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$1,191,275
15,170
square ft

4516 S Vincennes Avenue
Chicago, Illinois 60653

Closed / MLS #10585187 / Multiple Family / Grand Boulevard
Listing information updated 11/17/2021 at 2:23am
Own this 8-unit condo building located one block east of the historic and picturesque King Drive in the highly sought after Bronzeville neighborhood. Converted to condominiums in the early 2000s, the building's excellent unit mix consists of (4) Three Bed - Two Bath approx 1434 sq ft, (2) Two Bed with Den - Two Bath approx 1345 sq ft and (2) Two Bed - Two Bath approx approx 1300 sq ft. Each unit features hardwood floors throughout, granite counter-tops, stainless steel appliances, in-unit laundry, gas forced heat, central air conditioning and secured gated parking in the rear. An investor can purchase the subject property and deconvert back to an apartment building or with minor cosmetic updates, exit the investment through the sale of individual condos on a retail basis. Easy access to Hyde Park, Lake Shore Drive, Gallery Guichard, 90/94, Mariano's, the University of Chicago, public transportation and 15 minutes from downtown Chicago. Currently 6 units are rented and two are owner occupied. By leasing the two owner-units, you achieve an in-place cap rate of 7.9%. Schedule your private tour today!
Water Front:
No
Square Feet:
15,170
Acreage:
0.16
Built:
1894
Parking Spaces:
8
Cooling System:
Central Individual
Stories:
3
Zoning:
MULTI
Building Square Feet:
15,170
Current Net Income:
$113,284
Unit 1:
4 room(s) / 2 bed(s) / 2 bath(s)
Unit 2:
5 room(s) / 2 bed(s) / 2 bath(s)
Unit 3:
5 room(s) / 3 bed(s) / 2 bath(s)
Tax Amount:
$15,551
Tax Year:
2018
Zip Code:
60653
City:
Chicago
County:
Cook

Listing Office: @PROPERTIES

Listing Office Phone: 312.506.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/17/2021 at 2:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Grand Boulevard, IL

The Grand Boulevard community has undergone a revival. Restoration efforts have focused on the area’s rich history that includes the bustling hub of Bronzeville, a cultural mecca that many of Chicago’s notable artists called home. Businesses have begun to move back to the area, and there is an a...

CTA

CTA
Green line at 47th
CTA
Red line at 47th
$425,154
Average Sale Price
102
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4516 S Vincennes Avenue, Chicago, IL 60653
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4516 S Vincennes Avenue, Chicago, IL 60653 is a multiple family which sold for $1,191,275. This multiple family has been listed on @properties Christie's International Real Estate since December 3rd, 2019 and was built in 1894. The nearest transit stops include 47th CTA Green line.

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