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Two-Unit Residential Income Building

4840 West Wabansia Avenue Chicago, IL 60639

4840 West Wabansia Avenue, Chicago, IL, 60639
$485,000
Pending
For Sale
$485,000
Pending

Well-maintained 2-unit building with in-unit laundry, separate mechanicals, and an expansive finished basement.

Days on Market30

Property Features for 4840 West Wabansia Avenue

General Information

Standard status
Pending
Property subtype
Two to Four Units / 2 Flat

Building Details

Year Built
1921
Listing agency Real Broker LLC
Listed by Gregorio Morales · License #475195839
Source Compass
Added: Jun 24 Updated: Jul 22 at 3:54AM Checked: Jul 22 at 3:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC


Investment Insights

Based on property information with market context.

This well-maintained 2-unit residential income building offers two units, each with 2 bedrooms and 1 bathroom, along with formal living and dining rooms. The owner-occupied second-floor unit features an open-concept layout with hardwood floors and recessed lighting, plus in-unit laundry. Updates described for the unit include a renovated bathroom with a walk-in shower and an updated kitchen with quartz countertops, custom cabinetry, and stainless steel appliances.

The property also includes enclosed rear porches for additional storage, a fenced backyard, and an expansive finished basement with a private entrance. The basement is described as having a large recreation area, a separate bedroom/office room, a full bathroom, and generous storage. Separate mechanical systems are noted, including individual furnaces, water heaters, electrical panels, and thermostats. A 2.5-car garage with a double overhead door includes substantial attic storage, and the property has an attached covered patio area.

The building is described as being conveniently located steps from the Grand/Cicero Metra station and close to grocery stores, restaurants, local shops, public transportation, and everyday conveniences.

Key Highlights

  • Well‑maintained 2‑unit building built in 1921 in Chicago’s North Austin area
  • Owner‑occupied second‑floor unit updated with hardwood floors, recessed lighting, modern fixtures, and in‑unit laundry
  • Updated kitchen includes quartz countertops, custom cabinetry, and stainless steel appliances

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Dental Office Gym & Fitness Center Florist Pet Grooming Service Tech Support Center

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

FAQs

What type of property is this?
Duplex - Well-maintained 2-unit building with in-unit laundry, separate mechanicals, and an expansive finished basement.
Where is this duplex located?
The property is located at 4840 West Wabansia Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Well‑maintained 2‑unit building built in 1921 in Chicago’s North Austin area; Owner‑occupied second‑floor unit updated with hardwood floors, recessed lighting, modern fixtures, and in‑unit laundry; Updated kitchen includes quartz countertops, custom cabinetry, and stainless steel appliances
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