29
See all 29 photos
$524,900
Est. payment /mo
7 Beds
4 Baths
Active
4948 W Washington BLVD Chicago, IL 60644
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12327265
Style Brownstone
Bedrooms 7
Year Built 1907
Annual Tax Amount $4,220
Tax Year 2023
Lot Dimensions 30X180X30X180
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Chi - Austin
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Alonzo Abron Jr • A Progeny Global LLC
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