521 E 46th Place Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $4,765/month
About This Home
A rare opportunity to own a fully occupied, cash-flowing 4-unit 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,821
Year Built
- Built in 1889
Lot Details
- Lot Dimensions are 25x129
Home Design
- Stone Siding
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 4 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 4 Units
- Gross Income $79,500
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,437 | $52,001 | $11,288 | $40,713 |
| 2024 | $5,437 | $52,001 | $11,288 | $40,713 |
| 2023 | $5,278 | $29,001 | $11,288 | $17,713 |
| 2022 | $5,278 | $29,001 | $11,288 | $17,713 |
| 2021 | $5,177 | $28,999 | $11,287 | $17,712 |
| 2020 | $4,879 | $25,004 | $5,482 | $19,522 |
| 2019 | $5,020 | $28,414 | $5,482 | $22,932 |
| 2018 | $4,934 | $28,414 | $5,482 | $22,932 |
| 2017 | $4,541 | $24,468 | $4,515 | $19,953 |
| 2016 | $4,401 | $24,468 | $4,515 | $19,953 |
| 2015 | $2,636 | $24,468 | $4,515 | $19,953 |
| 2014 | $3,151 | $19,551 | $3,870 | $15,681 |
| 2013 | $2,291 | $19,551 | $3,870 | $15,681 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2026 02/12/26 | For Sale | $760,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12567000
APN: 20034240070000
- 4615 S Vincennes Ave
- 4704 S Saint Lawrence Ave Unit 2E
- 4704 S Saint Lawrence Ave Unit 4W
- 4706 S Saint Lawrence Ave Unit 2E
- 4529 S Vincennes Ave
- 715 E 46th St
- 443 E 45th Place Unit 1
- 4730 S Champlain Ave Unit 3
- 4634 S Langley Ave
- 4759 S Forrestville Ave Unit 1W
- 4755 S St Lawrence Ave Unit B3
- 446 E 48th St Unit 3E
- 444 E 48th St Unit B2
- 444 E 48th St Unit B3
- 444 E 48th St Unit 3W
- 444 E 48th St Unit 2W
- 444 E 48th St Unit 1W
- 442 E 48th St Unit 2E
- 442 E 48th St Unit 1E
- 442 E 48th St Unit B1
- 4751 S Forrestville Ave Unit 3N
- 4751 S Forrestville Ave Unit 1N
- 442 E 48th St Unit 2E
- 4829 S Forrestville Ave Unit G
- 4829 S Forrestville Ave Unit ID1306572P
- 4830 S Saint Lawrence Ave Unit 1
- 4552 S Evans Ave Unit 2
- 4829 S St Lawrence Ave Unit 1
- 4618 S Evans Ave Unit Basement
- 4617 S Calumet Ave Unit 1
- 4714 S Evans Ave Unit 3N
- 4541 S Calumet Ave Unit 2
- 4539 S Evans Ave Unit 3
- 4539 S Evans Ave Unit 2
- 438 E 49th St Unit 3
- 637 E 49th St Unit 3
- 4525 S Prairie Ave Unit 2
- 4351 S King Dr Unit 2
- 4925 S Champlain Ave Unit 2
- 4335 S Saint Lawrence Ave Unit 1