4988 N Elston Avenue, Chicago, Illinois 60630

$1,185,000
8
BD
5
BA

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List Price
$1,185,000
Price Change
▼ $65,000 1784166006
MLS#
12673400
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Bedrooms
8
Bathrooms
5
County
Cook
City
Chicago
Neighborhood
North Mayfair

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!

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2024
Tax Exemptions
Homeowner, Senior
Year Built
1909
Exterior Property Features
Lighting
Lot Dimensions
3100 sq ft
Lot Size Range
Less Than .25 Acre
Units
3
Garage Spaces
2
Parking Spaces
2
Parking Details
Garage Door Opener, Garage, Yes, Garage Owned, Detached
Heating
Natural Gas
Sewer
Public Sewer
Basement
Yes

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