Chicago, IL 60644,4818 W Washington BLVD
Chicago, IL 60644,4818 W Washington BLVD
Chicago, IL 60644,4818 W Washington BLVD
Chicago, IL 60644,4818 W Washington BLVD
Chicago, IL 60644,4818 W Washington BLVD
Chicago, IL 60644,4818 W Washington BLVD
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 499,000
Est. payment | /mo

8 Beds

5 Baths


Save
$ 499,000
Est. payment | /mo
Save

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12457538

Bedrooms 8

Year Built 1914

Annual Tax Amount $4,486

Tax Year 2023

Lot Dimensions 4500

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Cook

Area Chi - Austin

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Septic Tank

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Alonzo Abron Jr of  A Progeny Global LLC 
NEARBY SCHOOL & BUSINESS
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Cardenas Elementary School

    Public | PK - 3

  • 8

    William Hatch Elementary School

    Public | PK - 5

  • 8

    Zapata Elementary School

    Public | PK - 8

  • 7

    Irving Elementary School

    Public | KG - 5

  • 7

    Longfellow Elementary School

    Public | PK - 5

  • 7

    Locke a Elementary Charter Academy

    Public | PK - 8

  • 6

    William Beye Elementary School

    Public | KG - 5

  • 6

    Whittier Elementary School

    Public | PK - 5

  • 6

    Christopher House Charter Elementary School

    Public | KG - 1

  • 6

    Frazier Perspectives Magnet Elementary School

    Public | KG - 8

  • 6

    Casals Elementary School

    Public | KG - 8

  • 5

    Karel Havlicek Elementary School

    Public | KG - 5

  • 5

    Burbank Elementary School

    Public | PK - 8

  • 5

    G. Clark Elementary School

    Public | PK - 8

  • 5

    Ellington Elementary School

    Public | PK - 8

  • 5

    Hanson Park Elementary School

    Public | PK - 8

  • 5

    Horizon Science Academy-Belmont

    Public | KG - 8

  • 5

    Liberty Elementary School

    Public | PK - 3

  • 5

    Lloyd Elementary School

    Public | KG - 5

  • 5

    Hefferan Elementary School

    Public | PK - 8

Middle Schools 9
  • 7

    Lincoln Middle School

    Public | 6 - 8

  • 6

    Percy Julian Middle School

    Public | 6 - 8

  • 5

    Clark Academy Preparatory Magnet High School

    Public | 7 - 12

  • 4

    Freedom Middle School

    Public | 6 - 8

  • 4

    Ames Middle School

    Public | 7 - 8

  • 3

    Unity Jr High School

    Public | 7 - 8

  • 2

    Northwest Middle School

    Public | 6 - 8

  • 2

    Madero Middle School

    Public | 6 - 8

  • 1

    Kelvyn Park High School

    Public | 7 - 12

High Schools 20
  • 10

    Oak Park & River Forest High School

    Public | 9 - 12

  • 9

    Westinghouse High School

    Public | 9 - 12

  • 6

    Prosser Career Academy High School

    Public | 9 - 12

  • 5

    North Lawndale Charter High School

    Public | 9 - 12

  • 4

    Douglass Academy High School

    Public | 9 - 12

  • 4

    Austin Business & Entrepreneurship High School

    Public | 9 - 12

  • 4

    Marshall Metropolitan High School

    Public | 9 - 12

  • 2

    Austin Polytechnical Academy High School

    Public | 9 - 12

  • 2

    Raby High School

    Public | 9 - 12

  • 1

    J Sterling Morton East High School

    Public | 10 - 12

  • 1

    Voise Academy High School

    Public | 9 - 12

  • 1

    J Sterling Morton Freshman Center

    Public | 9 - 9

  • 1

    North-Grand High School

    Public | 9 - 12

  • 1

    Orr Academy High School

    Public | 9 - 12

  • 1

    Farragut Career Academy High School

    Public | 9 - 12

  • 1

    Collins Academy High School

    Public | 9 - 12

  • 0

    Alop Academic Learning Program

    Public | 9 - 12

  • 0

    Fenwick High School

    Private | 9 - 12

  • 0

    Austin Career Education Center

    Private | 10 - 12

  • 0

    Morton Alternative Schools

    Public | 9 - 12

School and business data provided by Attom Data.
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Michael Bempah
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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4818 W Washington BLVD