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    4920 W Cortez St Chicago, IL 60651

    New
    For Sale
    $184,700

    Residential Income - Chicago, IL

    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 12 at 3:06 am

    Property Features for 4920 W Cortez St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    16044110290000
    Parking
    2
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Steam

    Building Details

    Year built
    1915
    Architectural style
    Other

    Keller Williams Thrive (847) 241-2200 [email protected]

    Listing agent Joan Couris (847) 241-2200 License #475155965

    Listing date Dec 9, 2025

    MLS# 12530122 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Unit Income Property

    This is an all-brick two-unit residential income property located in the Austin community of Chicago, Illinois. Each unit features two bedrooms, a full bathroom, and ample living space. The first-floor unit has the potential to be duplexed with the full, unfinished basement. The property includes a two-car garage. It is conveniently located with easy access to public transit, shopping, parks, and other nearby amenities, all within walking distance. The property is situated on a lot of 0.08 acres. This property offers opportunities for value-add improvements and could be transformed into an income-generating asset. The property is located in an active neighborhood with strong rental demand and community revitalization.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7492689
    Latitude
    41.8998339

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    FAQs

    What type of property is this?
    Duplex - Two-unit brick building in Austin neighborhood with renovation potential.
    Where is this duplex located?
    The property is located at 4920 W Cortez St Chicago, IL.
    What is the asking price?
    The asking price for this property is $184,700.
    What are key features of this property?
    This property features: - Two-unit building in a prime Austin location with easy access to public transit, shopping, and parks.; - Opportunity to duplex the first-floor unit with the full, unfinished basement for added value.; - Two-car garage included.
    (847) 241-2200
    Request Owner's contact information
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    Chicago, IL 60651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4920 W Cortez St Chicago, IL 60651
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