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4950 W Gunnison Street , Chicago, IL 60630

$475,000
  • 4950 W Gunnison Street , Chicago, IL 60630 Main Photo

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New to the Market New
BEDS4 BATHS2 full MLS#12698253
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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!

4950 W Gunnison Street | MLS# 12698253

This multi-family property located at 4950 W Gunnison Street , Chicago, IL 60630 is currently listed for sale with an asking price of $475,000. W Gunnison Street is located within the District 299 school district. Search Chicago real estate on aleon.gogambino.com today.

Upcoming Open Houses

Open House Saturday August 1st, 11:00am - 1:00pm
Open House Sunday August 2nd, 1:30pm - 3:30pm

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Natural Gas
Lot Size: 125.8 x 32
Roof Type: Asphalt
Taxes: $6,491
Year Built: 1911

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 125.8 x 32
Other Equipment: Ceiling Fan(s)
Parcel#: 13094260180000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 10
Township: Jefferson
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 312-319-1168

Shown By

Agent Name: Aimee Leon
Agent Phone: (815) 516-7879
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,837.06 per month $2,157.60 Principal & Interest $540.92 Property Tax $138.54 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/30/2026. The listing information on this page last changed on 07/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/30/2026 11:05:57 AM EST) or MRED MLS (last updated Thu 07/30/2026 11:01:18 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 07/30/2026 10:16:10 AM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 07/29/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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