$475,000

6 Bed, 0 Bath, Approx - Sq Ft

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Don't miss out! Very rare opportunity to own a unique 4 Unit property in historical Bronzeville. This offering will not last long. The Red Brick Building consist of 2 Units, the first floor has 2 bedrooms and 1 bath, and the 2nd Unit has 2 bedrooms plus a Den and 1 bathroom. The Frame Coach House consist of 2 additional Units, each containing 1 bedroom and 1 bathroom. The subject property has been in the family for over 80 years. The entire property is gated with a big backyard with a manicured lawn, and garden perfect for entertaining family and friends. The lots to the north of the two buildings both (4551 and 4547 S. State St) are not included in this offering. These buildings reflect pride in ownership and are in good condition, but some repairs are needed. This offering is for the (Two Buildings) only, and being sold "AS IS" condition. There is also room for expansion to generate more rental income with both buildings or convert one building to a large single family home and generate income from the coach house. It's conveniently located near public transportation, I 94 and is minutes away from the Loop, Lake Michigan, schools, IIT & U of C University and Hospital, and the Chicago White Sox and Bears Stadiums. The property is zoned C2-2 and sits on a 4025 square foot lot. Also, there are 3 additional adjacent lots available for sale. They are 4025 and 8050 square foot lots. Seller is willing to sell these lots at 4551 and 4547 S. State St as a package at a generous discount with the combined purchase of the 4553 S State St. property. This is a very rare find and a great way to purchase buildings and land in Bronzeville.

Status: ACTV

Partner Agent

Tom Brown

Phone: 312-502-8213

Email: tb@sparrowrealty.us