Address
4553 S State Street Chicago, IL
Price
$ 399,000
Property Attributes
  • MLS#10894320
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Grand Boulevard
  • NeighborhoodBronzeville
  • Zip60609
  • Style
  • Year Built1890
  • Taxes5958
  • Price$ 399,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
Listing Provided Courtesy Of:
Kale Realty
Property Description

Motivated Seller! 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.

Price History
10/7/2020 Listed $399,000

General Features

Contingency Attorney/Inspection
Heating Natural Gas, Electric
New Construction No
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer
Standard Status Active Under Contract
Subdivision Name Bronzeville

Interior Features

Basement Finished
Basement Full
Bedroomspossible 6
Full Baths Building 4
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Full Baths Unit 4 1
Total Baths 4
Total Bedrooms 6

Exterior Features

Exterior Brick
Lot Dimensions 4025
Water Source Lake Michigan

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60609

Price
AVG $240K
$400K
Taxes
AVG $2,841
$5,958
Visits
AVG 38
14
Year Built
AVG 1930
1890
Walkscore
AVG 71
77
Data Provided by Walkscore ® not using MLS data