ClosedPrice Reduced

$485,000

$525,000
4948 Washington Boulevard, Chicago, IL 60644
7 Beds4 Baths238 days
4948 Washington Boulevard·Chicago, IL 60644
7Bedrooms
4Bathrooms
1907Year Built
About This Home

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.

MLS# 12327265Listed April 3, 2025Residential IncomeBrownstone
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms13

Size & Structure

Year Built1907
Lot Size30X180X30X180

Location

CountyCook
TownshipWest Chicago
Zip Code60644

Financial

List Price$485,000
Original Price$525,000
Annual Taxes (2023)$4,220
Monthly Tax Est.$352
Parcel #16094230200000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Yes
Tax & Financial
Annual Taxes
$4,220
Tax Year 2023
Monthly Tax Est.
$352
per month
Price Reduced by $40,000
Original list price: $525,000
Property Location

4948 Washington Boulevard, Chicago, IL 60644 — Cook County

$485,000
4948 Washington Boulevard
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
238 days on market
30X180X30X180
$4,220/yr taxes
Price reduced $40,000
$2,901
estimated monthly payment
Principal & Interest
$2,549/mo
Property Tax
$352/mo
$485,000
20% — $97,000
3%50%
6.875%
3%12%
Loan Amount
$388,000
Down Payment
$97,000

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

Listed by
A Progeny Global LLC
Agent: Alonzo Abron Jr
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