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$175,000
4
beds
2
baths

4941 W Iowa Street
Chicago, Illinois 60651

Closed / MLS #12346637 / Multiple Unit (2-4) / Austin
Listing information updated 6/20/2025 at 4:43pm
**Exceptional Investment Opportunity in Austin!** Discover the potential of this solid brick two-flat nestled in the thriving, highly sought-after Austin community! Each spacious unit offers two bedrooms and a formal dining room, with the first-floor unit duplexed down to a basement that was once finished with additional bedrooms and a half bath for added convenience. Whether you're a seasoned investor or a savvy homebuyer, this property presents the perfect canvas to restore and customize. While it does require a vision beyond its current appearance, its strong bones and prime location offer endless possibilities for value-add improvements. Enjoy the perks of a two-car garage and easy access to public transit, shopping, parks, and other nearby amenities-all within walking distance. With strong rental demand and community revitalization in full swing, this is a rare chance to secure a property in one of Chicago's most active neighborhoods. Bring your vision and transform this gem into a stunning income-generating asset!
Exterior Type:
Brick
Basement:
Unfinished,Exterior Entry,Full
Beds Above Grade:
4
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Flat
Parking Type:
Garage - On Site,Garage Owned,Detached,Garage
Parking Spaces:
2
Garage:
Detached
Room Count:
10
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.08
Tax Amount:
$4,430
Tax Year:
2023
Zip Code:
60651
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Trademarks & Associates

Listing Office Phone: 773.306.0352

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/20/2025 at 4:43pm. 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. Some listings have been excluded from this website.

Austin, IL

Austin is one of Chicago’s largest communities, stretching from Garfield Park on the east to Oak Park on the west. The west side community is made up of beautiful parks, historic architecture and four distinct neighborhoods: Galewood, The Island, North Austin and South Austin. South Austin is the...

CTA

CTA
Green line at Laramie
$313,157
Average Sale Price
68
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4941 W Iowa Street, Chicago, IL 60651
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4941 W Iowa Street, Chicago, IL 60651 is a multiple unit (2-4) which sold for $175,000. 4941 W Iowa Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since April 22nd, 2025 and was built in 1913. The nearest transit stops include Laramie CTA Green line.

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