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Listed by Tracii Randolphof Keller Williams ONEChicago
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Est. payment | /mo
11 Beds
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Est. payment | /mo
11 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12772266
Bedrooms 11
Year Built 1890
Annual Tax Amount $5,926
Tax Year 2025
Lot Dimensions 3400
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Community Park
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Tar/Gravel
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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