4920 W Iowa Street
Chicago, IL, 60651
$440,000
7 Beds
3 Baths
0 SqFt
0.09 Acres
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$440,000
4920 W Iowa Street
Chicago, IL, 60651
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Discover an incredible opportunity with this beautifully updated 3-unit building, perfect for investors or anyone looking to house hack in a low multi-unit inventory market. The first and second units each offer 2 bedrooms and 1 bathroom, with appliances. The third unit offers 3 bed rooms and 1 bath and appliances. The second and third unit include washer and dryer for convenience. Sitting on an oversized lot, the property features a large gated parking pad that fits up to 6 cars. The building is fully rent-ready, allowing you to live in one unit while renting out the other two for immediate income potential. Major renovations have already been completed, including a new roof, windows, sump pump, and check valve in 2020, a heating system in 2018, a push-gate installation in 2018, and new front stairs in 2023. These updates provide peace of mind and long-term value for the next owner. Conveniently located just 10 minutes from the 290 expressway, you’ll have quick access to downtown and vibrant north side neighborhoods. Don’t miss out on this rare chance to secure a move-in-ready, income-producing building in a highly desirable Chicago location.

Property Details

Price:
$440,000
MLS #:
MRD12530396
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Subdivision:
Austin Village
Neighborhood:
chiaustin
Listed Date:
Jan 1, 2026
Year Built:
1913
Chi – AustinChiaustinAustin Village

Schools

School District:
299

Interior

Heating
Radiator(s)

Exterior

Construction Materials
Brick
Parking Features
Garage Faces Side, Yes, Owned
Parking Spots
6
Roof
Flat

Financial

Tax Year
2023
Taxes
$4,153
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jan 01, 2026
1,249
Multi Family Listed
97
Avg DOM
$469,730
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    Located in the Austin Village subdivision, 4920 W Iowa Street Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $440,000 To schedule a showing of MLS#mrd12530396 at 4920 W Iowa Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4920 W Iowa Street
Chicago, IL