4948 W Washington Boulevard Chicago, IL $ 485,000
4948 W Washington Boulevard
$ 485,000
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4948 W Washington Boulevard

Chicago, IL, 60644
$ 485,000
Bedrooms7 Baths4.0

Monthly Estimate*

$ 2,986

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Multi-Family Home for sale in Chicago, IL

for $485,000 with 7 bedrooms and 4 full baths. This home was built in 1907.

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.

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Multi-Family Pending

Price

$ 485,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,220

Style

Brownstone

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12327265

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Architectural Style Brownstone
Construction Materials Brick
Year Built 1907
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Pending
Directions Lavergne Ave to Washington Blvd to home
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 4220
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes
Water Source Public
Total Parking 2
Lot Dimensions 30X180X30X180
Waterfront Y/N N
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* Excluded Features
List By
A Progeny Global Llc

Broker

alonzo@aprogenyglobal.com

Email

Affordability Calculator

$3,338
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$352
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$485,000 -3.94% Price Down
9/23/2025$504,900 -0.98% Price Down
9/5/2025$509,900 -0.99% Price Down
8/28/2025$515,000 -1.89% Price Down
4/22/2025$524,900 -0.02% Price Down
4/3/2025$525,000 Listed Price

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4948 W Washington Boulevard, Chicago, IL, 60644 is a Multi-Family Home for sale at $485,000. 4948 W Washington Boulevard has 7 bedrooms, 4.0 baths, and was built in 1907. The property's zip code is 60644 which is in Chicago, IL