See all 16 photos
$170,000
Est. payment /mo
4 Beds
2 Baths
3,484 Sqft Lot
Active Under Contract
4941 W Iowa ST Chicago, IL 60651
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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
Area Chi - Austin
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
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

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tamika Marks • Trademarks & Associates
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