4862 W Cortland Street — Chicago, IL 60639
Active Under Contract
Chicago, IL 60639

4862 W Cortland Street

$550,000
6 beds · 2 baths
Listed at $550,000 25 days on market $6,774/yr taxes
01About this home

Exceptional investment opportunity in the heart of Chicago's desirable Cragin neighborhood! This spacious multi-family property offers approximately 2,540 sq ft of living space on a generous 6,300 sq ft lot, making it ideal for both investors and owner-occupants. Featuring 6 bedrooms and 2 bathrooms, this classic building provides ample space for rental income, multi-generational living, or a value-add renovation project. Built in the early 1900s, the property retains its solid structure while offering the opportunity to modernize and increase equity. The home includes a full unfinished basement, and attic perfect for storage or future finishing, and sits on a wide lot with room for outdoor space or parking enhancements. Located on a residential street, the property benefits from a walkable location with access to public transportation, schools, and local amenities. Whether you're looking to generate rental income, house hack, or renovate and resell, this property delivers strong potential in a stable Chicago market where multi-unit properties remain in high demand. Click on Virtual Tour for PICS!

02Inside the home
03By the numbers
$550,000
List price
Square feet
6
Bedrooms
2
Bathrooms
1903
Year built
Lot size
5
Garage spaces
$6,774
Annual taxes
Two to Four Units
Style
25
Days on market
04Features
Heating
Natural Gas
Parking
Alley AccessOwned
Construction
Vinyl SidingFrame
Sewer
Public Sewer
05Neighborhood
This home EElementary school
E Elementary school
Lloyd Elementary School
Chicago, IL
📍0.3 mi🚗1 min🚶7 min
H High school
Foreman High School
Chicago, IL
  • Burger King 0.4 mi
  • Church's Chicken 0.4 mi
  • Paisans Pizzeria 0.4 mi
  • Wendy's 0.4 mi
  • Subway 0.5 mi
  • McDonald's 0.5 mi
  • Shell 950 ft
  • Walmart Supercenter 0.4 mi
  • Amoco 0.4 mi
  • Food 4 Less 0.5 mi
  • BP Shop 0.6 mi
  • Cermak Produce 0.6 mi
  • De George Park 0.3 mi
  • Blackhawk Park 0.6 mi
  • Hermosa Park 0.6 mi
  • Greenebaum Park 0.7 mi
  • LaFollette Park 0.8 mi
  • Cragin Park 1.0 mi
  • Starbucks 800 ft
  • Dunkin' 0.3 mi
  • Starbucks 0.4 mi
  • Dunkin' 0.6 mi
  • Somethin’ Sweet Donuts 0.7 mi
  • Dunkin' 0.7 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 13, 2026
Listed for saleThis listing
Compass
$550,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

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Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Compass · Alfredo Gonzalez
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12601347
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