$1,675,000 USD
312-890-2232
4317 S Michigan Ave
Chicago, IL 60653
Bronzeville
HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Favorable Mix of [6] 1BD/1BA and [6] 2BD/1BA Units
- Stabilized, Cash-Flowing Asset with Strong History of High Occupancy and Collections
- Opportunity for Investor to Add Value by Increasing Currently Below Market Rents
- Within Two Blocks of CTA Green Line 43rd St Stop and Access to I-90
- Located in Desirable and Fast Appreciating Bronzeville Submarket
FOR SALE DETAILS
PRICE
$1,675,000 USD
PRICE/SF
$208 USD /SF
# OF UNITS
12
PRICE/UNIT
$139,583
CAP RATE
9%
% LEASED
95%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1902
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.19 AC
LAND SF
8,276 SF
ZONING
RM-5
APN/PARCEL ID
20-03-302-002-0000
ASK ABOUT THIS PROPERTY
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312-890-2232
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312-890-2232
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