4844 W Rice Street, Chicago, IL 60651
Local realty services provided by:Results Realty ERA Powered
Listed by: nick libert, tabren smith
Office: exit strategy realty
MLS#:12613880
Source:MLSNI
Price summary
- Price:$349,900
About this home
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....
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Home facts
- Year built:1913
- Listing ID #:12613880
- Updated:May 16, 2026 at 07:47 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1913
- Lot area:0.06 Acres
- Foundation Description:Concrete Perimeter
Schools
- High school:Orr Community Academy High Schoo
- Middle school:Mcnair Elementary School Communi
- Elementary school:Mcnair Elementary School Communi
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,900
- Tax amount:$4,763 (2024)
Features and amenities
- Amenities:CO Detectors
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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