4748 S Prairie Ave, Chicago, IL 60615

Exceptional Multifamily Investment Opportunity – For Sale By Owner Discover this historic brick multifamily property located at 4748 S Prairie Avenue in Chicago’s Grand Boulevard neighborhood. Originally built in 1888 and reportedly renovated in 2013, this spacious property offers approximately 7,529 square feet of building area across three stories and a basement. All four residential units are currently tenant-occupied, providing immediate rental income from day one. Two of the four units receive rental payments through the Section 8 Housing Choice Voucher Program, offering an established rental income stream with a combination of housing assistance payments and conventional rental income. This income-producing property presents an excellent opportunity for investors seeking an established multifamily investment in Chicago. The property’s classic architecture, generous size, and established residential location make it an attractive long-term investment opportunity. Property Highlights: * Asking Price: $899,000 * Approximately 7,529 sq. ft. of building area * Four tenant-occupied residential units (legal unit count subject to verification) * Two units receiving Section 8 rental assistance payments * Immediate rental income * Historic brick construction * Originally built in 1888 * Reported renovation in 2013 * Three stories plus basement * Offered directly by the owner — For Sale By Owner Serious investors and qualified buyers are welcome. Contact the owner directly for additional property information, rental details, and showing arrangements.