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.
Property Details
Price:
$625,000
MLS #:
MRD12564923
Status:
Active Under Contract
Beds:
11
Baths:
7
Type:
Multi Family
Neighborhood:
chigrandboulevard
Listed Date:
Feb 10, 2026
Year Built:
1888
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Greystone
Construction Materials
Brick, Stone
Financial
Maintenance Fee
$9,600
Tax Year
2024
Taxes
$13,107
Listing Agent & Office
Marsha Green
Real People Realty
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4529 S Vincennes Avenue
Chicago, IL


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