# 4844 W Rice Street, Chicago, IL 60651

> **TL;DR:** 4bd/2ba residential multi family, $349,900, built 1913. Est. $1,516/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $349,900 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Year Built | 1913 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,516 |
| **Total** | **$1,516** |

## Nearby Schools

- **Elementary:** Mcnair Elementary School Communi
- **Middle:** Mcnair Elementary School Communi
- **High:** Orr Community Academy High Schoo

## Property Highlights

- Built in 1913
- 0.06 acre lot
- 2 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 4844 W Rice Street, Chicago, IL 60651
- **County:** Cook
- **Coordinates:** 41.896187, -87.747658
- **Google Maps:** https://www.google.com/maps?q=41.896187,-87.747658

## Listing Agent

- **Name:** Nick Libert
- **Brokerage:** EXIT Strategy Realty
- **Phone:** (312) 493-0920
- **Email:** nick@nicklibert.com

## Primary Photo

![4844 W Rice Street - Primary Photo](http://lh.rdcpix.com/5e96299dc40163b090b4f3cb72f6ee1fl-f3167379609r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/4844-w-rice-street-chicago-il-60651-12613880)*

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**MLS#:** 12613880 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4844-w-rice-street-chicago-il-60651-12613880)

---

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