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    4702 W Ohio St Chicago, IL 60644

    New
    For Sale
    $449,000

    Residential Income - Chicago, IL

    Lot size:
    0.06 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 4702 W Ohio St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    16101060330000
    Parking
    4
    Exterior features
    Balcony
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1895
    Architectural style
    Other

    REMAX Premier (312) 656-4584 [email protected]

    Listing agent Brenda Martinez (773) 435-1600 License #475199536

    Listing date Dec 5, 2025

    MLS# 12528376 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Flat on Double Lot

    This two-flat property is located in the Austin neighborhood of Chicago. Situated on a double lot, the fenced property features two units that have been gut rehabbed to the studs with city permits. The property includes new electricity, plumbing, and HVAC systems, as well as durable fiber cement siding. The first-floor apartment has 2 bedrooms, 1 bath, a modern open layout with an island, hardwood floors, white kitchen cabinets, and quartz countertops. The second floor, filled with natural light, includes sliding doors to a spacious deck, 2 bedrooms, 1 bath, an open layout with an island, and a bonus room with laundry hookups. Each unit has its own furnace and A/C for central heat and air. The partially finished basement has 8 ft ceilings and foam insulation, offering potential for a bonus or recreation room, and includes a second set of laundry hookups. The property's double lot allows for parking for 6+ cars and includes a large side yard. The property is intended for residential income, with the potential to live in one unit and rent the other.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gutters, Soffit & Facia Gutter Cleaning Service Edwin's Roofing and Gutters ... Roofing Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7436729
    Latitude
    41.8916766

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    FAQs

    What type of property is this?
    Duplex - Rehabbed two-unit property with modern amenities and development potential.
    Where is this duplex located?
    The property is located at 4702 W Ohio St Chicago, IL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Gut rehabbed with city permits: Enjoy the peace of mind that comes with new electricity, plumbing, and HVAC systems.; - Two separate units: Live in one and rent the other for immediate income potential.; - Double lot with ample parking: Space for 6+ cars and a large side yard.
    (773) 435-1600
    Request Owner's contact information
    4702 W Ohio St Chicago, IL 60644
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    Chicago, IL 60644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4702 W Ohio St Chicago, IL 60644
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