3 months on rocket

4837 S Forrestville Ave Unit G, Chicago, IL, 60615

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
2 Full Baths
1,600 SqFt
$124/SqFt
Condo

Location

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4837 S Forrestville Ave Unit G, Chicago$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
HeatingNatural Gas
CoolingCentral Air
FireplaceGas Log
MLS #12158935
StatusActive

About 4837 S Forrestville Ave Unit G

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.)

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: D'Andre Daye

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: No
  • Interior: Hardwood Floors
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Assigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on 47th until Forrestville. Head South on Forrestville, property will be on the East side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $124/SqFt

HOA Fees:

  • Amount: $154
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

4837 S Forrestville Ave Unit G vs Chicago

98 DAYS ON ROCKET

+65 Days

$199,000

-$164.9K Less

$124/SqFt

-$137 Less

KEY TAKEAWAY

This property is $164.9K less than the Median Sold Price and $137/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12158935

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: D'Andre Daye

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IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:16:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4548410
4
/10
  • Univ of Chicago Charter-Nth Kenwood

  • 1119 E 46th St

  • 0.80 miles

  • Public Charter Grades PK-5

school-card-donut-4548411
5
/10
  • Shoesmith Elementary School

  • 1330 E 50th St

  • 0.95 miles

  • Public District Grades KG-6

school-card-donut-4548412
5
/10
  • Robinson Elementary School

  • 4225 S Lake Park Ave

  • 1.02 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,456. The majority of Chicago, IL residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4837 S Forrestville Ave Unit G

What is the listing price of this property?

The listing price of 4837 S Forrestville Ave Unit G property is $199,000.

What type of property is this?

The property 4837 S Forrestville Ave Unit G is a condo located in Chicago, Illinois, 60615.

Is this property for sale now?

Active Listing: 4837 S Forrestville Ave Unit G is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4837 S Forrestville Ave Unit G has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4837 S Forrestville Ave Unit G is 1,600 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Chicago›60615›4837 S Forrestville Ave Unit G

This home is located at 4837 S Forrestville Ave Unit G in Chicago, IL and zip code 60615 in the South Side neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $199,000.

In November 2024, from all listings sold in Chicago, IL there were more than 521 sold above asking price, over 845 sold below and more than 254 were sold right at the asked price. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. In November 2024 median list price was $363,936 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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