4818 Washington Boulevard, Austin, Chicago, Illinois 60644


$519,900

For Sale
Status: Active
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1914
Property Taxes: $4,486
Days On Market: 65
Lot Size: 0,00
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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 Specifics

Multi-unit
1914
No
Cook
— / —
12457538
16094240300000

Property History

DATE: EVENT: PRICE: SOURCE:
20 Jan, 2012 Sold $32,000 MRED MLS
8 Dec, 2011 Under contract $45,000 MRED MLS
Last price change $60,000 MRED MLS
19 Jul, 2011 Listed for sale $100,000 MRED MLS
8 Oct, 2021 Sold $145,000 MRED MLS
12 Aug, 2021 Under contract $225,000 MRED MLS
12 Jul, 2021 Listed for sale $225,000 MRED MLS
Last price change $525,000 MRED MLS
28 Aug, 2025 Listed for sale $525,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
4500
Not in DB

Tax History

Year Property Taxes
2012 $1,481
2021 $1,831
$4,486

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