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  • $485,000

    4948 W. Washington, Chicago, IL 60644

    7beds
    --sqft
    Multi Family
    Built in 1907
    -- sqft lot
    $490,500 Zestimate®
    $--/sqft
    $1,607 Estimated rent

    Home value

    $490,500

    $446,000 - $540,000

    $1,607/mo

    Zestimate® history
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    $1,607/mo

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    $1,607/mo

    Rent Zestimate®

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    $3,400/mo

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    $3,400/mo

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    What's special

    Modern amenitiesContemporary bathroomsComfortable accommodationsNewly constructed porchUpdated kitchensAmple living spaceEnergy-efficient windows
    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.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Alonzo Abron Jr 708-829-0511,

    A Progeny Global LLC

    Bought with:

    Alexis Delgado

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12327265MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes
    Lot
    • Size: 5,400 sqft
    • Dimensions: 30X180X30X180
    Details
    • Parcel number: 16094230200000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Brownstone
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1907
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/17/2026Sold$485,000
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    3/10/2026Pending sale$485,000
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    12/8/2025Price change$485,000-3.9%
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    9/23/2025Price change$504,900-1%
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    9/5/2025Price change$509,900-1%
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    8/28/2025Listed for sale$515,000-1.9%
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    5/17/2025Listing removed$524,900
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    4/22/2025Price change$524,9000%
    Source: MRED as distributed by MLS GRID #12327265 Report a problem
    4/3/2025Listed for sale$525,000
    Source: MRED as distributed by MLS GRID #12327265 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Austin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $490,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $490,500