$389,000
Chicago, IL 60630
A truly rare chance to own on one of Jefferson Park's most tightly held blocks. This custom-built 3-bedroom, 1-bath step ranch has been lovingly held by the original owner and is now ready for its next chapter. Inside, this custom-built step ranch features a hard-to-find open-concept layout with a mid-century modern feel. The living room, dining area, and remodeled kitchen with eat-in bar flow together beautifully - an unexpected and valuable feature for a 3-bedroom step ranch. It creates a comfortable, connected space for everyday living, hosting, and entertaining. Hardwood floors run throughout the entire first floor and were refinished in 2016. The remodeled kitchen was completed around 2015-2016, and the home has had several major improvements over the years, including copper pipes replaced in 2019, a new HVAC system in 2022, and chimney tuck pointed in 2026. The basement is a standout feature, with approximately 8 ft ceilings and framing already in place, making it ready for your ideas. Whether used for a recreation room, home gym, storage, workshop, or future finished living area, the lower level adds valuable flexibility. Located in the desirable Jefferson Park Pocket, this home sits directly across from a beautifully updated Chicago Park District park, giving the 4800 block of Gunnison the feeling of having its own private green space. Opportunities on this block do not come around often. The low-maintenance backyard is for easy outdoor living and entertaining, complete with a natural gas line run to the backyard grill - no more running out of propane during a cookout. One of the standout features air-conditioned two-car garage with an extension, built by the original homeowner, a mechanic who built race cars for NASCAR. Great for the handyman, crafter, small business owner, entrepreneur, hobbyist, or making it a mega man cave neighborhood tavern, this is for you. The location is ideal - just a short walk to the Blue Line, Metra, parks, shopping, restaurants, and neighborhood conveniences, with easy access to I-90 and I-94. Property is being sold as is. Best final coming soon.
Estimated monthly cost for this home
$2,329/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Jul 21, 2026 | $389,000 |
| 2024 property taxes | $2,789/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Beycome Brokerage Realty LLC, listed by Jeffrey Sklar.
Information last updated Jul 23, 2026, 7:48 PM.
4840 Gunnison Street
Chicago, IL 60630

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.