unit. Don't wait-schedule your showing today!

Listing Agent

Leo Arias

Exit Realty Redefined License #temp892291 Listed on: 08/13/2025

Exit Realty Redefined

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1920 | Remodeled in 2017

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $125
  • Insurance Expense $4,191
  • Trash Expense $38
  • Water Sewer Expense $68

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,620

Year Built

Built in 1920 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Security System, Security Cameras
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Construction Materials: Brick
  • List Price: 470000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 38
  • Water Sewer Expenses: 68
  • Trash Expense Year: 456

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: APX 35x130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 4191
  • ElectricExpense: 125
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2620
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $470,000 +59.3% --
04/04/2018 04/04/18 Sold $295,000 -4.8% --
02/27/2018 02/27/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $310,000 +244.4% --
10/25/2013 10/25/13 Sold $90,000 +12.6% --
09/25/2013 09/25/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $79,900 0.0% --
08/14/2013 08/14/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $79,900 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12440038

Midwest Real Estate Data (MRED)