$519,900

4818 W Washington Boulevard, Chicago, IL 60644

  • 8 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Well-maintained and updated 3-unit brick property in Chicago's South Austin neighborhood. This building offers two large 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, each featuring modern kitchens with granite countertops, upgraded bathrooms, newer HVAC, and in-unit washer/dryer hookups. The combination of modern upgrades and classic Chicago architecture makes this property highly desirable for tenants and investors alike. Current leases provide steady cash flow, with several tenants on flexible lease terms, allowing an investor to reposition rents to market levels quickly. Market analysis supports $1,800/month for the 3-bedroom units and $1,300/month for the 2-bedroom unit, creating strong rent growth potential. Recent improvements include updated building systems, refreshed interiors, energy-efficient windows, and rebuilt porches, reducing near-term maintenance and improving long-term stability. Perfect opportunity for investors seeking a solid, income-producing property with upside potential in one of Chicago's most accessible West Side communities.

Listing Status:
Active
Listing Office:
A Progeny Global LLC : 708-829-0511
Listing Agent:
Alonzo Abron Jr : 708-829-0511
MLS ID:
12457538
  • Basement: FinishedFull
  • Heating: Natural GasElectric

This listing courtesy of Alonzo Abron Jr, A Progeny Global LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Spencer Technology Academy Elementary School

214 N Lavergne Ave, Chicago, IL, 60644

Grades PK-8

0.30 miles away

S

Spencer Technology Academy Elementary School

214 N Lavergne Ave, Chicago, IL, 60644

Grades PK-8

0.30 miles away

Y

Yccs-Scholastic Achievement High School

4651 W Madison St, Chicago, IL, 60644

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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