4749 S Prairie Avenue, Chicago, IL

$875,000

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11

Beds

About 4749 S Prairie Avenue

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.

Features of 4749 S Prairie Avenue

MLS® # 12772266
Price $875,000
Bedrooms 11
Bathrooms 0.00
Year Built 1890
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 4749 S Prairie Avenue
Area CHI - Grand Boulevard
City Chicago
County Cook
State IL
Zip Code 60615

Amenities

Parking Spaces 2
Parking Yes, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick
Roof Tar/Gravel
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams ONEChicago

Listing Map

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Listing information last updated on October 9th, 2026 at 8:37pm CDT.