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.

Property Details

PRICE
$485,000
BEDROOMS
7
BATHROOMS
4
SQFT
N/A
YEAR BUILT
1907
PARKING SPOTS
N/A
MLS #
12327265
FULL ADDRESS
4948 4948 Washington Boulevard
CITY
Chicago, IL
ZIP
60644

Listing Details

Listing Office
A Progeny Global LLC
Listing Agent
Alonzo Abron Jr
Contact
708-629-0935
Last Data Update
2026-04-20T18:23:25Z

Interior

BATHROOMS
4 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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