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$349,900

4844 Rice Street, Chicago, IL 60651
4 Beds2 Baths6 days
4844 Rice Street·Chicago, IL 60651
4Bedrooms
2Bathrooms
1913Year Built
About This Home

Welcome to this fully renovated 2-unit investment property delivering the ideal blend of modern finishes and reliable income potential in the prime pocket of the lively eastern Austin neighborhood. Each unit offers 2 bedrooms, 1 full bathroom, spacious living areas, and updated kitchens designed to attract today's renters. Hardwood flooring runs throughout, complemented by central heating for year-round comfort. Recent upgrades further enhance tenant appeal and operational ease, including newly installed blinds in the dining room, living room, kitchen, and both bedrooms in each unit, ceiling fans added to the living and dining areas, and a washer/dryer hookup in Unit 2-creating additional value and rental flexibility. All appliances and mechanical systems are landlord-owned, providing consistency in maintenance and long-term asset control. This is a true turnkey opportunity for investors seeking immediate cash flow with minimal upfront work. Lease both units for strong returns or take advantage of a house-hack strategy by occupying one while the other offsets your expenses. Bright, sun-filled interiors elevate the overall living experience, while the unfinished basement offers ample storage and future value-add potential. Convenient access to major highways, public transportation, schools, and parks ensures consistent tenant demand and long-term appreciation. A clean, income-producing asset positioned for stability, scalability, and long-term growth.

MLS# 12613880Listed April 14, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1913
Lot Size0.060 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60651

Financial

List Price$349,900
Annual Taxes (2024)$4,763
Monthly Tax Est.$397
Parcel #16044280220000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Concrete Perimeter

Patio & Porch

Porch
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Mcnair Elementary School Communi
District: 299
Middle School
Mcnair Elementary School Communi
District: 299
High School
Orr Community Academy High Schoo
District: 299
Tax & Financial
Annual Taxes
$4,763
Tax Year 2024
Monthly Tax Est.
$397
per month
Property Location

4844 Rice Street, Chicago, IL 60651 — Cook County

$349,900
4844 Rice Street
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
2-car garage
0.060 acres
$4,763/yr taxes
$2,236
estimated monthly payment
Principal & Interest
$1,839/mo
Property Tax
$397/mo
$349,900
20% — $69,980
3%50%
6.875%
3%12%
Loan Amount
$279,920
Down Payment
$69,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
EXIT Strategy Realty
Agent: Nick Libert
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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