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Property Description
Nestled in the Austin neighborhood of Chicago, this fully renovated two-unit building has been completely gutted and is being given brand new life. Everything is NEW - electrical, plumbing, insulation, flooring, fixtures, appliances, and more. The first-floor unit is duplexed into the basement, offering a total of four bedrooms and two full bathrooms with an average market rent of $2,400/month. The second-floor unit features two bedrooms and one bathroom with an average market rent of $1,800/month. That's a total potential rental income of $4,200/month. Both kitchens boast modern finishes, including white upper cabinets, grey lower cabinets, quartz countertops and a full suite of stainless steel appliances. Each unit will also include its own washer and dryer, high-efficiency forced-air heating system, and central air conditioning condenser. A fenced-in yard leads to a rear parking pad with space for two vehicles. To make this opportunity even sweeter, the seller is offering a closing credit that can be applied toward loan-related expenses or to help buy down your interest rate. INVESTORS - take note: This property is an ideal candidate for a DSCR loan, which looks at your credit and the property's rental income (not your personal income). With $4,200/month in potential rents, this building can easily cover its debt service and generate strong cash flow.. Whether you're an owner-occupant wanting massive space or an investor looking for strong cash flow, this is the building you've been waiting for. Schedule your exclusive tour and come see this one for yourself. It could very well be the one you weren't searching for, but now need.
Full Property Details
Full Property Details for 4907 W Walton St
General
- Sold For: $485,000
- Taxes: $4,852 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12458553
- Added to Site: 141 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors, Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Off-Alley, Yes, Other
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: Augusta Blvd to Cicero Ave, South to Walton St, West to 4907.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Mcnair Elementary School Communi
- Middle School: Mcnair Elementary School Communi
- High School: Orr Community Academy High Schoo
- Private School: Orr Community Academy High Schoo
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick, Limestone
- Exterior Const.: Brick, Limestone
- Basement Desc.: Finished, Exterior Entry, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1913
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 126
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1913
- Tax Amount: $4,852.57
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16044210170000
Listed by @properties Christie's International Real Estate
Sold by Real People Realty
Get Pre-Approved Today
Schools
Schools serving 4907 W Walton St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
McNair School of Excellence 4820 West Walton Street, Chicago, IL 60651 | PK-8 | 0.1 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4907 W Walton St
Date
Details
Price
Change
Source
12/12/2025
Sold
$485,000
—
MLS
8/29/2025
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4907 W Walton Street, Chicago, IL 60651 (MLS# 12458553) is a Multi-Family property that was sold at $485,000 on December 12, 2025. Want to learn more about 4907 W Walton Street? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

