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About the Listing 16938 - 142189
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.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
12564923
Year Built
1888
Total Square Footage
0
Lot/Acreage
0.7
Interior Details
- Bedrooms: 11
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 3100
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $13,107
- Taxes w/Assessments: N/A
- Tax/Property ID: 20034160110000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
4529 S Vincennes Ave Chicago, IL 60653
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