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4724 S PRAIRIE Avenue Chicago, IL 60615
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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11983166
Sold Date 03/26/24
Bedrooms 11
Annual Tax Amount $4,658
Tax Year 2022
Lot Dimensions 4830
Property Description
Gorgeous income-generating 3-unit Greystone apartment building located in a vastly appreciating neighborhood of Chicago, Bronzeville, with tons of upside and finally priced to sell. There is potential for this property to become 4 legal units. This property has been lovingly maintained by its seller for over a decade and it's now time for it to change ownership to be brought into the future. Each unit features large floor plans with 3's and 4 bedrooms along with formal living, dining, and parlor room along with a massive enclosed back porch. There is currently one tenant occupying the residence making it perfect for an owner-occupant looking to reside in one of the vacant units or for an investor looking to walk right into income collection. This property will be sold AS-IS and is best suited for a buyer using conventional financing, a rehab loan, or CASH! Take advantage of this piece of Chicago history and renovate and restore as necessary. After Repair Values in the area span to upward of $900,000s!
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Parking Type Unassigned
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Jennifer Bustillo • Compass