Under contract

4529 S Vincennes Ave, Chicago, IL 60653

Beds
11
Baths
7

View property features, location on map, relevant school information and overview from seller's agent.

Listed byReal People Realty
  • 0
  • 0

Overview

Sellers will continue to show the property. Back-up offers welcome! Prime investment opportunity in historic Bronzeville! This classic Greystone offers over 5,200 square feet across four spacious apartments, making it an attractive income-producing property with significant long-term upside. The building benefits from key capital improvements already completed, including separate forced-air heating systems in each unit (all less than five years old) and a newer roof. Recent updates made in the kitchens and bathrooms. Current tenants are in place and interested in remaining, providing immediate rental income and continuity for a new owner. While the basement needs attention and some cosmetic updates are needed in select units, this property presents a clear value-add opportunity for investors seeking to enhance cash flow over time in a high-demand market. Situated on a beautiful block in Bronzeville, the property is conveniently located near public transportation, Lake Michigan, South Loop, Downtown Chicago, and the future Obama Presidential Center - a location that continues to attract strong tenant interest and long-term rental demand.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
11
Number of bathrooms
7
Lot size (acres)
0.70
Year built
1888

Utilities

Heating
Natural Gas
Sewer
Public Sewer
Water
Public Water, Other

Estimated monthly costs

Electricity
$200
Insurance
$343

Taxes

Tax Annual Amount (2024)
$13,106.93

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12642304 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.