4844 W Rice Street, Chicago, IL 60651
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: nick libert, tabren smith
Office: exit strategy realty
MLS#:12613880
Source:MLSNI
Price summary
- Price:$349,900
About this home
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....
Contact an agent
Home facts
- Year built:1913
- Listing ID #:12613880
- Updated:June 09, 2026 at 07:44 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1913
- Lot area:0.06 Acres
- Foundation Description:Concrete Perimeter
Schools
- High school:Orr Community Academy High Schoo
- Middle school:Mcnair Elementary School Communi
- Elementary school:Mcnair Elementary School Communi
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,900
- Tax amount:$4,763 (2024)
Features and amenities
- Amenities:CO Detectors
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
New listings near 4844 W Rice Street
- New
$619,000Active3 beds -- baths5484 W Gettysburg Street, Chicago, IL 60630
MLS# 12629780Listed by: COLDWELL BANKER REALTY - New
$299,900Active3 beds 1 baths1,300 sq. ft.5129 S Menard Avenue, Chicago, IL 60638
MLS# 12672318Listed by: BOARDWALK REAL ESTATE LTD - New
$1,180,000Active8 beds 4 baths2648 N Francisco Avenue, Chicago, IL 60647
MLS# 12672333Listed by: HOMETOWN REAL ESTATE GROUP LLC - New
$560,000Active7 beds 4 baths2101 W 51st Street, Chicago, IL 60609
MLS# 12635092Listed by: HOMESMART CONNECT - New
$310,000Active1 beds 1 baths850 sq. ft.545 N Dearborn Street #1703, Chicago, IL 60654
MLS# 12660991Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$285,000Active4 beds 1 baths1,154 sq. ft.7545 S Ridgeland Avenue, Chicago, IL 60649
MLS# 12664759Listed by: COLDWELL BANKER REALTY - New
$389,999Active5 beds 2 baths6018 S Sangamon Street, Chicago, IL 60621
MLS# 12672165Listed by: COMPASS - New
$1,099,000Active3 beds 4 baths2,175 sq. ft.950 N Michigan Avenue #3702, Chicago, IL 60611
MLS# 12652742Listed by: COLDWELL BANKER REALTY - Open Sat, 2 to 4pmNew
$399,999Active3 beds 2 baths1,221 sq. ft.3141 N Richmond Street, Chicago, IL 60618
MLS# 12666180Listed by: GOLDEN CITY REALTY, INC. - New
$1,299,000Active8 beds 3 baths1513 W Addison Street, Chicago, IL 60613
MLS# 12666976Listed by: KELLER WILLIAMS ONECHICAGO