$ 1,020,000
4934 S Michigan Avenue Chicago, IL 60615
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,020,000
Est. payment /mo
Active Under Contract
4934 S Michigan Avenue Chicago, IL 60615
11 Beds
UPDATED:
11/01/2024 04:35 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12182964
Bedrooms 11
Year Built 1910
Annual Tax Amount $9,737
Tax Year 2023
Lot Dimensions 5600
Property Description
This expansive, beautifully updated legal 4 unit building in Bronzeville is a prime investment opportunity. The beautiful property features four large units, plus an additional 5th in-law suite located at the front of the first floor, offering significant income potential. Each apartment is generously sized, featuring formal living and dining rooms, stainless steel appliances, granite countertops, and refinished hardwood flooring and trim throughout. Recent updates include new hot water heaters, updated kitchens and bathrooms, new stoves, refrigerators, washer, dryer, updated plumbing, tuckpointing, and sidewalks. The fully furnished garden unit, complete with recessed lighting and all-new appliances, is ready for Airbnb or short-term rental. With a 3-car garage and one unit delivered vacant, this building is perfect for owner-occupants or investors. Located in a highly desirable area, close to public transportation, parks, and the vibrant amenities of Bronzeville and Hyde Park, this property combines spacious living with easy access to downtown Chicago. Don't miss this rare opportunity to own a meticulously maintained building with huge income potential! Schedule your private tour now.
Location
State IL
County Cook
Community Gated
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony, Porch, Cable Access
Garage Detached
Garage Spaces 3.0
Waterfront false
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tina Hollins • Coldwell Banker Realty