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$ 580,000
Est. payment /mo
Active Under Contract
4529 S Vincennes AVE Chicago, IL 60653
11 Beds
7 Baths
0.7 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12642304
Style Greystone
Bedrooms 11
Maintenance Fees $9,600
Year Built 1888
Annual Tax Amount $13,106
Tax Year 2024
Lot Size 0.700 Acres
Lot Dimensions 3100
Property Sub-Type Two to Four Units
Property Description
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
State IL
County Cook
Area Chi - Grand Boulevard
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick,Stone, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick,Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marsha Green of Real People Realty
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