4907 W Walton St Chicago, IL 60651
Austin NeighborhoodEstimated payment $2,966/month
Highlights
- Property is near a park
- Multiple Water Heaters
- Paved or Partially Paved Lot
- Forced Air Heating System
- Fenced
About This Home
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.
Listing Agent
@properties Christie's International Real Estate License #475133009 Listed on: 08/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,853
Year Built
- Built in 1913 | Remodeled in 2025
Lot Details
- Lot Dimensions are 25x126
- Fenced
- Paved or Partially Paved Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Parking
- 2 Parking Spaces
- Off Alley Parking
- Parking Included in Price
Schools
- Mcnair Elementary School Communi
- Orr Community Academy High Schoo
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
- Gas Water Heater
Additional Features
- Basement Fills Entire Space Under The House
- Property is near a park
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,853 | -- | -- | -- |
| 2023 | $3,086 | $23,001 | $2,993 | $20,008 |
| 2022 | $3,086 | $23,001 | $2,993 | $20,008 |
| 2021 | $4,625 | $22,999 | $2,992 | $20,007 |
| 2020 | $3,295 | $14,791 | $2,677 | $12,114 |
| 2019 | $3,377 | $16,809 | $2,677 | $14,132 |
| 2018 | $3,320 | $16,809 | $2,677 | $14,132 |
| 2017 | $4,318 | $20,060 | $2,362 | $17,698 |
| 2016 | $4,018 | $20,060 | $2,362 | $17,698 |
| 2015 | $3,676 | $20,060 | $2,362 | $17,698 |
| 2014 | $3,167 | $17,068 | $2,205 | $14,863 |
| 2013 | $3,104 | $17,068 | $2,205 | $14,863 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Pending | -- | -- | -- |
| 08/29/2025 08/29/25 | For Sale | $485,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Chicago Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | Seller Take Back |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12458553
APN: 16-04-421-017-0000
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