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Renovated Two-Unit Residential Income

4844 W Rice Street Chicago, IL 60651

4844 W Rice Street, Chicago, IL, 60651
Contact for pricing
For Sale
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Fully renovated 2-unit property with two-bedroom layouts, updated kitchens, and central heating in each unit.

Days on Market100

Property Features for 4844 W Rice Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1913
Listing agency EXIT Strategy Realty
Listed by Nick Libert · License #IL 471016048
Source Crexi
Added: Apr 14 Updated: Jul 21 at 5:35PM Checked: Jul 21 at 5:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Strategy Realty


Investment Insights

Based on property information with market context.

This fully renovated two-unit residential income property offers two-bedroom, one-bath layouts in each unit, with spacious living areas and updated kitchens. Hardwood flooring runs throughout the units, supported by central heating for year-round comfort. Recent improvements include newly installed blinds in the dining room, living room, kitchen, and both bedrooms in each unit, along with ceiling fans in the living and dining areas. Unit 2 includes a washer/dryer hookup, adding convenience and rental flexibility. All appliances and mechanical systems are landlord-owned, helping maintain consistency in maintenance and long-term control. An unfinished basement provides additional storage and potential for future value-add.

The property is positioned within a convenient area with access to major highways, public transportation, schools, and parks, supporting ongoing renter demand.

In practical terms, the configuration is designed for straightforward occupancy across both units, while the basement adds useful space for day-to-day storage and organization.

Key Highlights

  • Fully renovated 2‑unit investment property, each unit with 2 bedrooms and 1 full bathroom
  • Updated kitchens and spacious living areas in both units
  • Hardwood flooring throughout and central heating in each unit

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Dental Office Parking Lot & Garage Computer & Electronic Repair Tech Support Center Garden Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Fully renovated 2-unit property with two-bedroom layouts, updated kitchens, and central heating in each unit.
Where is this duplex located?
The property is located at 4844 W Rice Street Chicago, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Fully renovated 2‑unit investment property, each unit with 2 bedrooms and 1 full bathroom; Updated kitchens and spacious living areas in both units; Hardwood flooring throughout and central heating in each unit
Contact an agent
(773) 542-3781 Call to check price and availability
More about this property
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