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Six-Unit Greystone Apartment Building
For Sale
$1,748,000

4734-36 S Prairie Avenue, Chicago, IL 60615

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market20

Property Features for 4734-36 S Prairie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 18
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 4, Bathroom 9, Bedroom 12, Bedroom 14, Bathroom 7, Bedroom 18, Bathroom 12, Bathroom 5, Bathroom 3, Bedroom 8, Bathroom 1, Bedroom 3, Bathroom 10, Bathroom 2, Bathroom 11, Bedroom 6, Bedroom 16, Bedroom 11, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 4, Bedroom 15, Bedroom 17, Bathroom 6, Bedroom 9, Bedroom 13, Bedroom 2, Bedroom 10, Bathroom 8
Directions E 47th St & S Prairie Ave, right across the Green Line station - 47th
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20101030370000
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 30045

Utilities

Cooling system Central Air

Amenities

washer dryer in units
hardwood floors
high ceilings
fireplaces
mill work
built ins

Building Details

Year built 1890
Floors in Building 3
Number of units 6
Building materials Stone
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Added: Aug 5 Changed: Aug 20 Last Checked: Aug 24 at 5:06AM
MLS# 12725605

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1890 apartment property at 4734-36 S Prairie Avenue consists of two side-by-side, three-story Greystone buildings on a 50-by-161-foot collective lot. The six residences are configured as three-bedroom, two-bath units with separate GFA/CA, in-unit washer and dryer connections, hardwood floors, high ceilings, fireplaces, extensive millwork, and built-ins. Two full basements provide additional interior space, while four garages support the property’s parking component.

Located in Chicago’s Bronzeville area, the property is near the Green Line, Lakefront, Kenwood, Hyde Park, and the University of Chicago campus. The buildings are constructed of stone and feature central air conditioning. MULTI zoning supports the existing apartment configuration.

Key Highlights

  • Six 3‑bedroom, 2‑bath apartment units
  • Two side‑by‑side 3‑story Greystones built in 1890
  • 50 ft by 161 ft collective lot

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Kitchen & Bath Showroom Carpet & Flooring Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Classic stone apartment property with in-unit laundry, central air, and original architectural details.
Where is this apartment building located?
The property is located at 4734-36 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,748,000.
What are key features of this property?
This property features: Six 3‑bedroom, 2‑bath apartment units; Two side‑by‑side 3‑story Greystones built in 1890; 50 ft by 161 ft collective lot
More about this property
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