4612-4626 S Lake Park Ave - Apartments FOR SALE


Chicago, IL 60653- Kenwood
$10,650,000 USD
630-550-1515
4612-4626 S Lake Park Ave, Chicago, IL for Sale
$10,650,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

4612-4626 S Lake Park Ave
Chicago, IL 60653
Kenwood


HIGHLIGHTS

  • Strong Location surrounded by strong retail centers
  • Strong Unit Mix
  • High-Quality Renovations

OVERVIEW

SVN Chicago Commercial is pleased to present a 48-unit Multifamily building located in the highly desirable Kenwood Neighborhood of Chicago's South Side. The property is steps away from strong retail centers. The unit mix consists of (36) two-bedroom, one-bath apartments and (12) three-bedroom, one-bath apartments. The units have been remodeled with updated kitchens and baths, new appliances, and in-unit laundry. The building is equipped with Air Conditioning throughout, new electrical services with ample power, newer in-unit water tanks and furnaces, newer porches, newer roof, a high-quality security system and parking.

FOR SALE DETAILS

PRICE

$10,650,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

48

PRICE/UNIT

$221,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

RM-5

APN/PARCEL ID

20-02-403-029-0000

ASK ABOUT THIS PROPERTY

Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.