4949 W Iowa Street Chicago, IL ^$ 424,900

4949 W Iowa Street

^$ 424,900

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4949 W Iowa Street

Chicago, IL, 60651

^$ 424,900

Bedrooms7 Baths3.0 Sq 2,200

Monthly Estimate*

^$ 2,616

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4949 W Iowa Street, Chicago, IL 60651 - Image 13

Multi-Family Home for sale in Chicago, IL

for $424,900 with 7 bedrooms and 3 full baths. This 2,200 square foot home was built in 1915.

Classic Chicago Style two unit building w/ additional living space in basement. Updated kitchens and baths. New electrical system to building. 3 separate heating systems and electric. Newer hot water boilers, 4 years old. Garage roof 2.5 years old. Silver coating on roof finished 2.5 years ago. Formal dining rooms. Hardwood floors.

Multi-Family Contingent

Price

^$ 424,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,224

Style

Traditional

Year Built

1915

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12550942

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air Steam Radiator(s) Sep Heating Systems - 2+ Indv Controls

Possession Closing Tenant's Rights

Roof Flat

Zoning MULTI

Garage Spaces 2

Architectural Style Traditional

Construction Materials Brick

Year Built 1915

Township West Chicago

Tax Year 2024

Ownership Fee Simple

Gross Income 39600

Community Features Curbs Sidewalks Street Lights Street Paved

County Cook

Net Operating Income 26400

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Other Structures Shed(s)

Total Rooms 15

Status Contingent

Directions Augusta to Lavergne (5000W) then S to Iowa turn E Iowa one way East to building

High School Orr Community Academy High Schoo

City Chicago

High School District 299

MLS Area CHI - Austin

Elementary School Mcnair Elementary School Communi

Tax Annual Amount 5224

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Exterior Entry Sleeping Area Full

Total Bedrooms 7

Room Type Utility Room-Lower Level

Total Baths 3

Bedrooms Possible 7

Bathroom Garden Tub

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Detached Garage

Water Source Lake Michigan Public

Total Parking 2

Lot Dimensions 30 x 118

Waterfront Y/N N

* Excluded Features

List By

Chicago Sweet Homes Realty Inc

Broker

dulceramoschicago@gmail.com

Affordability Calculator

$3,052

Per Month

Monthly Principal & Interest: $2,616
Monthly Property Taxes: $435
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$614,831

Percent of Sale Price 45%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5161701 Elementary School

566846 Middle School

Orr Community Academy High Schoo High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/27/2026	$424,900	-1.12%	Price Down
2/18/2026	$429,700	-2.34%	Price Down
1/20/2026	$440,000		Listed Price

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4949 W Iowa Street, Chicago, IL, 60651 is a Multi-Family Home for sale at $424,900 with 2,200 sqft. 4949 W Iowa Street has 7 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 60651 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/30/2026.

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4949 W Iowa Street

Multi-Family Home for sale in Chicago, IL

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