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propertymanagement@legacypropertiesil.com +1(224) 999-9200

$ 875,000

Est. payment | -/mo

11 Beds

6 Baths

Save

$ 875,000

Est. payment | -/mo

Save

11 Beds

6 Baths

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

Area Chi - Grand Boulevard

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Equipment Multiple Water Heaters, Water Heater-Electric, Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park

Roof Type Tar/Gravel

Building

Dwelling Type Two to Four Units

Building Description Brick, No

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

Listed by Tracii Randolph of Keller Williams ONEChicago

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

4749 S PRAIRIE AVE Chicago, IL 60615