$625,000
Chicago, IL 60653
About This Property
Prime investment opportunity in historic Bronzeville! This classic Greystone offers over 5,200 square feet across four spacious apartments, making it an attractive income-producing property with significant long-term upside. The building benefits from key capital improvements already completed, including separate forced-air heating systems in each unit (all less than five years old) and a newer roof. Recent updates made in the kitchens and bathrooms. Current tenants are in place and interested in remaining, providing immediate rental income and continuity for a new owner. While the basement needs attention and some cosmetic updates are needed in select units, this property presents a clear value-add opportunity for investors seeking to enhance cash flow over time in a high-demand market. Situated on a beautiful block in Bronzeville, the property is conveniently located near public transportation, Lake Michigan, South Loop, Downtown Chicago, and the future Obama Presidential Center - a location that continues to attract strong tenant interest and long-term rental demand.
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