4844 Rice Street, Austin, Chicago, Illinois 60651
$349,900
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1913 |
| Property Taxes: | $4,763 |
| Days On Market: | 12 |
| Lot Size: | 0,06 |
Description
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1913 | |
| — | |
| — | |
| No | |
| 0.06 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12613880 | |
| 16044280220000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Mcnair Elementary School Communi |
299 | — | |
|
Middle School
Mcnair Elementary School Communi |
299 | Not in DB | |
|
High School
Orr Community Academy High Schoo |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Apr, 2019 | Sold | $115,000 | MRED MLS |
| 8 Apr, 2019 | Under contract | $126,000 | MRED MLS |
| 3 Apr, 2019 | Listed for sale | $126,000 | MRED MLS |
| 31 Aug, 2020 | Sold | $274,900 | MRED MLS |
| 29 Jun, 2020 | Under contract | $274,900 | MRED MLS |
| 25 Jun, 2020 | Listed for sale | $274,900 | MRED MLS |
| 25 Apr, 2026 | Under contract | $349,900 | MRED MLS |
| 14 Apr, 2026 | Listed for sale | $349,900 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $3,807 |
| 2020 | $3,164 |
| 2026 | $4,763 |
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Listing Provided By
EXIT Strategy Realty
