4948 W Washington Boulevard
Chicago, IL 60644
- 7 beds
- 4 baths
- – sqft
- 900 sqft lot
- 1907 build
- – on site
Discover the potential of this beautifully renovated two-unit property located in the vibrant Austin neighborhood of 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. The current tenant is on a month-to-month lease, paying 1,750. Lower Unit: The duplex-down unit, boasting 4 bedrooms and 3 bathrooms, provides generous living areas, perfect for families or shared living situations. The tenant is currently paying 2,000, with the lease set to expire in March 2026. This property represents an excellent investment opportunity, as both units are already occupied, ensuring immediate cash flow. Market analysis suggests that these units could be rented at 1,800 to 2,000 (per mo) for the upper unit and 2,200 to 2,700 (per mo) for the duplex unit upon lease renewal. 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. Owner requires 48 hour notice for showings due to tenants schedule.
Last checked:
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Last updated Apr 3, 2025
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MLS# 12327265 —
The Building
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Year Built:1907
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Rebuilt:No
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New Construction:false
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Architectural Style:Brownstone
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Basement:None
Interior
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Rooms Total:13
Location
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Directions:Lavergne Ave to Washington Blvd to home
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Location:87642
The Property
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Parcel Number:16094230200000
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Property Type:Residential Income
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Lot Size Dimensions:30X180X30X180
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (708) 829-0511
- Office phone:
- (708) 629-0935
Taxes
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Tax Year:2023
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Tax Annual Amount:4220
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
Baths
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Baths:4
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Full Baths:3
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Half Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:2
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Parking Features:On Site
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/3/25
Apr 3, 2025
|
Listed / Active | MRED | $525,000 |