Refine Search
Map
Sort by
$1,200,000
12573303 MLS ⋅ ACTIVE Status
Pleased to present 619 E. Groveland Park, a 7-unit multifamily investment located within the gated, landmarked Groveland Park community in Chicago's Bronzeville neighborhood. Offered at a list price of $1,200,000, the property provides an opportunity to acquire an apartment asset in one of Chicago's most architecturally significant and supply-constrained submarkets, with a light value-add plan supported by a $50,000 renovation budget. Originally constructed in the early 1900s and thoughtfully revitalized, the property encompasses approximately 5,697 square feet across a unit mix of (3) 2-bedroom + den / 1-bath units and (4) 1-bedroom / 1-bath units, plus a garden unit. Unit sizes generally range from approximately 525-950 SF (with the garden at ~650 SF), featuring efficient layouts and individual unit appeal that support operational stability and long-term tenant retention. In-place financial performance is strong and stabilized. The asset is currently generating $127,800 in gross annual rental income ($10,650/month). With a 4% vacancy assumption (-$5,152) and $1,008 in annual laundry income, effective gross income totals approximately $123,656. Operating expenses are efficiently managed at approximately $30,171 (a 24% expense ratio), resulting in a current NOI of $93,484. Value-add upside is clear and executable via a light renovation program. A $50,000 renovation budget (light interior enhancements and unit turns) supports mark-to-market rent growth from $10,650/month to $13,200/month (gross annual rent from $127,800 to $158,400). Under the pro forma scenario (still assuming 4% vacancy and $1,008 in laundry income), effective gross income increases to approximately $153,032, with total expenses of approximately $31,377 (a 21% expense ratio), producing a pro forma NOI of $121,655. On a total cost basis of $1,250,000 (purchase price + $50,000 renovation), this equates to an estimated 9.73% pro forma cap rate and a 7.89 GRM on total basis. At the offered price, the asset is positioned at approximately $211/SF and $171,429/unit, aligning well with boutique multifamily pricing in Bronzeville and the broader South Lakefront. A sample financing scenario utilizing 80% LTV ($960,000 loan), 6.00% interest, and 30-year amortization results in an estimated annual debt service of approximately $69,068 and a 1.35x DSCR under the pro forma. This structure generates projected net cash flow of $24,416 in-place (10.17% cash-on-cash on $240,000 equity) and $52,587 post-renovation (18.13% cash-on-cash on $290,000 total equity, inclusive of the $50,000 renovation budget). Beyond the numbers, 619 E. Groveland Park benefits from its irreplaceable setting within a gated historic park environment-offering residents a quiet, residential atmosphere rarely found this close to Downtown Chicago-while still providing convenient access to Lake Shore Drive, major employment centers, public transit, and continued investment activity throughout Bronzeville. This offering is ideally suited for investors seeking durable in-place income with measured value-add upside, minimal operational disruption, and strong long-term appreciation fundamentals. With a modest $50,000 light-renovation plan to capture rent premiums, 619 E. Groveland Park delivers stabilized cash flow today and a clear path to enhanced returns tomorrow-within one of Chicago's most iconic and supply-restricted residential enclaves.

619 E Groveland Park, Chicago
$740,000
10 Beds ⋅ 4 Baths ⋅ 12567000 MLS ⋅ ACTIVE Status
A rare opportunity to own a fully occupied, cash-flowing Graystone in the heart of Bronzeville-perfect for an owner-occupant or savvy investor. This classic building offers a total of 10 bedrooms and 4 bathrooms, combining timeless architectural character with meaningful updates. Features separate forced-air heating systems for all units, with two units equipped with central air conditioning. Tenants enjoy the convenience of a common washer and dryer, while recent capital improvements-including newer windows and updated water tanks-help reduce future maintenance costs. Situated on a charming, tree-lined street near dining, transportation, parks, and cultural landmarks, this well-maintained Bronzeville asset offers immediate income with long-term upside in one of Chicago's most sought-after neighborhoods. Turnkey, stabilized, and full of potential-this is an investment you don't want to miss. Sold as-is.

