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$ 1,250,000

Est. payment -/mo

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4988 N Elston AVE Chicago, IL 60630

8 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12673400

Bedrooms 8

Year Built 1909

Annual Tax Amount $3,254

Tax Year 2024

Lot Dimensions 3100 sq ft

Property Sub-Type Two to Four Units

Property Description

First time to market! This extra large Mayfair three-flat is not only in pristine condition, but it also has an amazing two-floor owner's suite complete with a private rooftop deck! These owners did the legwork to change the zoning to "mixed-use" for the most income potential! As a result, the well-appointed garden unit can either be a business or residential unit, but it is perfectly equipped to be residential with its own private entrance! The elevated first floor unit boasts stunning original woodwork and hardwoods, three bedrooms, two full bathrooms, and an all stainless steel kitchen. The second floor unit is a duplex-up owner's suite, offering the perfect arrangement for an owner-occupied investment property or a high-income rental unit. The second floor unit has potential for four bedrooms, with one bedroom currently serving as the owners' closet. The top floor family room/potential bedroom has it's own private entrance off the beautifully maintained rear stairwell, as well as a charming spiral staircase from the bedroom below. The real star of the show is the gorgeous, private roof deck with unobstructed, West-facing views! All three units have dishwashers, central air, and dedicated laundry downstairs, but the top-floor suite also has in-unit laundry in the upstairs bathroom. There is additional storage with easy access on the top floor for holiday decor, camping gear, etc. This property has truly been exceptionally maintained by the lifetime owners, including weekly landscaping. Red brick exterior, well-preserved woodwork, updated windows, updated kitchens and baths, a fenced yard, and an extra tall 2-car garage off the extra-wide alley. There's so much charm, quality, and history in this fantastic property! These longtime live-in landlords are ready for their next chapter, and now it's your turn to live in a one-of-a-kind property with the best bones! Easy access to the Metra, Foster & Lawrence buses, 90/94, and close to Target, Starbucks, L.A. Fitness, Gompers Park, forest preserves, and more! See the video walk-through of the owner's suite!

Location

State IL

County Cook

Area Chi - Albany Park

Zoning OTHER

Rooms

Basement Finished, Exterior Entry, Daylight

Interior

Heating Natural Gas

Equipment CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Security Cameras, Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Lighting

Garage Spaces 2.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Building

Lot Description Landscaped

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick,Frame, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding,Brick,Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Jennifer Delaney of Kale Realty

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