4837 S Forrestville Avenue #1
Chicago, IL 60615

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Description

Price Drop Alert! Exceptional 2-Bed Garden Unit in Bronzeville Now Just $199,000 with $5,000 Seller Concession! Seize the opportunity to own this spacious, 1500+ sqft garden condo on a serene, tree-lined street in Bronzeville-one of Chicago's fastest-growing neighborhoods! Whether you're an investor looking for immediate returns or a first-time buyer seeking a stylish city retreat, this 2-bed, 2-bath condo has everything you need for a smart investment and comfortable living. Step into a modern, open layout featuring stainless steel appliances, original hardwood floors, and a cozy gas log-burning fireplace. A versatile den provides the perfect space for a home office or flex room, while the open-concept kitchen, living, and dining area make entertaining a breeze. Enjoy the added convenience of a private parking space, central A/C, and a luxurious master suite. With the unit currently occupied by CHA tenants on a month-to-month lease, this property generates reliable income. Minor updates could boost rental potential to over $2,000 per month, and with 2-bedroom after-repair values in Bronzeville exceeding $260,000, this unit offers substantial equity gain. The surrounding area continues to see new developments, positioning this property for incredible appreciation in value. Live surrounded by the best of city amenities-vibrant dining, shopping, nightlife, and public transit all just minutes away. This remarkable deal won't last long-schedule your showing today and make this Bronzeville gem your own! (Please note: Tenant rights apply.)

Features

• Property Type: Condo/Townhouse
• Sub Type: Attached Single
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60615
• School District: 299
• Sq.Ft.: 1,600 sq ft
• Total Rooms: 6
• Bedrooms: 2
• Full Baths: 2
• # of Parking Spaces: 1
• Fireplace: Gas Log, 1
• Baths: 2
• Appliances: Range, Microwave, Refrigerator, Washer, Dryer
• Association Fee Includes: Water, Electricity, Insurance, Exterior Maintenance, Lawn Care, Scavenger
• Bath Amenities: Whirlpool, Double Sink
• Bedrooms Possible: 2
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air
• Dining Room: Combined w/ LivRm
• Directions: East on 47th until Forrestville. Head South on Forrestville, property will be on the East side of the street.
• East: 532
• Fireplace Location: Living Room
• Flooring: Hardwood
• HOA Fee: 154
• HOA Frequency: Monthly
• Heating: Natural Gas
• Is Parking Included in Price: Yes
• Laundry Features: In Unit
• Living Area Source: Estimated
• Main Type: Residential
• Management: Manager Off-site, Monday through Friday
• Management Company: PIP Management
• Parking Features: Off Alley, Assigned, Parking Lot, Yes, Owned
• Rooms: Den
• Sewer: Public Sewer
• South: 4300
• Special Conditions Details: List Broker Must Accompany
• Special Service Area: N
• Stories Total: 1
• Tax Year: 2022
• Total # Units in Building: 3
• Township: Hyde Park
• Type Attached: Condo, Garden Unit
• Virtual Tour Date: 2024-12-05T21:04:14
• Water Source: Lake Michigan