Skip To Content

4927 S Prairie Avenue

Chicago, IL 60653
  • $800,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • MLS #: 11649909
Under Contract
$800,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1939
County:

School Ratings & Info

Description

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!

Monthly Payment Calculator



© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-30T23:58:42.09 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.rossiandtaylor.com/homes/133841407
Print Image

4927 S Prairie Avenue Chicago, IL 60653

  • Price: $800,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • MLS #: 11649909
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1939
Built
Neighborhood:
Chi - Grand Boulevard
County:
Cook
Area:
Chi - Grand Boulevard
Property Description
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!
Exterior Features

Parking Total 4

Interior Features

Heat Ventilation Central Bldg Heat

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Financing Continue To Show Yes Gross Income 146400 Gross Scheduled Income 103450 Insurance Expense 3517 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 106970 Operating Expense 39429 Tax Annual Amount 14202.4 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 12200 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Elite Executives Real Estate: 773-892-1740.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-30T23:58:42.09 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11649909-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11649909-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11649909-1.jpg
Logo
Rossi and Taylor Realty Group
8025 Wicker Avenue
St John IN, 46373