4844 West Rice, Chicago IL 60651
- Units 2
- Total Beds 4
- Total Baths 2
- Taxes $4,762.71
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $349,900
- Property Taxes $4,762.71
- Price/ Sq. Ft. Unavailable
- Year Built 1913
- Parking Type Garage
- Status Contingent
Rooms
- Total Rooms 10
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Hardwood Floors
- Unit 2 Stove, Refrigerator, Washer, Dryer, Hardwood Floors
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property N/s Cicero West To Subject Property.
-
Schools
- Elementary School District 299
- School Name Mcnair Elementary School
- Junior High District 299
- School Name Mcnair Elementary School
- High School District: 299
- School Name Orr Community Academy Hig
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Property Taxes
- Tax 4762.71
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 16044280220000
Utilities
- Sewer Sewer-Publ
Listed by: EXIT Strategy Realty | Phone: 312.554.5478
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/1/2026 4:02 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.
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