4920 W Iowa St Chicago, IL 60651
Austin NeighborhoodEstimated payment $2,631/month
About This Home
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.
Listing Agent
eXp Realty Brokerage Phone: (312) 714-2424 License #475209996 Listed on: 01/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,153
Year Built
- Built in 1913
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 34x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Parking
- 6 Car Garage
- Parking Available
- Side Facing Garage
Utilities
- Radiator
- Lake Michigan Water
Community Details
- 3 Units
- Austin Village Subdivision
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 |
|---|---|---|---|---|
| 2025 | $4,153 | $29,000 | $5,141 | $23,859 |
| 2024 | $4,153 | $29,000 | $5,141 | $23,859 |
| 2023 | $4,027 | $23,000 | $4,070 | $18,930 |
| 2022 | $4,027 | $23,000 | $4,070 | $18,930 |
| 2021 | $3,955 | $22,999 | $4,069 | $18,930 |
| 2020 | $3,217 | $17,542 | $3,641 | $13,901 |
| 2019 | $3,316 | $19,935 | $3,641 | $16,294 |
| 2018 | $3,259 | $19,935 | $3,641 | $16,294 |
| 2017 | $3,997 | $21,942 | $3,213 | $18,729 |
| 2016 | $3,895 | $21,942 | $3,213 | $18,729 |
| 2015 | $3,540 | $21,942 | $3,213 | $18,729 |
| 2014 | $3,333 | $20,535 | $2,998 | $17,537 |
| 2013 | $3,257 | $20,535 | $2,998 | $17,537 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2026 01/15/26 | Pending | -- | -- | -- | |
| 01/01/2026 01/01/26 | For Sale | $440,000 | +420.7% | -- | |
| 01/05/2017 01/05/17 | Sold | $84,500 | 0.0% | -- | View Prior Sale |
| 10/25/2016 10/25/16 | Pending | -- | -- | -- | |
| 09/26/2016 09/26/16 | Price Changed | $84,500 | -29.0% | -- | |
| 08/26/2016 08/26/16 | Price Changed | $119,000 | -8.4% | -- | |
| 07/26/2016 07/26/16 | Price Changed | $129,900 | -8.3% | -- | |
| 06/23/2016 06/23/16 | For Sale | $141,700 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12530396
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