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    4920 W Iowa St Chicago, IL 60651

    Sponsored
    For Sale
    $440,000

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.09 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 4920 W Iowa St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 3
    Bedrooms
    7
    Bathrooms
    3
    APN
    16044210320000
    Parking
    6
    Parking features
    Owned, Garage
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Other (Heating)

    Building Details

    Year built
    1913
    Building materials
    Brick
    Roof type
    Flat

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Humberto Manzo Bustos (888) 574-9405

    Listing date Jan 7, 2026

    MLS# 12530396 Listing URL

    Copyright © 2026 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

    Updated Multi-Unit Building in Chicago

    This updated 3-unit building presents an opportunity for investors or those looking to house hack. The property contains two units with 2 bedrooms and 1 bathroom each, and one unit with 3 bedrooms and 1 bathroom. All units include appliances, and the second and third units also feature a washer and dryer. Situated on an oversized lot of 0.09 acres, the property includes a large gated parking pad accommodating up to 6 cars. The building is rent-ready, offering immediate income potential. Renovations include a new roof, windows, sump pump, and check valve in 2020, a heating system in 2018, a push-gate installation in 2018, and new front stairs in 2023. Located in Chicago, Illinois, the property is approximately 10 minutes from the 290 expressway, providing access to downtown and north side neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.749226
    Latitude
    41.897065

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    FAQs

    What type of property is this?
    Triplex - Updated 3-unit building, rent-ready, income potential, convenient location.
    Where is this triplex located?
    The property is located at 4920 W Iowa St Chicago, IL.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - Income-producing 3-unit building in a desirable Chicago location, ideal for investors or house hacking.; - Fully rent-ready with immediate income potential, allowing you to live in one unit and rent out the others.; - Major renovations completed, including a new roof, windows, sump pump, check valve (2020), heating system (2018), push-gate (2018), and front stairs (2023).
    (888) 574-9405
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    4920 W Iowa St Chicago, IL 60651
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    Chicago, IL 60651
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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
    4920 W Iowa St Chicago, IL 60651
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