SOLD JUN 10, 2026

Sold on Jun 2026

$390,000

•

—

sq ft

4844 W Rice St, Chicago, IL 60651

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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.

Multi-familyProperty Type

1913Year Built

2,613 sq ftLot Size

2 car garageParking

Listed by Nick Libert • EXIT Strategy Realty

Listed by Tabren Smith • EXIT Strategy Realty

Bought with Enri Gamez • RISING REALTY LLC

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12613880

Redfin Estimate

$383,402

$6,598 since sold in June 2026$5,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.2% higher than the average sale price ($375K) of 5 comparable homes.

SOLD JUL 20, 2026
$390,000
A
4 beds2 baths1,800 sq ft
945 N Lawler Ave, Chicago, IL 60651
SOLD MAR 11, 2026
$285,000
B
4 beds2 baths1,358 sq ft
4636 W Erie St, Chicago, IL 60644
SOLD JAN 12, 2026
$315,000
C
4 beds2.5 baths1,800 sq ft
4924 W Walton St, Chicago, IL 60651
SOLD JUL 30, 2026
$435,000
D
5 beds2 baths— sq ft
921 N Leclaire Ave, Chicago, IL 60651
SOLD FEB 6, 2026
$449,900
E
5 beds2 baths— sq ft
1024 N Lawler Ave, Chicago, IL 60651

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Market trends in South Austin, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

0.5% MoM

Median sale price

$310K

$15K MoM

Avg. days on market

102d

0 days MoM

Recently sold homes

2 MoM

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Sale and tax history for 4844 W Rice St

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #12613880

Jun 10, 2026

Sold (MLS) (Closed)

$390,000

Apr 26, 2026

Contingent (Contingent - Continue to Show)

—

Apr 14, 2026

Listed (Active)

$349,900

Public Records

Oct 1, 2020

Sold

$275,000

MRED as Distributed by MLS Grid #10760430

Aug 31, 2020

Sold (MLS) (Closed Sale)

$274,900

Aug 27, 2020

Pending

—

Jul 2, 2020

Pending (Contingent)

—

Jun 25, 2020

Listed (New)

$274,900

+19

Vacant & easy to show. 3D Tour. Newly renovated units featuring 2 bedrooms, 1 full bathroom, living room and kitchen. All work completed with approved City of Chicago plans and permits. New plumbing, electrical, flooring, furnace and A/C, windows, roof and porch. Everything has been completed. Live in one unit and rent the other, or rent out both units and collect an income. Either way, this is a win-win situation. Close proximity to highway, public transportation, schools and parks. This is a must see!!! Bring your FHA buyers!!!

MRED as Distributed by MLS Grid #10330639

Apr 26, 2019

Sold (MLS) (Closed Sale)

$115,000

Apr 9, 2019

Contingent

—

Apr 3, 2019

Listed (New)

$126,000

MRED as Distributed by MLS Grid #10300900

Apr 3, 2019

Listing Removed

—

Mar 26, 2019

Price Changed

Mar 7, 2019

Listed (New)

MRED as Distributed by MLS Grid #10276156

Mar 7, 2019

Listing Removed

—

Feb 19, 2019

Listed (New)

MRED as Distributed by MLS Grid #10254731

Feb 17, 2019

Listing Removed

—

Feb 9, 2019

Relisted (Reactivated)

—

Feb 4, 2019

Contingent

—

Jan 22, 2019

Listed (New)

MRED as Distributed by MLS Grid #08054262

May 2, 2013

Listing Removed

—

Jan 2, 2013

Contingent

—

Dec 17, 2012

Price Changed (Price Change)

Nov 8, 2012

Price Changed (Reactivated)

Nov 8, 2012

Relisted (Reactivated)

—

May 29, 2012

Contingent

—

Apr 29, 2012

Listed (New)

MRED as Distributed by MLS Grid #07073748

Apr 20, 2009

Listing Removed

—

Jan 14, 2009

Price Changed

Nov 14, 2008

Listed

Public Records

Jul 26, 1993

Sold

$55,000

Year

Property tax

Land + Additions

Assessment*

2023

$4,853 (+2.6%)

$2,873 + $20,126

$22,999

2022

$4,730 (+2.3%)

$2,873 + $20,126

$22,999

2021

$4,625 (+21.3%)

$2,873 + $20,126

$22,999

2020

$3,813 (+18.5%)

