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$ 170,000
Est. payment /mo
Active Under Contract
4941 W Iowa Street Chicago, IL 60651
4 Beds
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12346637
Bedrooms 4
Year Built 1913
Annual Tax Amount $4,430
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 30X120
Property Sub-Type Two to Four Units
Property Description
**Exceptional Investment Opportunity in Austin!** Discover the potential of this solid brick two-flat nestled in the thriving, highly sought-after Austin community! Each spacious unit offers two bedrooms and a formal dining room, with the first-floor unit duplexed down to a basement that was once finished with additional bedrooms and a half bath for added convenience. Whether you're a seasoned investor or a savvy homebuyer, this property presents the perfect canvas to restore and customize. While it does require a vision beyond its current appearance, its strong bones and prime location offer endless possibilities for value-add improvements. Enjoy the perks of a two-car garage and easy access to public transit, shopping, parks, and other nearby amenities-all within walking distance. With strong rental demand and community revitalization in full swing, this is a rare chance to secure a property in one of Chicago's most active neighborhoods. Bring your vision and transform this gem into a stunning income-generating asset!
Location
State IL
County Cook
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Tamika Marks • Trademarks & Associates