4844 W Rice Street — Chicago, IL 60651
Active Under Contract
Chicago, IL 60651

4844 W Rice Street

$349,900
4 beds · 2 baths
Listed at $349,900 7 days on market $4,763/yr taxes
01About 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.

02Inside the home
03By the numbers
$349,900
List price
Square feet
4
Bedrooms
2
Bathrooms
1913
Year built
0.06 ac
Lot size
2
Garage spaces
$4,763
Annual taxes
Two to Four Units
Style
7
Days on market
04Features
Heating
Natural GasForced Air
Parking
Garage OwnedDetachedGarage
Construction
Brick
Equipment
CO Detectors
Sewer
Public Sewer
05Neighborhood
E Elementary school
Mcnair Elementary School Communi
Chicago, IL
M Middle school
Mcnair Elementary School Communi
Chicago, IL
H High school
Orr Community Academy High Schoo
Chicago, IL
  • McDonald's 0.4 mi
  • Subway 0.5 mi
  • Culver's 0.6 mi
  • Subway 0.8 mi
  • Wendy's 0.9 mi
  • Church's Chicken 1.0 mi
  • Marathon 550 ft
  • Citgo 0.2 mi
  • Mobil Mart 0.4 mi
  • Citgo 0.4 mi
  • Marathon 0.6 mi
  • Marathon 0.7 mi
  • Ohio Park 0.3 mi
  • Sweet Clover Park 0.4 mi
  • Hubbard Park 0.5 mi
  • Augusta Park 0.5 mi
  • LaFollette Park 0.7 mi
  • Park No. 414 0.8 mi
  • Dunkin' 0.5 mi
  • Urban Essentials Coffee Café 0.6 mi
  • Starbucks 0.9 mi
  • PTCI 1.2 mi
  • Dunkin' 1.3 mi
  • Tasa Coffee Roasters 1.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 15, 2026
Listed for saleThis listing
EXIT Strategy Realty
$349,900
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

Stand in the kitchen.
See the light at 4pm.

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Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by EXIT Strategy Realty · Nick Libert
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12613880
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