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Off Market

4844 W Rice St

Chicago IL 60651

4
2
2
0.06 ac.
Multi-Family
Last sold for $390,000
Nick LibertNick Libert, last sold this property on 10 June 2026 after 56 days on market.

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0.06 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 4844 W Rice St is $375k.

Median value
$375k
Estimated value range
$125.1k - $690k
Median days on market
14
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4844 W Rice St

2026
Sold
$390,000
10 Jun 2026 by Nick Libert, of Exit Strategy Realty
2020
Sold
$274,900
31 Aug 2020 by Angelo Kalaras, of SR Realty Group Inc.
2019
Sold
$115,000
26 Apr 2019 by Timothy Harstead, of Kale Realty

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 4 bedroom multi families in Chicago

In the last 12 months, 32 four-bedroom multi families similar to 4844 W Rice St, have been sold.

This represents a 22% decrease in four-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chicago

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Jose Borjas

Jose Borjas is an award winning recommended agent for Chicago.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (51 reviews)
  •  2 Reviews in Chicago
  •  1 Sale in Chicago
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Sebastian J Hernandez

Sellers who recommend Sebastian J Hernandez have praised them for being responsive, clear communication, local expert, patient, reliable, supportive, and attentive

  •   5   (109 reviews)
  •  5 Sales in Chicago
View profile
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Gregorio Morales

Gregorio Morales is a recommended agent for Chicago.  They have 3 local sales across the last 12 months.

  •  3 Sales in Chicago
View profile
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Grigory Pekarsky

Grigory Pekarsky is a recommended agent for Chicago.  They have 3 local sales across the last 12 months.

  •   5   (2 reviews)
  •  3 Sales in Chicago
View profile
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