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.
Active
Price cut: $100 (4/22)
$524,900
4948 W. Washington, Chicago, IL 60644
7beds
--sqft
Est.:
Multi Family
Built in 1907
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern amenitiesContemporary bathroomsNewly constructed porchUpdated kitchensEnergy-efficient windowsBrand-new roofElegant granite countertops
- 29 days
- on Zillow |
- 301 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 01:02am
Listing courtesy of:
Alonzo Abron Jr 708-829-0511,
A Progeny Global LLC
Source: MRED as distributed by MLS GRID,MLS#: 12327265

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Finished,Full
Video & virtual tour
Property
Parking
- Total spaces: 2
Lot
- Size: 5,400 Square Feet
- 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 & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $4,220
- Date on market: 4/3/2025
- Ownership: Fee Simple
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