$239,000
Chicago, IL 60651
ATTENTION HANDYMEN, REHABBERS & INVESTORS! Here's your chance to transform this solid vintage 2-story into something special. This property needs renovation, but offers terrific value and endless potential for the right buyer looking for a value-add project. The property features two full levels of living space (previously used as related living) plus a full basement, providing plenty of room to reimagine. The first-floor features two spacious bedrooms, a full bath, a bright living room, and an enclosed porch suitable for an office or additional living space. The second-floor offers two more bedrooms and a full bathroom. Additional features include a private, fenced backyard, ideal for summer gatherings and outdoor enjoyment, plus the added value and convenience of a 2-car garage. Situated on a quiet residential street in up-and-coming Austin neighborhood within walking distance to public transportation and minutes from expressway. Several new developments and renovation projects in the surrounding area add to the neighborhood's ongoing revitalization and appeal. See it, envision the possibilities, and make it yours before another investor beats you to this outstanding rehab opportunity! Selling as-is. Cash and renovation loans only. Hard money financing is welcome; however buyers using a hard money lender must have an established track record of successfully completing previous transactions with that lender.
Estimated monthly cost for this home
$1,590/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.95%, 2026-09-17). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2025 property taxes | $3,052/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Kale Realty, listed by Salman Hakimzadeh.
Information last updated Sep 21, 2026, 1:58 PM.
4934 Iowa Street
Chicago, IL 60651

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.