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Updated Four-Unit Greystone
New
For Sale
$590,000

4529 S Vincennes Avenue, Chicago, IL 60653

Classic multifamily property with four apartments, newer mechanical systems, and current residents in place.

Property SizeContact for details
Days on Market4

Property Features for 4529 S Vincennes Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas

Building Details

Year Built 1888
Listing Agency: Real People Realty
Listed By: Marsha Green · License #475157457
Source: Kw
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 22 at 1:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real People Realty

Investment Insights

Based on property information with market context.

Built in 1888, this Greystone multifamily property contains four apartments totaling over 5,200 square feet. Each unit has its own forced-air heating system, with all systems less than five years old. Kitchen and bathroom improvements have also been completed, and the roof has been replaced. Residents are currently occupying the apartments and have expressed interest in staying.

The basement requires attention, while select units would benefit from additional cosmetic work. The property is located near public transportation, Lake Michigan, the South Loop, Downtown Chicago, and the future Obama Presidential Center. Its address is 4529 S Vincennes Avenue in Chicago’s Bronzeville community.

Key Highlights

  • Four apartments totaling over 5,200 square feet
  • Built in 1888 with Greystone construction
  • Separate forced‑air heating systems in every unit; all less than five years old

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Building Supply Auto Parts Store Auto Repair Shop Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,618
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
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?
Quadplex - Classic multifamily property with four apartments, newer mechanical systems, and current residents in place.
Where is this quadplex located?
The property is located at 4529 S Vincennes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Four apartments totaling over 5,200 square feet; Built in 1888 with Greystone construction; Separate forced‑air heating systems in every unit; all less than five years old
More about this property
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