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    4553 S State Street

    Chicago, IL 60609
    • $399,000
    • STATUS: Active Under Contract
    • ON SITE: 17 days
    • MLS #: 10894320
    Under Contract
    $399,000
    • 6
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    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.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-24T23:50:25.49 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    4553 S State Street Chicago, IL 60609

    • Price: $399,000
    • Status: Active Under Contract
    • MLS #: 10894320
    6
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1890
    Built
    Neighborhood:
    Bronzeville
    County:
    Cook
    Area:
    Chi - Grand Boulevard
    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.
    Exterior Features

    Cars 0 Exterior Building Type Brick Floor Unit1 1 Floor Unit2 2 Floor Unit3 1 Floor Unit4 3 Lot Dimensions 4025 Lot Size Less Than .25 Acre Parking None Type Multi 2 Story Unit/SCoach House Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorWasherDryer Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement Full Basement Description Finished Bedrooms Above Grade 6 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 1 Full Baths In Building 4 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasElectric Rooms 17 Rooms Unit1 5 Rooms Unit2 6 Rooms Unit3 3 Rooms Unit4 3

    Property Features

    3 Br Un In Bldg YN No Additional Sales Information None Age 100+ Years Agent Owned Interest YN No Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Chicago Elementary Sch Dist 299 General Information Historical District High Sch Dist 299 Holds Earnest Money No Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 0 Lease Exp Date Mo Yr Unit2 0 Lease Exp Date Mo Yr Unit3 Mtm Lease Exp Date Mo Yr Unit4 0 New Construction No Ownership Fee Simple Possession Tenant's Rights Recent Rehab YN No Rent Unit1 0 Rent Unit2 0 Rent Unit3 900 Rent Unit4 0 Sale Terms ConventionalCash Only Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sec Deposit Unit4 0 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Year 2019 Taxes 5958 Tenant Pays Unit1 All Tenant Pays Unit2 All Tenant Pays Unit3 All Tenant Pays Unit4 All Total Units In Building 4 Township Hyde Park Water Lake Michigan

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Kale Realty.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-24T23:50:25.49 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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