4529 Vincennes Avenue, Grand Boulevard, Chicago, Illinois 60653
$580,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 1888 |
| Property Taxes: | $13,107 |
| Lot Size: | 0,70 |
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.
Property Specifics
| Multi-unit | |
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| 1888 | |
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| No | |
| 0.7 |
| Cook | |
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| 12642304 | |
| 20034160110000 |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 7
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Bathroom in Basement: —
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Other Specifics
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| 3100 | |
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| Not in DB | |
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