4950 W Gunnison Street
Chicago, Illinois 60630

New / MLS #12698253 / Multiple Unit (2-4) / Forest Glen
Listing information updated 8/1/2026 at 4:43pm
Situated on an extra wide lot in a premier location of Jefferson Park, this turnkey 2 flat presents an extraordinary opportunity for investors, multi-generational living, or house hackers - live in one unit and generate income leasing the other unit! Both bright and airy apartments feature 2 bedrooms with walk-in closets, 1 bath, tall ceilings, formal living and dining rooms, charming breakfast nooks, and a private 1st floor deck. Enjoy total peace of mind with key recent updates, including newer furnaces (2024), a brand new 2nd floor water heater (2026), and a modernized 2nd floor kitchen with updated cabinets, counter top, backsplash and faucet (2023). An enclosed rear staircase connects both levels to a massive unfinished basement and attic, offering value add potential for a duplex-up expansion or a single family conversion. Outside, a fully fenced landscaped yard leads to a 2 car garage offering additional storage or rental potential. Ideally positioned near Beaubien Elementary district, the Blue Line, Metra stations, bus routes, I-90/94, multiple forest preserves, many grocery stores, and neighborhood favorites like Gale Street Inn and Westons Coffee & Tap Co., this versatile property delivers unbeatable convenience, flexible living options, and immediate income potential!

Listing Office: Compass

Listing Office Phone: 312.319.1168

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4950 W Gunnison Street, Chicago, IL 60630 is a multiple unit (2-4) currently listed at $475,000. 4950 W Gunnison Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since July 29th, 2026 and was built in 1911. The nearest transit stops include Jefferson Park CTA Blue line and Jefferson Park Metra Metra Union Pacific Northwest line.