IL
Cook
Chicago
60644
4818 W Washington Boulevard
4818 W Washington Boulevard, Chicago, IL 60644
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Listing Type
Multi Family
Listing Status
active
18
$519,900

Home Details for 4818 W Washington Boulevard

Price
$519,900
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
NaN
Year built
1914
County
Cook
Total rooms
16
Garage
2
Basement
Finished, Full
Days on site
26
MLS Listing#
12457538
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.

Property Features
  • Parking
    • On Site
    • Detached
    • Garage
  • Heating Information
    • Natural Gas
    • Electric
  • Basement
    • Finished
    • Full
  • Water Features
    • Public
Listing Courtesy: A Progeny Global LLC - 708-629-0935
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-23 03:00:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-23 03:00:07
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Market statistics compiled from data from Midwest Real Estate Data.
EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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