4950 W Gunnison St

Chicago, IL 60630
  • $475,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 87291 - 891200,115357

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!

Listing Highlights

Status Pending
Days on Site 32
Property Type Multi-Family
MLS ® 12698253
Year Built 1911
Total Square Footage 0
Lot/Acreage 125.8 x 32
County Cook
School District 299

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 125.8 x 32
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $6,492
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13094260180000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

4950 W Gunnison St Chicago, IL 60630

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

Agent profile image in chat bubble
Agent profile image in chat header

Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

Agent profile image in message

or another way