4948 West Washington Boulevard, Chicago, IL

$504,900

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7

Beds

4

Baths

About 4948 West Washington Boulevard

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.

Features of 4948 West Washington Boulevard

MLS® # 12327265
Price $504,900
Bedrooms 7
Bathrooms 4.00
Acres 0.00
Year Built 1907
Type Residential Income
Sub-Type Two to Four Units
Style Brownstone
Status Active

Community Information

Address 4948 West Washington Boulevard
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Parking Spaces 2
Parking On Site
Is Waterfront No
Has Pool No

Interior

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

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 89
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeA Progeny Global LLC
Contact Info708-629-0935

Listing Map

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