4844 W Rice St

Chicago, IL 60651
  • $349,900

    Price
  • 4

    Bed
  • 2

    Bath
  • 0

    SqFt

Open House Times

  • Sun. Apr. 19 at 12:00pm to 1:00pm

About the Listing 18235 - 109767,897848

Welcome to this fully renovated 2-unit investment property delivering the ideal blend of modern finishes and reliable income potential in the prime pocket of the lively eastern Austin neighborhood. Each unit offers 2 bedrooms, 1 full bathroom, spacious living areas, and updated kitchens designed to attract today's renters. Hardwood flooring runs throughout, complemented by central heating for year-round comfort. Recent upgrades further enhance tenant appeal and operational ease, including newly installed blinds in the dining room, living room, kitchen, and both bedrooms in each unit, ceiling fans added to the living and dining areas, and a washer/dryer hookup in Unit 2-creating additional value and rental flexibility. All appliances and mechanical systems are landlord-owned, providing consistency in maintenance and long-term asset control. This is a true turnkey opportunity for investors seeking immediate cash flow with minimal upfront work. Lease both units for strong returns or take advantage of a house-hack strategy by occupying one while the other offsets your expenses. Bright, sun-filled interiors elevate the overall living experience, while the unfinished basement offers ample storage and future value-add potential. Convenient access to major highways, public transportation, schools, and parks ensures consistent tenant demand and long-term appreciation. A clean, income-producing asset positioned for stability, scalability, and long-term growth.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 12613880
Year Built 1913
Total Square Footage 0
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: CO Detectors
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $4,763
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16044280220000
  • Tax Year: 2024

Payment Calculator

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Questions About..

4844 W Rice St Chicago, IL 60651

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Originating MLS: mred

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