4927 South Prairie AvenueChicago, IL 60653Price: $800,000

  • Price: $800,000
  • 47 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.14Acreage
  • 1939Year Built

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This building is perfect for the smart investor 6 unit, center entranced walk-up with the potential for an additional garden unit plus a all brick coach house over 4 car garage located in the highly desirable Bronzeville neighborhood on Chicago's South Side. The opportunity here is tremendous! Excellent condo conversion opportunity. Each unit is approximately 1200 sq. ft. with 3 bedrooms, living room with open floor plan and spacious kitchen. The basement has high ceilings and front and rear entrances ready for adding additional income. The possibilities are endless with the brick coach house which has second level with open floor plan and 2 baths. Only a little sweat equity will bring this investment opportunity to it's maximum potential. Prime property in prime area. Tenants are month to month! 4 Units are vacant and ready for new tenants or conversion! Building being sold AS IS!

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Listed by Cheryl Gordon of Elite Executives Real Estate

Based on information submitted to MRED  as of November 27, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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