4948 W Washington Boulevard

Chicago, IL 60644
  • $509,900

    Price
  • 7

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 87642 - 896717

Discover the potential of this beautifully renovated 2-unit property located in the vibrant Austin neighborhood of Chicago. A short distance from Columbus Park and major transit lines, ensuring easy access to local amenities and downtown Chicago. Recently updated in 2022, this building underwent an extensive renovation that includes: A complete gut renovation. Upgraded electrical and plumbing systems. New HVAC units installed in each unit. A newly constructed porch for enjoyable outdoor living. A brand-new roof and energy-efficient windows. Both units have been thoughtfully designed with modern amenities, featuring updated kitchens equipped with elegant granite countertops and contemporary bathrooms. Upper Unit: This spacious 3-bedroom, 1-bathroom unit offers ample living space and comfortable accommodations. Lower Unit: The duplex-down unit, boasting 4 bedrooms and 3 bathrooms, provides generous living areas, perfect for families or shared living situations. This property represents an excellent investment opportunity, as both units are already occupied, ensuring immediate cash flow. (BOTH TENANTS ARE WILLING TO MOVE) Market analysis suggests that these units could be rented at 2,000 per mo for the upper unit and 2,700 per mo for the duplex unit. Whether you are a homeowner looking for a comfortable living space with added rental income or an investor seeking a profitable asset, this property offers the perfect blend of location, updated features, and cash flow potential. Don't miss this opportunity to own a piece of the Austin community in Chicago.

Listing Highlights for 4948 W Washington Boulevard

Status Active
Days on Site 166
Property Type Multi-Family
MLS ® 12327265
Year Built 1907
Total Square Footage 0
Lot/Acreage 30X180X30X180
County Cook
School District 299

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 30X180X30X180
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Site

Financial Details

  • Tax Amount: $4,220
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16094230200000
  • Tax Year: 2023

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Questions About..

4948 W Washington Boulevard Chicago, IL 60644

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Originating MLS: mred

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