4818 West Washington, Chicago IL 60644
- Units 3
- Total Beds 8
- Total Baths 5
- Taxes $4,486
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
Well-maintained and updated 3-unit brick property in Chicago's South Austin neighborhood. This building offers two large 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, each featuring modern kitchens with granite countertops, upgraded bathrooms, newer HVAC, and in-unit washer/dryer hookups. The combination of modern upgrades and classic Chicago architecture makes this property highly desirable for tenants and investors alike. Current leases provide steady cash flow, with several tenants on flexible lease terms, allowing an investor to reposition rents to market levels quickly. Market analysis supports $1,800/month for the 3-bedroom units and $1,300/month for the 2-bedroom unit, creating strong rent growth potential. Recent improvements include updated building systems, refreshed interiors, energy-efficient windows, and rebuilt porches, reducing near-term maintenance and improving long-term stability. Perfect opportunity for investors seeking a solid, income-producing property with upside potential in one of Chicago's most accessible West Side communities.
Features & Information
Key Details
- List Price $525,000
- Property Taxes $4,486
- Price/ Sq. Ft. Unavailable
- Year Built 1914
- Parking Type Garage
- Status New
Rooms
- Total Rooms 16
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas, Electric
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property From Central Ave, Head East On Washington Blvd To Property, Located Near The Corner Of Washington Blvd And Cicero Ave.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4486
- Tax Year 2023
- Parcel Identification Number 16094240300000
Utilities
- Sewer Septic-Pri
Listed by Alonzo Abron Jr for A Progeny Global LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/2/2025 3:02 AM. 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.
Explore South Austin
With wide boulevards, plenty of park space, inexpensive housing and convenient transportation options, South Austin is a Chicago neighborhood on the rise. Civic organizations are an active part of South Austin's community culture, working with residents and local businesses to revitalize the area and create an attractive and pleasant environment. A classic farmer's market sets up shop in the heart of South Austin every week during the warm weather months, and year round recreational activities are always going on at the neighborhood's popular Columbus Park fieldhouse. A nine-hole golf course makes it easy for South Austiners to keep those tee times and summertime movies and concerts in the park are a great evening event for the whole family to enjoy.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
