4749 S PRAIRIE Avenue
Chicago, IL, 60615 $ 875,000
Bedrooms11 Baths6.3 Monthly Estimate*
$ 5,525
for $875,000 with 11 bedrooms and 6 full baths, 3 half baths. This home was built in 1890.
Exceptional opportunity in Chicago's historic Bronzeville neighborhood! Welcome to 4749 S Prairie Avenue, a beautifully renovated 3-unit property offering an impressive 11 bedrooms, 3 full baths and 3 half baths, with two spacious 4-bedroom/1.5-bath units and one 3-bedroom/1.5-bath unit. The property has undergone extensive renovations and capital improvements, creating a turnkey opportunity for an owner-occupant or investor. Each unit features an updated kitchen with granite countertops, new cabinetry, new stoves and refrigerators, along with refreshed interiors and new individual furnaces on each floor. Major improvements include a new roof in 2025, new porch in 2025, garage restoration in 2025, new front and rear windows, and extensive tuckpointing along the side of the building, gangway and parapet walls. Additional features include a 2-car garage, coin-operated laundry and a full unfinished basement with multiple entrances, windows and generous ceiling height, offering excellent additional value-add potential. Two units are currently vacant, providing tremendous flexibility for an owner-occupant or investor, while one unit is owner occupied. This setup allows a new owner to move in and generate rental income or establish new leases at current market rents. Location is another standout. Situated in the heart of historic Bronzeville, the property offers convenient access to the Green Line, Red Line and Metra, along with easy access to the lakefront, University of Chicago, Hyde Park shopping and dining, downtown Chicago and major transportation routes. Classic Chicago architecture, extensively renovated interiors, significant recent capital improvements and future upside make 4749 S Prairie a compelling multifamily opportunity. Whether you're looking to house-hack, add to your investment portfolio or own a substantial piece of Bronzeville, this property deserves a closer look. Schedule your private showing today. Current owner is related to the listing broker.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Tar/Gravel
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1890
Township Lake
Tax Year 2025
Ownership Fee Simple
Community Features Park
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions Exit the 47th Street exit from the I-57 expressway Head East turn right on Prairie avenue
City Chicago
High School District 299
MLS Area CHI - Grand Boulevard
Tax Annual Amount 5926.11
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Full
Total Bedrooms 11
Total Baths 6
Bedrooms Possible 11
Full Baths Building 3
Half Baths Building 3
Total Number of Units 3
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ExteriorParking Features Yes Detached Garage
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 3400
Waterfront Y/N N
Other Equipment Multiple Water Heaters Water Heater-Electric Water Heater-Gas
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* Excluded FeaturesList ByKeller Williams OnechicagoBroker
Tracii.Randolph@KWCommercial.com;Tracii.Randolph@KWCommercial.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $494
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $643,809
Percent of Sale Price 26%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $875,000 | | Listed Price |