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Three-Unit Property with Rooftop Deck
For Sale
$1,185,000

4988 N Elston Avenue, Chicago, IL 60630

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market103

Property Features for 4988 N Elston Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 8, Basement, Bedroom 3, Bathroom 2, Bathroom 5
Parking 2
Parking features Garage, Open
Exterior features Lighting
Fencing Fenced
Basement Daylight, Exterior Entry, Finished
Lot features Landscaped
Elementary school district 299
Middle school district 299
High school district 299
Directions From Lawrence Ave heading West, Turn Right on Elston heading Northwest. Property is on your left before Foster. From Foster heading West, turn Left/Southwest onto Elston, property is on your right.
Subdivision CHI - Albany Park
Standard status Active
APN 13103080150000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5151

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

private rooftop deck
central air
dishwasher
dedicated laundry downstairs
in-unit laundry
fenced yard

Building Details

Year built 1909
Building materials Vinyl Siding, Brick, Frame
Listing Agency: Kale Realty
Listed By: Jennifer Delaney · License #475193755
Added: Jun 22 Changed: Sep 17 Last Checked: Oct 2 at 7:06AM
MLS# 12673400

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.

This 1909 three-unit property presents four floors of living space, including a duplex-up owner’s residence with a private rooftop deck and two additional income-producing units. The elevated first-floor apartment includes three bedrooms, two full bathrooms, hardwood floors, original woodwork, and a stainless steel kitchen. A garden-level unit is approved for either business or residential use. The second-floor suite includes flexible space, extra storage, a full bathroom on each level, and a spiral staircase connecting two bedrooms.

All three units feature dishwashers, central air, and access to dedicated laundry in the lower level; the upper suite also has in-unit laundry. Improvements include newer windows, refreshed kitchens and bathrooms, updated mechanical systems, fresh interior paint, a fenced yard, and an extra-tall two-car garage accessed from the wide alley. Public water and sewer serve the property. The Chicago location offers access to Metra, Foster and Lawrence bus service, I-90/I-94, Target, Starbucks, L.A. Fitness, Gompers Park, and forest preserves.

Key Highlights

  • Three‑unit configuration with four floors of living space
  • Duplex‑up owner’s suite with private rooftop deck
  • Garden‑level unit approved for business or residential use

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Acupuncture Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store Nursing Home Tech Support Center

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

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,219
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three residences blend preserved architectural character with updated kitchens, baths, windows, and mechanical systems.
Where is this triplex located?
The property is located at 4988 N Elston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Three‑unit configuration with four floors of living space; Duplex‑up owner’s suite with private rooftop deck; Garden‑level unit approved for business or residential use
More about this property
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