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4950 W Gunnison Street Chicago, IL 60630 Multi Unit - Multiple New

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  • 4950 W Gunnison Street , Chicago, IL 60630 Main Photo

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Sat, Aug 1st 11:00am - 1:00pm
Sun, Aug 2nd 1:30pm - 3:30pm

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!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
Listed By:
Compass 312-319-1168
MRED MLS
$475,000
Est. $3,202/mo
4beds
2baths
2cars
New to the Market New
BEDS4 BATHS2 full MLS#12698253
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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4950 W Gunnison Street , Chicago, IL 60630.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $475,000$475,000$475,000
Down Payment $95,000$16,625$118,750
Monthly Mortgage Amount $2,402$2,910$2,982
Taxes $661$661$661
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$209$0
Monthly Estimated Total $3,202$3,919$3,782

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