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4553 S State Street

Chicago, Illinois 60609


Steven Greenberg
312.330.1231

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$475,000


Bedrooms
6

Bathrooms
4



Property Type
Multiple Unit (2-4)
Community Area
Grand Boulevard


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.



Full Features
Exterior Type: Brick
Basement: Finished
Beds Above Grade: 6
Heating System: Gas, Electric
Pool: No
Age: 100+ Years
Parking Type: None
Parking Spaces: 0
Room Count: 17
Water Front: No
Square Feet: N/A
Tax Amount: $5,958
Tax Year: 2019


Taxes & Assessments
Taxes: $5,958

Listing information updated 9/16/2020 at 1:03pm


Listing Office: Kale Realty

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Grand Boulevard

Neighborhoods: Bronzeville

Bronzeville: Located on Chicago's South Side, along the main drag of Martin Luther King, Jr. Drive and 47th Street, Bronzeville is one of the nation's most significant areas in African-American urban history. In its heyday, from the 1920s to the…

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School District(s)
City Of Chicago SD 299
Elementary School
Mollison Elementary School
Middle School
Mollison Elementary School
High School
Phillips Academy High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at 47th (0.34 miles away)

Metra
Metra Electric Main Branch, South Shore

at 47th St Metra (1.78 miles away), 57th Street



 





4553 S State Street Chicago, Illinois 60609 is a multiple unit (2-4) currently listed at $475,000. 4553 S State Street features 6 bedroom(s) and 4 bath(s). This multiple unit (2-4) has been listed on @properties since September 15th, 2020 and was built in 1890. Nearby schools include Mollison Elementary School, Phillips Academy High School. The nearest transit stops include 47th CTA Red line, Metra Electric Main Branch 47th St Metra. Want to learn more about 4553 S State Street Chicago, Illinois 60609? Contact an @properties agent to request more info.


© 2020 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.