4837 W Washington Boulevard
Chicago, IL 60644

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $230,000

About this home

Attention Savvy investors and rehabbers. Here's an exciting opportunity awaiting your expertise at this first time on the market for a 2-unit brick building in the Austin neighborhood. The building has 7 bedrooms and 3 bathrooms, offering ample space for customization and renovation. The first floor features a 3bd/1bth, and the second floor has 4bd/1bth. Each unit has high ceilings and separate living and dining rooms, with plenty of closets and storage space, providing a spacious and versatile layout for potential upgrades to enhance functionality and modernization. The full basement adds extra potential for expansion, allowing you to maximize its value and appeal. PLEASE NOTE that the building has an outstanding water bill and existing building code violations, which require significant TLC and renovation work but present a lucrative opportunity for those skilled in property rehabilitation and ready to take on the project. Don't miss your chance to turn this diamond in the rough into a profitable investment. Call and schedule your tour today.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1911
Parking Total 2
Exterior Building Type Brick
Garage On-Site Yes
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Corporate Limits Chicago
Directions CICERO NORTH TO WASHINGTON WEST TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Subdivision Austin Village
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 3
Full Baths in Building Count 2
Half Baths in Building Count 1
Total Rooms 13
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 4
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 5250
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16094280080000
Special Assessments N
Taxes $2,098
Tax Year 2022
$230,000 Listing Price:
MLS # 11999345
Investment Profile Residential Income
Listing Market Time 59 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 03/07/2024
Year Built 1911
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