Eco Friendly
Address
4516 S Vincennes Avenue Chicago, IL
Price
$ 1,275,000
Property Attributes
  • MLS#10585187
  • TypePending
  • CountyCOOK
  • CityChicago
  • AreaCHI - Grand Boulevard
  • NeighborhoodBronzeville
  • Zip60653
  • Style
  • Year Built1894
  • Taxes$ 15551
  • Price$ 1,275,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15170
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
@properties Commercial
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

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. Schedule your private tour today!

Price History
12/3/2019 Listed $1,400,000
6/2/2020 8% - $1,300,000
8/5/2020 2% - $1,275,000

General Features

Additional Parcels Y/N Yes
City Chicago
Cooling Central Individual
County Cook
Days on Market 344
Directions Two blocks East of King Drive (@ 43rd St.) Take 43rd Street to Vincennes, South on Vincennes to 4516
Electric Over 600 Amps
Electric Expense 725
Grossincome 157500
Insurance Expense 6200
MLS Area CHI - Grand Boulevard
Maintenanceexpense 2000
Net Operating Income 113284
Operatingexpense 44216
Property Type Multi Family 5+
Property Type Commercial Sale
Standard Status Pending
Status Pending
Stories 3
Street Name Vincennes
Tax Annual Amount 15551
Tax Year 2018
Tenant Pays Electricity, Heat
Total Units 8
Township Hyde Park
Trash Expense 1000
Virtual Tour https://real.vision/4516-south-vincennes-avenue-1?o=u
Water Sewer Expense 4000
Year Built 1894
Zoning MULTI

Interior Features

Street Suffix Avenue
Total Fireplaces 6

Exterior Features

Building Area Total 15170
Buyerofficefax (312) 506-0222
Lot Dimensions 138.10 X 50
Lot Size Acres 0.16
Lot Size Square Feet 6905
Total Parking 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 60653

Price
AVG $270K
$1.28M
Taxes
AVG $4,095
$15,551
Visits
AVG 67
599
Year Built
AVG 1953
1894
Walkscore
AVG 72
75
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover