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    4948 W Washington Blvd Chicago, IL 60644

    New
    For Sale
    $485,000

    Residential Income, Brownstone - Chicago, IL

    Days on Market:
    4
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 4948 W Washington Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    APN
    16094230200000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1907
    Architectural style
    Other

    A. Progeny Global (708) 829-0511 [email protected]

    Listing agent Alonzo Abron Jr (708) 629-0935 License #471011313

    Listing date Dec 8, 2025

    MLS# 12327265 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

    Renovated 2-Unit Property in Austin

    Located in Chicago's Austin neighborhood, this renovated 2-unit property presents an investment opportunity. The building, updated in 2022, features upgraded electrical and plumbing systems, new HVAC units in each unit, a newly constructed porch, a new roof, and energy-efficient windows. Both units have updated kitchens with granite countertops and contemporary bathrooms. The upper unit includes 3 bedrooms and 1 bathroom, offering ample living space. The duplex-down unit features 4 bedrooms and 3 bathrooms. Both units are currently occupied, providing immediate cash flow. The property is located a short distance from Columbus Park and major transit lines, providing access to local amenities and downtown Chicago. Market analysis suggests potential rents of $2,000 per month for the upper unit and $2,700 per month for the duplex unit. This property offers a blend of location, updated features, and cash flow potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -87.749734
    Latitude
    41.882144

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    FAQs

    What type of property is this?
    Duplex - Updated Chicago duplex near Columbus Park, generating immediate cash flow.
    Where is this duplex located?
    The property is located at 4948 W Washington Blvd Chicago, IL.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - Fully renovated in 2022 with updated electrical, plumbing, HVAC, roof, and energy-efficient windows.; - Two units provide immediate cash flow potential with strong rental income potential: $2,000 (upper) + $2,700 (lower) per month.; - Spacious 4-bedroom, 3-bathroom duplex-down lower unit, ideal for families.
    (708) 629-0935
    Request Owner's contact information
    4948 W Washington Blvd 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
    4948 W Washington Blvd Chicago, IL 60644
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