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Listing provided courtesy of Taylor Realty Group LLCMREDas Distributed by MLSGrid- MLS# 12567000MLS Provider

521 E 46th PlaceChicago, IL 60653

Multi-Family · 10 Beds
$740,000 Active

521 E 46th Place Overview

Time on Site:
138 days
Visits:
1

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.

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521 E 46th Place Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Gross Income: 79500

Building Information

  • New Construction: No
  • Year Built: 1889

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $9,821.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20034240070000
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 10
  • Bedrooms Possible: 10
  • Full Baths Building: 4

General Information

  • Basement: Partially Finished, Full, Walk-Out Access
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 20

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Dimensions: 25x129
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Stone

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1475
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1550
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1850
  • Beds Total: 3
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 1750
  • Beds Total: 4
  • Baths Total: 1

521 E 46th Place Neighborhood

Community

60653 (Chicago) Demographics

35
Median Age
11,237
Population Density (per sq. mile)
43%
College Educated
$34,621
Estimated Median Income
4,433
Estimated Total Home Owners
11,501
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

521 E 46th Place Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

521 E 46th Place Market Data

Based on the last 30 days in this zip code

$445,053
Average List Price
$227
Average Price per Square Foot
19
Properties Sold
46
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

521 E 46th Place History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Price Reduction
$740,000 -1.3%
6/11/2026Source: MRED Status Change
Price Change
5/31/2026Source: MRED Status Change
Active
5/26/2026Source: MRED Price Reduction
$750,000 -1.3%
5/26/2026Source: MRED Status Change
Price Change
5/9/2026Source: MRED Status Change
Active
5/4/2026Source: MRED Status Change
Re-activated
4/22/2026Source: MRED Status Change
Pending
4/8/2026Source: MRED Status Change
Active
4/3/2026Source: MRED Status Change
Re-activated
3/29/2026Source: MRED Status Change
Pending
2/17/2026Source: MRED Status Change
Active
2/11/2026Source: MRED Added to Database
February 11, 2026