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  • $390,000

    4844 W Rice St, Chicago, IL 60651

    4beds
    --sqft
    Multi Family
    Built in 1913
    -- sqft lot
    $356,000 Zestimate®
    $--/sqft
    $2,155 Estimated rent

    Home value

    $356,000

    $338,000 - $374,000

    $2,155/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Nick Libert, ABR,CIPS,GREEN,MRP,PSA,RSPS 312-554-5478,

    EXIT Strategy Realty,

    Tabren Smith 872-324-3061,

    EXIT Strategy Realty

    Bought with:

    Enri Gamez

    RISING REALTY LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12613880MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    Lot
    • Size: 2,613 sqft
    • Dimensions: 25 X 125
    Details
    • Parcel number: 16044280220000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/10/2026Sold$390,000+11.5%
    Source: MRED as distributed by MLS GRID #12613880 Report a problem
    4/21/2026Listing removed$349,900
    Source: EXIT Realty broker feed #12613880 Report a problem
    4/15/2026Listed for sale$349,900+27.3%
    Source: MRED as distributed by MLS GRID #12613880 Report a problem
    8/31/2020Sold$274,900
    Source: MRED as distributed by MLS GRID #10760430 Report a problem
    7/2/2020Pending sale$274,900
    Source: SR Realty Group Inc. #10760430 Report a problem
    6/26/2020Listed for sale$274,900+139%
    Source: SR Realty Group Inc. #10760430 Report a problem
    5/8/2019Sold$115,000-8.7%
    Source: Public Record Report a problem
    4/9/2019Pending sale$126,000
    Source: Ready Properties Inc #10330639 Report a problem
    3/26/2019Price change$126,000-8%
    Source: Ready Properties Inc #10330639 Report a problem
    3/7/2019Price change$137,000-2.1%
    Source: Ready Properties Inc #10330639 Report a problem
    2/19/2019Price change$139,900-12.6%
    Source: Ready Properties Inc #10276156 Report a problem
    2/9/2019Listed for sale$159,999
    Source: Kale Realty #10254731 Report a problem
    2/4/2019Pending sale$159,999
    Source: Kale Realty #10254731 Report a problem
    1/22/2019Listed for sale$159,999+45.6%
    Source: Kale Realty #10254731 Report a problem
    2/19/2016Listing removed--
    Source: Auction.com Report a problem
    1/29/2016Listed for sale--
    Source: Auction.com Report a problem
    3/13/2015Listing removed--
    Source: Auction.com Report a problem
    2/26/2015Listed for sale--
    Source: Auction.com Report a problem
    11/6/2014Listing removed--
    Source: Auction.com Report a problem
    10/7/2014Listed for sale--
    Source: Auction.com Report a problem
    4/22/2009Listing removed$109,900
    Source: Z57 #07073748 Report a problem
    1/15/2009Price change$109,900-12%
    Source: Z57 #07073748 Report a problem
    11/16/2008Listed for sale$124,900
    Source: Z57 #07073748 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $27,000 +17.4%
    2023$4,853 +2.6%$22,999
    2022$4,730 +2.3%$22,999
    2021$4,625 +21.3%$22,999 +34.4%
    2020$3,813 +18.5%$17,117 -12%
    2019$3,219 +1.7%$19,452
    2018$3,164 -16.9%$19,452 -7.6%
    2017$3,808 +2.4%$21,063
    2016$3,719 +10%$21,063
    2015$3,379 +9.9%$21,063 +10%
    2014$3,076 +2.4%$19,145
    2013$3,004 +0.5%$19,145
    2012$2,988 +7.3%$19,145 -9.8%
    2011$2,785 +4.5%$21,226
    2010$2,665 +11.8%$21,226
    2009$2,384 +49.9%$21,226 -1.8%
    2008$1,591 -10.2%$21,613
    2007$1,771 +15.8%$21,613
    2006$1,530 -5.1%$21,613 +41.1%
    2005$1,613 +1.9%$15,318
    2004$1,583 +4.5%$15,318
    2003$1,515 -5.4%$15,318 +42.6%
    2002$1,602 +6.1%$10,740
    2001$1,509 +28.9%$10,740
    2000$1,171 +0.4%$10,740 +32.7%
    1999$1,166 $8,094

    Find assessor info on the county website

    Neighborhood: South Austin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mcnair Elementary School Communi
    • Middle: Mcnair Elementary School Communi
    • High: Orr Community Academy High Schoo
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $356,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $356,000