521 E 46th Place Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $4,815/month
About This Home
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.
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | Price Changed | $740,000 | -1.3% | -- |
| 05/26/2026 05/26/26 | Price Changed | $750,000 | -1.3% | -- |
| 05/04/2026 05/04/26 | For Sale | $760,000 | 0.0% | -- |
| 04/22/2026 04/22/26 | Pending | -- | -- | -- |
| 04/03/2026 04/03/26 | For Sale | $760,000 | 0.0% | -- |
| 03/29/2026 03/29/26 | Pending | -- | -- | -- |
| 02/12/2026 02/12/26 | For Sale | $760,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12567000
APN: 20034240070000
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Ask me questions while you tour the home.