Four-Unit Multifamily
For Sale
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4849 W Ainslie Street, Chicago, IL 60630
Legal four-unit with two 2-bed/1-bath and two 1-bed/1-bath units, plus separate utilities where tenants pay gas and electric.
Days on Market12
Property Features for 4849 W Ainslie Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1904
Buildings
1
Tenancy
Multi
Listing Agency:
Greystone Realty Group Llc
Listed By:
Jason Wagner · License #IL
Source:
Crexi
Added: Jul 22
Changed: Jul 29
Last Checked: Jul 30 at 7:02AM
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 Greystone Realty Group Llc
Investment Insights
Based on property information with market context.
This legal four-unit multifamily building offers a mix of two 2-bed, 1-bath units and two smaller 1-bed, 1-bath units. The top front unit includes in-unit washer/dryer and a duplex-up layout that expands into the attic area with a second bedroom, skylight, and a large walk-in closet. Across the building, tenants benefit from separate utilities with residents paying their own gas and electric.
The property is reported as well maintained by the current owners for more than 30 years. Interior updates and features include newer wall furnaces, newer hot water tanks, and hardwood floors or LVP/laminate flooring, with mostly vinyl windows throughout. On the exterior and systems side, the architectural shingled roof is approximately 13 years old, the electrical service is listed at 200 amp, and most waterlines have been upgraded to copper with a booster pump.
The building includes a tall two-car garage that is leased for additional income. Located in Jefferson Park with easy highway access and nearby Metra and CTA Blue Line service, the property offers convenient transit options.
The property is reported as well maintained by the current owners for more than 30 years. Interior updates and features include newer wall furnaces, newer hot water tanks, and hardwood floors or LVP/laminate flooring, with mostly vinyl windows throughout. On the exterior and systems side, the architectural shingled roof is approximately 13 years old, the electrical service is listed at 200 amp, and most waterlines have been upgraded to copper with a booster pump.
The building includes a tall two-car garage that is leased for additional income. Located in Jefferson Park with easy highway access and nearby Metra and CTA Blue Line service, the property offers convenient transit options.
Key Highlights
- Legal four‑unit building with two 2‑bed, 1‑bath units and two 1‑bed, 1‑bath units
- Top front unit includes in‑unit washer/dryer and duplex‑up layout into the attic with skylight
- Separate utilities: tenants pay their own gas and electric
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Legal four-unit with two 2-bed/1-bath and two 1-bed/1-bath units, plus separate utilities where tenants pay gas and electric.
Where is this quadplex located?
The property is located at 4849 W Ainslie Street Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Legal four‑unit building with two 2‑bed, 1‑bath units and two 1‑bed, 1‑bath units; Top front unit includes in‑unit washer/dryer and duplex‑up layout into the attic with skylight; Separate utilities: tenants pay their own gas and electric
