4941 W Iowa Street Chicago, IL $ 539,000
4941 W Iowa Street
$ 539,000
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4941 W Iowa Street

Chicago, IL, 60651
$ 539,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 3,319

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Multi-Family Home for sale in Chicago, IL

for $539,000 with 7 bedrooms and 3 full baths. This home was built in 1913 on a lot size of 0.08.

An exceptional, fully refreshed brick 2-unit residence offering refined finishes, generous living space, and long-term versatility. This thoughtfully designed property features a 4-bedroom, 2-bath duplex alongside a separate 3-bedroom, 1-bath unit, delivering a rare balance of elevated living and built-in value. Both units showcase brand-new kitchens and baths, sleek modern finishes, separate utilities, and dedicated laundry areas, providing privacy, efficiency, and ease of ownership. Exterior improvements include a updated rear porch, private patio, ample rear yard, and a 2-car garage, creating a seamless indoor-outdoor lifestyle. Located in the heart of Chicago's historic Austin community, the property is near beloved neighborhood landmarks such as Columbus Park, known for its scenic lagoons and trails, Austin Town Hall Park, and the cultural hub of Columbus Park Refectory. Convenient access to shopping, dining, public transportation, and major thoroughfares adds to the location's everyday appeal. The 2-unit configuration offers flexibility for a range of living arrangements while also presenting the opportunity to offset ownership costs through the secondary residence, all without sacrificing style or comfort. A rare opportunity to own a turnkey, luxury-quality 2-unit building in a community rich in history, architecture, and green space-schedule your private showing today.

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Multi-Family Active

Price

$ 539,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,022

Style

Lot Size

0.08

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12536632

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Flat
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1913
Township West Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions Chicago Avenue E/W to Lawler North to Iowa East to subject.
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 5022.73
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Full
Total Bedrooms 7
Room Type Utility Room-Lower Level
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Exterior Amenities Balcony
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 30X120
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
Trademarks & Associates

Broker

marksrealtor@yahoo.com

Email

Affordability Calculator

$3,737
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,319
Monthly Property Taxes
$419
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
1/31/2026$539,000 Listed Price

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4941 W Iowa Street, Chicago, IL, 60651 is a Multi-Family Home for sale at $539,000 with a lot size of 0.08. 4941 W Iowa Street has 7 bedrooms, 3.0 baths, and was built in 1913. The property's zip code is 60651 which is in Chicago, IL