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$504,000
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Property Description
Welcome to this beautifully updated 4-bedroom, 2-bathroom home located at 4840 W Waveland Ave in Chicago's desirable 60641 neighborhood. This move in ready residence blends modern updates with timeless character. The home features a brand new kitchen with sleek slim shaker cabinets, quartz countertops, and updated finishes, creating a clean and contemporary space ideal for both everyday living and entertaining. Both bathrooms have been fully renovated with stylish, modern finishes. Refinished hardwood floors run throughout the main living areas, adding warmth and charm. The finished basement offers additional living space and includes a custom dry bar, perfect for hosting gatherings or relaxing at home. Additional highlights include a new furnace and A/C unit, providing comfort and efficiency year round. With four well sized bedrooms, thoughtful renovations throughout, and a convenient location near parks, dining, shopping, and transportation, this home is a standout opportunity for both owner occupants and investors.
Full Property Details
Full Property Details for 4840 W Waveland Ave
General
- Price: $504,000
- Taxes: $7,384 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12548737
- Updated: 2/23/2026
- Added to Site: 48 day(s) ago
Interior
- Basement: Finished, F
- Appliances: Microwave, Range, Dishwasher, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms(Blw Grade): 1
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Off-Alley, Yes, Detached, Garage
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: GO TO CICER0 WEST TO WAVELAND
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: English, Tudor
- Architectural Style: English, Tudor
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Laminate
- Square Feet: 1,319
- Sq. Ft. Source: Assessor
- Year Built: 1950
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1950
- Tax Amount: $7,384
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13212230320000
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Schools
Schools serving 4840 W Waveland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Gray Elementary School 3730 North Laramie Avenue, Chicago, IL 60641 | PK-8 | 0.4 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4840 W Waveland Ave
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$504,000
-0.98%
MLS
1/15/2026
Listed
$509,000
69.67%
MLS
11/05/2025
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4840 W Waveland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,384
3%
$34,999
—
2022
$7,199
2%
$34,999
—
2021
$7,038
30%
$34,999
44%
2020
$5,414
28%
$24,303
-11%
2019
$4,246
33%
$27,307
—
2018
$3,190
-7%
$27,307
12%
2017
$3,416
-30%
$24,361
—
2016
$4,879
9%
$24,361
—
2015
$4,464
14%
$24,361
16%
2014
$3,906
2%
$21,054
—
2013
$3,829
27%
$21,054
—
2012
$3,011
—
$21,054
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4840 W Waveland Ave
4840 W Waveland Avenue, Chicago, IL 60641 (MLS# 12548737) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4840 W Waveland Avenue is currently listed for $504,000 and was received on January 15, 2026. Want to learn more about 4840 W Waveland Avenue? Do you have questions about finding other Single Family real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

