This study investigates the effect of austempering temperature and time on the microstructural and mechanical properties of unalloyed Compacted Graphite Iron (CGI) with an initially ferritic matrix structure. The as-cast CGI samples were first austenitised at 900 °C for 60 min in a furnace, then austempered in a closed salt bath at three austempering temperatures – 275, 325, and 375 °C – for different times; 30, 60, 90, and 120 min. Tensile properties, Brinell, Vickers and Rockwell C hardness values were evaluated for the as-cast and austempered CGI ones. LOM and SEM, EBSD analysis techniques were used for microstructure and phase analysis. A mixture of acicular ferrite and retained austenite was achieved in the austempered CGI samples. In general, a decrease in austempering temperature resulted in a decrease in retained austenite content, corresponding improvements in hardness and tensile strength, and a decrease in elongation values.