Two-Unit Duplex with
New
For Sale
$475,000
4950 W Gunnison Street, Chicago, IL 60630
Two updated apartments offer flexible occupancy, separate living areas, and access to unfinished upper and lower-level space.
Property SizeContact for details
Days on Market3
Property Features for 4950 W Gunnison Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,491
Amenities
private deck
fenced yard
Building Details
Year Built
1911
Buildings
1
Stories
2
Listing Agency:
Compass
(312) 319-1168
Listed By:
Tiffany Razo
(312) 319-1168
Source:
Exit2newbeginningz
Added: Aug 7
Changed: Aug 8
Last Checked: Aug 9 at 1:05PM
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 Compass
Investment Insights
Based on property information with market context.
Built in 1911, this duplex contains two apartments, each with 2 bedrooms, 1 bathroom, walk-in closets, tall ceilings, formal living and dining rooms, and a breakfast nook. The first-floor unit includes a private deck. Recent improvements include furnaces installed in 2024, a second-floor water heater installed in 2026, and a remodeled second-floor kitchen completed in 2023. An enclosed rear stairway provides access between the floors, while the unfinished basement and attic add substantial storage and possible expansion capacity.
The property sits on an extra-wide lot with a fenced, landscaped yard and a two-car garage that includes additional storage space. It is near Beaubien Elementary district, the Blue Line, Metra stations, bus routes, I-90/94, forest preserves, grocery stores, Gale Street Inn, and Westons Coffee & Tap Co.
The property sits on an extra-wide lot with a fenced, landscaped yard and a two-car garage that includes additional storage space. It is near Beaubien Elementary district, the Blue Line, Metra stations, bus routes, I-90/94, forest preserves, grocery stores, Gale Street Inn, and Westons Coffee & Tap Co.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- Furnaces installed in 2024; second‑floor water heater installed in 2026
- Second‑floor kitchen updated in 2023 with new cabinets, countertop, backsplash, and faucet
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,451
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?
Duplex - Two updated apartments offer flexible occupancy, separate living areas, and access to unfinished upper and lower-level space.
Where is this duplex located?
The property is located at 4950 W Gunnison Street Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Furnaces installed in 2024; second‑floor water heater installed in 2026; Second‑floor kitchen updated in 2023 with new cabinets, countertop, backsplash, and faucet
