4818 West Washington Boulevard, Chicago, IL, 60644

$519,900

8

Beds

5

Baths

About 4818 West Washington Boulevard

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.

Additional Information: This property is located in the CHI - Austin neighborhood, IL. This 8 bedrooms two to four units property is priced at $519,900.

Facts & Features

MLS® # 12457538
Price $519,900
Bedrooms 8
Bathrooms 5.00
Taxes $4,486
Acres 0.00
Year Built 1914
Type Residential Income
Sub-Type Two to Four Units
Status Re-activated

Community Information

Address 4818 West Washington Boulevard
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Parking Spaces 2
Parking On Site, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Electric
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 42
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $4,486

Listing Details

OfficeA Progeny Global LLC
Contact Info708-629-0935

Listing Map

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