521 E 46Th Place, Chicago
$1,900,000
12554969 MLS ⋅ ACTIVE Status
One-story commercial building offering 12,000 square feet of rentable space plus an additional 704 square feet designated for parking. The building is zoned B3-3, allowing various business uses, including large grocery stores, medical centers, restaurants, professional offices, retail shops, banks, and many other types of businesses. It is located in the revitalizing Bronzeville neighborhood, which features several new residential developments, such as townhomes, condominiums, single-family homes, and apartment rentals. The property sits on a main thoroughfare of East 43rd Street, with Cottage Grove a few blocks to the east and King Drive a few blocks to the west. Accessible public transportation includes the bus line on East 43rd Street and the elevated Green Line, located a few blocks to the west. This is a NNN lease with a base rent of $17.58 and passthroughs of $3.78 for real estate taxes. The property is also being offered for sale at $1.9 million.

418 E 43Rd Street, Chicago
$69,900
12552242 MLS ⋅ ACTIVE Status
AMAZING PRIME LOCATION...DEVELOPMENT OPPORTUNITY! Convenient location for single family home, condos, or premium rental building. Minutes to lake, loop, expressway, and public transportation. Oversized lot 35 x 132/4,620sf. DRIVE BY LOT TODAY...AND SUBMIT YOUR OFFER! ZONED RM5. CASH BUYER OR HARD MONEY LENDER. Ready to close! Lot is part of large land on State Street (separate purchase).

19 E 37Th Place, Chicago
$80,000
12537428 MLS ⋅ ACTIVE Status
Drive by

4328 S Berkeley Avenue, Chicago
$259,000
3 Beds ⋅ 2 Baths ⋅ 12524994 MLS ⋅ ACTIVE Status
Located in vibrant Bronzeville, this 3 bedroom, 2 bath unit offers a thoughtful layout. The open kitchen features cherry cabinetry, granite countertops, and stainless steel appliances, making perfect for entertaining. The primary bedroom includes a walk in closet and an en suite bath with a double vanity and separate shower. Additional features include brand new hardwood floors, a fireplace, crown molding, central air, in unit washer and dryer, and one assigned parking space. This property is surrounded by new construction and is close to downtown and just minutes from the lakefront, with easy access to parks, dining, and transportation.

4809 S Wabash Avenue Unit #1, Chicago
$230,000
12519919 MLS ⋅ ACTIVE Status
Rare Vacant land available in the beautiful historic Gap/Bronzeville neighborhood! Incredible opportunity for builders, investors, or homeowners to create something special. RM-5 zoning allows for multi-unit residential development. Prime location, walking distance to stores, restaurants, schools, White Sox Stadium, public transit, expressways, and Lake Michigan. Surrounded by new construction and neighborhood growth. Endless potential in one of Chicago's most desirable and developing areas!

3529 S Prairie Avenue, Chicago
$360,000
12519863 MLS ⋅ ACTIVE Status
Rare double lot (16X124 each) available in the beautiful historic Gap/Bronzeville neighborhood! Incredible opportunity for builders, investors, or homeowners to create something special. RM-5 zoning allows for multi-unit residential development. Prime location, walking distance to stores, restaurants, schools, White Sox Stadium, public transit, expressways, and Lake Michigan. Surrounded by new construction and neighborhood growth. Endless potential in one of Chicago's most desirable and developing areas!

3630 S Giles Avenue, Chicago
$569,900
3 Beds ⋅ 4 Baths ⋅ 12510798 MLS ⋅ PRICE CHANGE Status
Welcome home to this fully updated 2-story Greystone sitting right in the historic North Kenwood neighborhood. With 4 bedrooms, 3 full baths, 1 half bath and a spacious master suite, this home is designed for both comfort and style. You'll love the open flow with vinyl flooring throughout, central air, and a finished basement for extra space. The kitchen is the heart of the home-brand-new black stainless-steel stove, fridge, dishwasher, and microwave are all included. Every detail was done with care, blending that timeless Greystone charm with modern updates.

4343 S Ellis Avenue, Chicago
$395,000
5 Beds ⋅ 3 Baths ⋅ 12504049 MLS ⋅ ACTIVE Status
Come tour this rarely available 5 bed / 3 bath duplex condo in Hyde Park Township. Renovated in 2001, this home offers a very generous floor plan, including, but not limited to, two spacious living spaces, large bedrooms and baths. Relax in the master suite or entertain in the lower level- there are unlimited opportunities to explore with this hidden gem. Kitchen comes equipped with beautiful cabinetry, stainless steel appliances, including a brand-new dishwasher, granite countertops, tile backsplash, and modern fixtures. Tons of natural lighting overlooking scenic Michigan Avenue. A lovely outdoor space, secure access, and tons of storage. Unit was recently painted a warm neutral color and is ready for its new owners to call it Home.

