4749 S Prairie Avenue, Chicago, IL 60615

$875,000
  • 4749 S Prairie Avenue, Chicago, IL 60615 Main Photo

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Active
BEDS11 BATHS6 full MLS#12772266
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Exceptional opportunity in Chicago's historic Bronzeville neighborhood! Welcome to 4749 S Prairie Avenue, a beautifully renovated 3-unit property offering an impressive 11 bedrooms, 3 full baths and 3 half baths, with two spacious 4-bedroom/1.5-bath units and one 3-bedroom/1.5-bath unit. The property has undergone extensive renovations and capital improvements, creating a turnkey opportunity for an owner-occupant or investor. Each unit features an updated kitchen with granite countertops, new cabinetry, new stoves and refrigerators, along with refreshed interiors and new individual furnaces on each floor. Major improvements include a new roof in 2025, new porch in 2025, garage restoration in 2025, new front and rear windows, and extensive tuckpointing along the side of the building, gangway and parapet walls. Additional features include a 2-car garage, coin-operated laundry and a full unfinished basement with multiple entrances, windows and generous ceiling height, offering excellent additional value-add potential. Two units are currently vacant, providing tremendous flexibility for an owner-occupant or investor, while one unit is owner occupied. This setup allows a new owner to move in and generate rental income or establish new leases at current market rents. Location is another standout. Situated in the heart of historic Bronzeville, the property offers convenient access to the Green Line, Red Line and Metra, along with easy access to the lakefront, University of Chicago, Hyde Park shopping and dining, downtown Chicago and major transportation routes. Classic Chicago architecture, extensively renovated interiors, significant recent capital improvements and future upside make 4749 S Prairie a compelling multifamily opportunity. Whether you're looking to house-hack, add to your investment portfolio or own a substantial piece of Bronzeville, this property deserves a closer look. Schedule your private showing today. Current owner is related to the listing broker.

4749 S Prairie Avenue | MLS# 12772266

This multi-family property located at 4749 S Prairie Avenue, Chicago, IL 60615 is currently listed for sale with an asking price of $875,000. S Prairie Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Natural Gas
Lot Size: 3,400
Roof Type: Tar/Gravel
Taxes: $5,926
Year Built: 1890

Feature Descriptions

Exterior: Brick
Lot Dimensions: 3400
Other Equipment: Multiple Water Heaters, Water Heater-Electric, Water Heater-Gas
Parcel#: 20101040110000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 20
Township: Lake
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Keller Williams ONEChicago
Agency Phone: 312-216-2422

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Estimated Payment

$ 2,696.41 per month $1,947.37 Principal & Interest $493.83 Property Tax $255.21 Homeowner's Insurance

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