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4844 W Rice Street
Chicago IL 60651 US

$349,900

Active Listing ID 12613880
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4 bed
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2.00 Bath (2 Full)
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Lot: 0.06 Acres
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Other

$349,900

Active Listing ID 12613880
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4844 W Rice Street 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.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Rubber
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Mcnair Elementary School Communi(Elementary)
  • Mcnair Elementary School Communi(MiddleSchool)
  • Orr Community Academy High Schoo(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 349900
  • unparsedaddress: 4844 W Rice Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60651
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.06
  • lotsizeunits: Acres
  • lotsizearea: 0.06
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.896187
  • longitude: -87.747658
  • listagentfullname: Nick Libert
  • listagentemail: nick@nicklibert.com
  • listagentkey: 3yd-MREDIL-109767
  • listagentmlsid: 109767
  • listagentpreferredphone: (312) 493-0920
  • listagentofficephone: 7735423781
  • listofficekey: 3yd-MREDIL-18235
  • listofficemlsid: 18235
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1913
  • listingcontractdate: 2026-04-14
  • listagenturl: http://www.chicagolandshortsale.com
  • countyorparish: Cook
  • parcelnumber: 16044280220000
  • elementaryschool: Mcnair Elementary School Communi
  • highschool: Orr Community Academy High Schoo
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Garage
  • roof: Rubber
  • waterfrontyn: False
  • franchiseaffiliation: EXIT Realty
  • rooms: Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Basement
  • patioandporchfeatures: Porch
  • basement: Unfinished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.74766, 41.896187
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MREDIL-12613880", "OpenHouseEndTime": "2026-04-19 13:00:00", "OpenHouseId": "3186052", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-04-19 12:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Exit Strategy Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nick@nicklibert.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nick@nicklibert.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Exit Strategy Realty", "ListBrokeragePhone":"(312) 493-0920", "ListBrokeragePostalCode":"60657", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1300 W Belmont", "ListBrokerageWebsiteUrl":"http://www.chicagolandshortsale.com", "ListOfficeAddress1":"2935 N. Clark St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"18235", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"nick@nicklibert.com", "ListOfficePostalCode":"60657", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4844-W-Rice-St_Chicago_IL_60651_M74993-02249?f=listhub&s=MREDIL&m=12613880&c=rexren", "MLSModificationTimestamp":"2026-04-16 19:08:03", "Neighborhoods":[{"Description":null, "Name":"CHI - Austin"}], "PostalCode":null, "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4763, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/16/2026 7:18:25 PM GMT
Source Updated Date: 4/19/2026 12:53:21 PM GMT

Courtesy of: Nick Libert, EXIT Strategy Realty, nick@nicklibert.com

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.