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Two-Flat with Interior Staircase
For Sale
Under Contract
$389,000

4846 W Gunnison Street, Chicago, IL 60630

MULTI_FAMILY - Chicago, IL

Days on Market9

Property Features for 4846 W Gunnison Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Basement
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Drive east on West Lawrence Ave. Left to North Lamon Ave. Turn right. Property is on the right.
Subdivision CHI - Forest Glen
Standard status Active Under Contract
APN 13094270260000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7638

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1918
Building materials Frame
Listing Agency: RE/MAX Properties Northwest · RE/MAX International
Listed By: Jocelyn McGovern · License #475.139481
Added: Jul 24 Changed: Aug 1 Last Checked: Aug 1 at 10:06PM
MLS# 12715449

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Move-in ready two-flat featuring two units connected by an interior staircase and separated by a door. The layout supports flexible use as two separate units or as one larger living space, which the home has functioned as over the years. Main living areas are ready to enjoy.

An unfinished basement needs TLC and offers additional space for storage, utilities, workshop use, or future ideas. Built in 1918 with frame construction, the home is heated with natural gas and served by public sewer.

Conveniently located near parks, transportation, shopping, restaurants, and neighborhood conveniences, with easy access to the Blue Line, Metra, and I-90 and I-94. An adjacent curb-cut driveway lot at 4844 W. Gunnison is also available for sale and includes a 2-car garage with a party door, allowing a buyer to purchase one or both properties. Property is being sold as-is.

Key Highlights

  • Two units connected by an interior staircase and separated by a door
  • Flexible configuration for two separate units or one larger living space
  • Unfinished basement needing TLC with space for storage, utilities, or workshop use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Acupuncture Furniture & Home Goods Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,393
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready 2-flat with interior staircase and unit separation, plus an unfinished basement for future storage or workshop use.
Where is this duplex located?
The property is located at 4846 W Gunnison Street Chicago, IL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two units connected by an interior staircase and separated by a door; Flexible configuration for two separate units or one larger living space; Unfinished basement needing TLC with space for storage, utilities, or workshop use
More about this property
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