$2,571 + $14,546

$17,117

2019

$3,219 (+1.7%)

$2,571 + $16,881

$19,452

2018

$3,164 (−16.9%)

$2,571 + $16,881

$19,452

2017

$3,808 (+2.4%)

$2,268 + $18,795

$21,063

2016

$3,719 (+10.0%)

$2,268 + $18,795

$21,063

2015

$3,379 (+9.9%)

$2,268 + $18,795

$21,063

2014

$3,075 (+2.4%)

$2,117 + $17,028

$19,145

2013

$3,003 (+0.5%)

$2,117 + $17,028

$19,145

2012

$2,988 (+7.3%)

$2,117 + $17,028

$19,145

2011

$2,785 (+4.5%)

$3,176 + $18,050

$21,226

2010

$2,665 (+11.8%)

$3,176 + $18,050

$21,226

2009

$2,384 (+49.9%)

$3,176 + $18,050

$21,226

2008

$1,591 (−10.2%)

$3,872 + $17,741

$21,613

2007

$1,771

$3,872 + $17,741

$21,613

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,025 Sq. Ft.

Year renovated

—

Sq. Ft.

3,034

Year built

1913

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

16044280220000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 2026.

RS-3

Residential Single-Unit (Detached House) District

The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space

Property details

Parking

Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking Features: Garage Owned, Detached, Garage

Interior

Virtual Tour
Additional Media Type 1: 3D Tour

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Additional Rooms Information
Basement: Unfinished, Full

Interior Features
# of Rooms: 10

Equipment
CO Detectors

Community Information
Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 878
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Hardwood Floors
Security Deposit: 0
Rent: $1,200
Tenant Pays: All
Lease Expiration Date: MTM

Unit Type 2 Information
Floor Number: 2
Sq. Ft.: 906
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Hardwood Floors
Tenant Pays: All
Lease Expiration Date: OWNER

Exterior

Exterior Features
Patio And Porch Features: Porch

Building Information
# Of Units in Building: 2
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Rubber
Foundation Details: Concrete Perimeter
Construction Materials: Brick

Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 16044280220000
Fencing: Fenced

Lot Information
Dimensions: 25 X 125
Lot Size: Less Than .25 Acre
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $4,762.71
Tax Year: 2024
Tax Exemptions: Homeowner

Financial Information
Finance Code: FHA
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air

Location

School Information
Elementary School District: 299
Elementary School: Mcnair Elementary School Communi
Middle Or Junior School District: 299
Middle Or Junior School: Mcnair Elementary School Communi
High School District: 299
High School: Orr Community Academy High Schoo

Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: N/S Cicero West to Subject Property.

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 3,034
Stories: 2.0
Lot Size: 3,025 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1913
Year Renovated: —
County: Cook County
APN: 16044280220000

Home facts updated by county records on Jul 11, 2026

Other

Expense Information
Water Sewer Expense: $2,769
Water Expense Source: Owner Projection

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

McNair School of Excellence

Public PreK-8 • Assigned • 0.1mi

4/10

Orr Academy High School

Public 9-12 • Assigned • 1.1mi

1/10

Provided by GreatSchools

Climate risks

3/10 Flood Factor

Estimated 10-14% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60651

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

53/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

5.6 hrs

3.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$365,000 – $441,000

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Home values near 4844 W Rice St

Data from public records.

Address	Redfin Estimate
4849 W Rice Street, Chicago, IL 4 Beds \| 2 Baths \| 2400 Sq. Ft.	$301,563
4835 W Rice Street, Chicago, IL 4 Beds \| 2 Baths \| 2790 Sq. Ft.	—

Address	Redfin Estimate
4851 W Rice Street Unit 1, Chicago, IL 4 Beds \| 2.5 Baths \| 2400 Sq. Ft.	$360,064
4839 W Rice Street, Chicago, IL 4 Beds \| 2.5 Baths \| 2302 Sq. Ft.	—

Address	Redfin Estimate
4853 W Rice Street Unit 1, Chicago, IL 4 Beds \| 2 Baths \| 2400 Sq. Ft.	—
4843 W Rice Street, Chicago, IL 4 Beds \| 2 Baths \| 2302 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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4844 W Rice St, Chicago, IL 60651

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About this home

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Market trends in South Austin, IL

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Sale and tax history for 4844 W Rice St

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

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Home values near 4844 W Rice St

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