Bronzeville Greystone Three-Unit
For Sale
Contact for pricing
4736 S Prairie Ave, Chicago, IL 60615
Classic Chicago greystone with three units near the Green Line.
Property SizeContact for details
Lot Size0.10 Acres
Days on Market179
Property Features for 4736 S Prairie Ave
General Information
Standard status
Active
Class
A
Total Parking Spaces
2
Lot size
0.10 Acres
Property subtype
Multifamily
Investment Type
Institutional
Net Operating Income
$59,568
Building Details
Year Built
1890
Buildings
1
Stories
3
Units
3
Listing Agency:
North Clybourn Group, Inc.
(773) 645-7900
Listed By:
Karen Biazar · License #471.003309
Source:
Crexi
Added: Feb 23
Changed: Aug 15
Last Checked: Aug 21 at 10:18AM
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 North Clybourn Group, Inc.
Investment Insights
Based on property information with market context.
This classic Chicago greystone, constructed in the 1890s, is a three-story, three-unit building located in Bronzeville. Situated on an oversized lot measuring 25 by 161 feet, the property includes a two-car garage. Each of the three units features a three-bedroom, two-bath layout with separate forced air and central air conditioning. In-unit washer and dryer hookups are available. The units have hardwood floors, high ceilings, fireplaces, significant millwork, and built-ins. Full basements offer potential for further expansion. The property is located a quarter block from the Green Line and is minutes from the lakefront, Kenwood, Hyde Park, and the University of Chicago campus. The property is suitable for an owner-occupant, investor, or 1031 exchange candidate. The property is fully stabilized. The gross income is $74,460, with a GRM of 10.86 and a cap rate of 6.6.
Key Highlights
- Fully stabilized 3‑unit building with $74,460 annual income.
- Oversized 25 x 161 lot with a 2‑car garage.
- Each unit features 3 bedrooms and 2 baths, separate GFA/CA, and in‑unit washer/dryer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Classic Chicago greystone with three units near the Green Line.
Where is this triplex located?
The property is located at 4736 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully stabilized 3‑unit building with $74,460 annual income.; Oversized 25 x 161 lot with a 2‑car garage.; Each unit features 3 bedrooms and 2 baths, separate GFA/CA, and in‑unit washer/dryer.
