Back 4948 West Washington Boulevard
Off Market

4948 West Washington Boulevard

Chicago IL 60644

7
4
2
Multi-Family
Last sold for $485,000
Alonzo Abron JrAlonzo Abron Jr, last sold this property on 17 April 2026 after 378 days on market.

Overview

Discover the potential of this beautifully renovated 2-unit property located in the vibrant Austin neighborhood of Chicago. A short distance from Columbus Park and major transit lines, ensuring easy access to local amenities and downtown Chicago. Recently updated in 2022, this building underwent an extensive renovation that includes: A complete gut renovation. Upgraded electrical and plumbing systems. New HVAC units installed in each unit. A newly constructed porch for enjoyable outdoor living. A brand-new roof and energy-efficient windows. Both units have been thoughtfully designed with modern amenities, featuring updated kitchens equipped with elegant granite countertops and contemporary bathrooms. Upper Unit: This spacious 3-bedroom, 1-bathroom unit offers ample living space and comfortable accommodations. Lower Unit: The duplex-down unit, boasting 4 bedrooms and 3 bathrooms, provides generous living areas, perfect for families or shared living situations. This property represents an excellent investment opportunity, as both units are already occupied, ensuring immediate cash flow. (BOTH TENANTS ARE WILLING TO MOVE) Market analysis suggests that these units could be rented at 2,000 per mo for the upper unit and 2,700 per mo for the duplex unit. Whether you are a homeowner looking for a comfortable living space with added rental income or an investor seeking a profitable asset, this property offers the perfect blend of location, updated features, and cash flow potential. Don't miss this opportunity to own a piece of the Austin community in Chicago.

Features

7 bedrooms
4 bathrooms
2 carspaces
Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 4948 West Washington Boulevard is $487.5k.

Median value
$487.5k
Estimated value range
$280k - $565k
Median days on market
13
Estimated value trend
55%
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 4948 West Washington Boulevard

2026
Sold
$485,000
17 Apr 2026 by Alonzo Abron Jr, of A Progeny Global LLC

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 7 bedroom multi families in Chicago

In the last 12 months, 13 seven-bedroom multi families similar to 4948 West Washington Boulevard, have been sold.

This represents a 30% increase in seven-bedroom multi families sales when compared to the previous 12 months.

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