IL
Cook
Chicago
60630
4988 N Elston Avenue
4988 N Elston Avenue, Chicago, IL 60630
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Listing Type
Multi Family
Listing Status
Active
38
$1,250,000

Home Details for 4988 N Elston Avenue

Price
$1,250,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
5
Year built
1909
County
Cook
Total rooms
16
Garage
2
Basement
Sump Pump, Finished, Exterior Entry, Daylight
MLS Listing#
12673400
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!

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Property Features
  • Basement
    • Sump Pump
    • Finished
    • Exterior Entry
    • Daylight
  • Parking
    • Garage Door Opener
    • Garage
    • Detached
  • Cooling Information
    • Ceiling Fan(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: Kale Realty - 312-939-5253
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-27 23:10:37. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-06-27 23:10:37
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2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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