4953 S Michigan Avenue Unit #7, Chicago
$30,000
12480797 MLS ⋅ ACTIVE Status
Extra-wide, indoor heated parking spot - first-floor location with no neighboring vehicles and ample clearance on both sides. Ideal for homeowners or commuters.

2545 S Dearborn Street Unit #P-56, Chicago
$30,000
12481608 MLS ⋅ ACTIVE Status
Extra-wide, indoor heated parking spot - second-floor location with no neighboring vehicles and ample clearance on both sides. Ideal for homeowners or commuters.

2545 S Dearborn Street Unit #P-91, Chicago
$489,000
12469456 MLS ⋅ ACTIVE Status
Land offered in hot Bronzville with a frontage of 84 feet on 43rd st mixed use B3-3 zoning allows for a great mix use project. Near all retail and main highways This area is forever its time to capitalize on the areas growth.

131 E 43Rd Street, Chicago
$90,000
12466069 MLS ⋅ ACTIVE Status
Opportunity Knocks at 3333 S. Indiana! This vacant lot in Bronzeville offers a rare chance to build exactly what you need in one of Chicago's most exciting neighborhoods. Design a modern single-family home, a multi-unit investment, or a custom project that fits your vision. The location is hard to beat! Just steps from IIT and minutes from downtown, McCormick Place, the lakefront, and major highways. Public transit is close at hand, making the entire city accessible. The block features a blend of restored historic residences and fresh new developments, reflecting the area's ongoing growth. Whether you're an investor or a homeowner looking to create something special, this lot is a canvas waiting for your ideas. Take a drive by and imagine the possibilities.

3333 S Indiana Avenue, Chicago
$899,000
4 Beds ⋅ 4 Baths ⋅ 12451617 MLS ⋅ ACTIVE Status
Fourteen On The Boulevard is a striking new rowhome development that masterfully blends the influence of the timeless elegance of 19th-century architecture with the comfort and sophistication of contemporary city living. Nestled along one of Chicago's historic boulevards, these 14 bay-windowed homes enhance the surrounding late-1800s streetscape while offering every modern convenience. Each residence spans four light-filled levels, designed with intention, balance, and luxury in mind. Interiors feature clean lines, refined materials, and sumptuous finishes that provide both visual delight and everyday comfort. Spacious bedrooms, ample storage, a heated two-car attached garage, and a show-stopping rooftop deck equipped with water, gas, and electric connections, along with a sleek indoor wet bar, make these homes ideal for both daily living and entertaining. The semi-open-concept layout strikes a balance between flow and privacy. At the heart of each home, the chef's kitchen features custom cabinetry, quartz countertops, and premium stainless-steel appliances. A classic parlor-inspired living room invites relaxation, while the rear-positioned dining area opens to a private balcony, encouraging a seamless indoor-outdoor lifestyle. The primary suite offers a private retreat with room for a king-sized bed, a generous walk-in closet, and a spa-inspired en-suite bath complete with a curbless shower, wet room, and double vanity. The second floor also features two additional bay-windowed bedrooms, a full bathroom, and a well-appointed laundry room equipped with a side-by-side washer and dryer. Additional living space extends to the finished lower level, which features a sunlit den or optional fourth bedroom with a full bath, interior access to the heated garage, and a spacious storage loft above. One level up, a large family room creates the perfect gathering space, connecting seamlessly to the main living areas through a wide staircase. Located in the heart of Chicago's GAP neighborhood in historic Bronzeville, Fourteen On The Boulevard offers rare fee-simple living in one of the city's most vibrant and connected communities. Walk to the lakefront, 31st Street Beach and Harbor, Jewel-Osco and Mariano's grocery stores, and a variety of local eateries. The location offers excellent access to major transportation arteries, including I-90/94, I-55, and Lake Shore Drive, as well as convenient CTA bus and train routes. Bordered by the IIT campus, Chicago's Lakefront, and McCormick Place, you're just minutes from downtown, Hyde Park, and the South Loop's entertainment, restaurants, and shopping, as well as cultural beacons such as the Griffin Museum of Science and Industry and the University of Chicago and Museum Campus. Every detail tells a story of quality, comfort, and intention. Schedule your private tour of Fourteen On The Boulevard today.

