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$349,900
12 Days On Site

4844 W Rice Street
Chicago, IL 60651

For Sale|Multi Family|Active Under Contract
4
Beds
2
Total Baths
1913
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of EXIT Strategy Realty
Call Now: 312-767-7744
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312-767-7744
4844 W Rice Street4844 W Rice Street4844 W Rice Street4844 W Rice Street
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Welcome to this fully renovated 2-unit investment property delivering the ideal blend of modern finishes and reliable income potential in the prime pocket of the lively eastern Austin neighborhood. Each unit offers 2 bedrooms, 1 full bathroom, spacious living areas, and updated kitchens designed to attract today's renters. Hardwood flooring runs throughout, complemented by central heating for year-round comfort. Recent upgrades further enhance tenant appeal and operational ease, including newly installed blinds in the dining room, living room, kitchen, and both bedrooms in each unit, ceiling fans added to the living and dining areas, and a washer/dryer hookup in Unit 2-creating additional value and rental flexibility. All appliances and mechanical systems are landlord-owned, providing consistency in maintenance and long-term asset control. This is a true turnkey opportunity for investors seeking immediate cash flow with minimal upfront work. Lease both units for strong returns or take advantage of a house-hack strategy by occupying one while the other offsets your expenses. Bright, sun-filled interiors elevate the overall living experience, while the unfinished basement offers ample storage and future value-add potential. Convenient access to major highways, public transportation, schools, and parks ensures consistent tenant demand and long-term appreciation. A clean, income-producing asset positioned for stability, scalability, and long-term growth.

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Listing Snapshot
Price 
$349,900
Days On Site 
12 Days
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1913
MLS® Number 
12613880
Status 
Active Under Contract
Property Tax 
$4,762.71
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
12 hours agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.06
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
2
Parking 
DetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
UnfinishedFull
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Fencing 
Fenced
Patio And Porch 
Porch
Roof 
Rubber
Community Features
Community Features 
CurbsSidewalksStreet Lights
MLS Area 
CHI - Austin
School District 
Orr Community Academy High Schoo
Township 
West Chicago
Schools
School District
Orr Community Academy High Schoo
Elementary School
Mcnair Elementary School Communi
Middle School
Mcnair Elementary School Communi
High School
Orr Community Academy High Schoo
Listing Courtesy of MRED as distributed by MLS Grid of EXIT Strategy Realty



Based on information submitted to the MLS GRID as of 2026-04-27 12:55 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-04-27 12:55 PM UTC
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