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$485,000
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Property Description
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.
Full Property Details
Full Property Details for 4948 W Washington Blvd
General
- Sold For: $485,000
- Taxes: $4,220 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12327265
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: Lavergne Ave to Washington Blvd to home
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Brownstone
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1907
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 180 x 30 x 180
Financial Considerations
- Assessment Year: 1907
- Tax Amount: $4,220
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16094230200000
Listed by A Progeny Global LLC
Sold by eXp Realty
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Schools
Schools serving 4948 W Washington Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.2 mi |
Marshall Metropolitan High School 3250 West Adams Street, Chicago, IL 60624 | 12-11 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
4948 W Washington Boulevard, Chicago, IL 60644 (MLS# 12327265) is a Multi-Family property that was sold at $485,000 on April 17, 2026. Want to learn more about 4948 W Washington Boulevard? 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.