3249 S Calumet Avenue, Chicago
$2,250,000
12366368 MLS ⋅ ACTIVE Status
FOR USER/INVESTMENT- Strauss Realty presents a 54,000 SF two-story Timber and Concrete loft building for creative spaces or light manufacturing. It is available in the heart of Chicago's Bronzeville. A 16,000 SF vacant lot on State Street is included for parking or outdoor storage. The building includes new state-of-the-art heavy power, new bathrooms, new alarm system for 24/7 entry, new sprinkler system, and new heating throughout the space. It is ideal for creative space, manufacturing, or an investor looking for a potential multi-tenant building. The building offers amenities such a new modern offices, a kitchenette, and an outdoor patio. This is a great location located in a TIF Zone with Sox Stadium and IIT nearby, and great accessibility via I-94 and Lake Shore Drive. Also, conveniently located to the State Street buses, Red and Green Line "EL" trains and Metra, and just minutes from downtown Chicago.

4130 S Wabash Avenue, Chicago
$399,000
12267192 MLS ⋅ ACTIVE Status
Prime vacant land perfect for development. This terrific corner lot is ideally located East of 90/94 and just west of michigan .next train station 47th st the Green Line.

300 E 47Th Street, Chicago
$30,000
12264659 MLS ⋅ ACTIVE Status
Zoned for multi-unit

715 E 46Th Street, Chicago
$650,000
12136623 MLS ⋅ ACTIVE Status
A 3,600 square foot retail center located in Chicago, IL is available for sale. This property is situated on a substantial stretch on 47th Street in Bronzeville. Tenants at the center include Raven Scaife/Pretty Hair Boss Studio, Taqueria Varitas and LaJoie Hair Care. Prominent pedestal, ample parking and close proximity to public transportation makes this is great opportunity for an investor. This property is situated in the commercial district of Bronzeville neighborhood, one of the rapidly growing sub-divisions of Chicago's south side.

700 E 47Th Street, Chicago
$1,500,000
12108991 MLS ⋅ ACTIVE Status
GRAND & ELEGANT DEFINES THE HISTORICAL MAMMOTH LIFE AND ACCIDENT INSURANCE COMPANY LIMESTONE BUILDING. ARCHITECT HENRY L. NEWHOUSE. CHICAGO'S 1ST BLACK OWNED INSURANCE COMPANY. BUILT IN 1925 THIS 7,500 SQUARE FEET BUILDING IS LOCATED IN THE HEART OF BRONZEVILLE/GRAND BOULEVARD 47TH STREET EMERGING RETAIL DISTRICT! ZONED B3-3 COMMUNITY SHOPPING DISTRICT, ALLOWS MORE TYPES OF BUSINESSES WITH APARTMENT PERMITTED ABOVE THE GROUND FLOOR. CLOSE TO GREEN LINE, LAKE SHORE DRIVE (EAST) AND DAN RYAN EXPRESSWAY (WEST) 15 MINUTES FROM DOWNTOWN CHICAGO. THIS PROPERTY OFFERS THE MOTHER LOAD OF REDEVELOPMENT OPPORTUNITIES! SOLD "AS IS". THIS PARCEL IS SUITED FOR A CREDIT UNION, BANKING INSTITUTION, ALL OFFICE TYPE BUSINESSES. NEEDS COMPLETE REHAB. SELLER HIGHLY MOTIVIATED CONSIDERING ALL OFFERS.

4636 S King Drive, Chicago
$650,000
11409973 MLS ⋅ ACTIVE Status
This is a rare opportunity to own seven (7) contiguous lots in the hot Bronzeville area at the southwest corner of 47th and Indiana. The lot measures at 110' x 161.70' x 110' x 161.70' which equates to 17,787 square feet. This is a B3-3 zoning. All plans and permits are included with this sale.

121 E 47Th Street, Chicago
$15,000
11222831 MLS ⋅ ACTIVE Status
Outdoor parking, 1 of 12 gated garage units at South Indiana Condominiums

4832 S Indiana Avenue Unit #G-28, Chicago
$18,000
11222807 MLS ⋅ ACTIVE Status
Outdoor parking, 1 of 8 outdoor parking spots at Four Winds Condominiums

4441 S Indiana Avenue Unit #P-7, Chicago



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.