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Description
4723-25 S. Vincennes Avenue is a six-unit plus one non- conforming multifamily investment opportunity located in the heart of Bronzeville, one of Chicago's most historic and rapidly evolving neighborhoods. Comprised of exceptionally large apartment layouts, the property features three 2-bedroom/1- bathroom units, three 3-bedroom + den/1-bathroom units, and one non-conforming garden unit consisting of a 2-bedroom/1-bathroom apartment. The asset presents a compelling value-add opportunity through interior renovations and strategic unit reconfiguration. Given the substantial unit sizes, investors have the ability to modernize the apartments while potentially adding additional bathrooms and creating more desirable 3-bedroom/2-bathroom layouts. Beyond the in-place rental upside, investors have multiple opportunities to further enhance value, including the potential to reconfigure the three oversized units, add additional bathrooms, and pursue a potential condominium conversion, subject to applicable zoning, approvals, and city requirements. The property also includes a non-conforming garden apartment that is currently leased and provides additional rental income. Combining below-market rents, substantial apartment layouts, and multiple value- add strategies, 4723-25 S. Vincennes Avenue presents an attractive opportunity to increase rental income and enhance the overall value of the asset in one of Chicago's established South Side neighborhoods.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 8,766
County: Cook
Listed By:
Essex 312, LLC
773-305-4858
MRED MLS
MLS ID: 12795212
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4723 S Vincennes Avenue, Chicago, IL 60615.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $995,000 | $995,000 | $995,000 |
| Down Payment | $199,000 | $34,825 | $248,750 |
| Monthly Mortgage Amount | $5,229 | $6,418 | $6,399 |
| Taxes | $1385 | $1385 | $1385 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $597 | $0 |
| Monthly Estimated Total | $6,904 | $8,690 | $8,074 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 11/05/2026. The listing information on this page last changed on 11/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 11/05/2026 12:00:20 AM EST) or MRED MLS (last updated Wed 11/04/2026 7:06:34 AM EST) or SCWMLS (last updated Wed 11/04/2026 11:55:08 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 11/04/2026 10:16:41 PM EST) or Cedar Rapids MLS (last updated Wed 11/04/2026 10:44:21 PM EST) or NEIRBR MLS (last updated Wed 11/04/2026 11:58:43 PM EST) or ICAAR MLS (last updated Wed 11/04/2026 11:37:42 PM EST) or ECIMLS (last updated Wed 11/04/2026 11:44:35 PM EST) or RMLSA (last updated Wed 11/04/2026 11:50:58 PM EST) or Muscatine MLS (last updated Wed 11/04/2026 11:45:25 PM EST) or No Coast MLS (last updated Wed 11/04/2026 11:54:23 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
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