4907 W Walton Street
Chicago, IL, 60651
$485,000
6 Beds
3 Baths
0 SqFt
0 Acres
Add
Add
$485,000
4907 W Walton Street
Chicago, IL, 60651
MLS #MRD12458553 image #0MLS #MRD12458553 image #1
Nestled in the Austin neighborhood of Chicago, this fully renovated two-unit building has been completely gutted and is being given brand new life. Everything is NEW – electrical, plumbing, insulation, flooring, fixtures, appliances, and more. The first-floor unit is duplexed into the basement, offering a total of four bedrooms and two full bathrooms with an average market rent of $2,400/month. The second-floor unit features two bedrooms and one bathroom with an average market rent of $1,800/month. That’s a total potential rental income of $4,200/month. Both kitchens boast modern finishes, including white upper cabinets, grey lower cabinets, quartz countertops and a full suite of stainless steel appliances. Each unit will also include its own washer and dryer, high-efficiency forced-air heating system, and central air conditioning condenser. A fenced-in yard leads to a rear parking pad with space for two vehicles. To make this opportunity even sweeter, the seller is offering a closing credit that can be applied toward loan-related expenses or to help buy down your interest rate. INVESTORS – take note: This property is an ideal candidate for a DSCR loan, which looks at your credit and the property’s rental income (not your personal income). With $4,200/month in potential rents, this building can easily cover its debt service and generate strong cash flow.. Whether you’re an owner-occupant wanting massive space or an investor looking for strong cash flow, this is the building you’ve been waiting for. Schedule your exclusive tour and come see this one for yourself. It could very well be the one you weren’t searching for, but now need.

Property Details

Price:
$485,000
MLS #:
MRD12458553
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Aug 29, 2025
Year Built:
1913
Chi – AustinChiaustinMcnair Elementary School CommuniMcnair Elementary School CommuniOrr Community Academy High Schoo

Schools

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

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick, Limestone
Parking Features
Off Alley, On Site, Other
Parking Spots
2
Roof
Flat

Financial

Tax Year
2023
Taxes
$4,853
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Oct 06, 2025
1,487
Multi Family Listed
80
Avg DOM
$501,238
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12458411broker reciprocity
4829 N Karlov Avenue
Chicago, IL

$629,000

0.1 miles away

broker reciprocity
MLS# MRD12292862broker reciprocity
5710 W Leland Avenue
Chicago, IL

$625,000

4.2 miles away

broker reciprocity
MLS# MRD12472744broker reciprocity
2009 N Bingham Street
Chicago, IL

$625,000

3.6 miles away

broker reciprocity
MLS# MRD12482873broker reciprocity
1326 W 18th Place
Chicago, IL

$625,000

3.1 miles away

broker reciprocity
MLS# MRD12427971broker reciprocity
4125 W School Street
Chicago, IL

$624,999

1.0 miles away

broker reciprocity
MLS# MRD12426242broker reciprocity
3326 W Crystal Street
Chicago, IL

$619,900

4.0 miles away

broker reciprocity
MLS# MRD12488165broker reciprocity
2526 W Monroe Street
Chicago, IL

$619,000

4.2 miles away

broker reciprocity
MLS# MRD12438835broker reciprocity
4039 N Melvina Avenue
Chicago, IL

$600,000

1.8 miles away

broker reciprocity
MLS# MRD12488516broker reciprocity
952 N Avers Avenue
Chicago, IL

$600,000

3.0 miles away

broker reciprocity
MLS# MRD12443503broker reciprocity
3912 W Congress Parkway
Chicago, IL

$599,999

1.3 miles away

Property Summary

    4907 W Walton Street Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $485,000 To schedule a showing of MLS#mrd12458553 at 4907 W Walton Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4907 W Walton Street
Chicago, IL