312-848-6682
4659 S Drexel Blvd, Chicago, IL for Sale
Apartments - FOR SALE
1/31
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4659 S Drexel Blvd
Chicago, IL 60653
Kenwood


HIGHLIGHTS

  • Trophy Historic Asset in the Kenwood Neighborhood
  • Fully Renovated 13 Years Ago
  • Uncompromising Set of Common Area Amenities
  • Attractive Parking Ratio
  • Prominent Corner Location on the Boulevard

OVERVIEW

Interra Realty has been exclusively engaged to market 4659 S. Drexel Boulevard, The Sutherland, for sale. The subject investment property is a rarely available, renovated mixed-use asset in a high-demand location in Kenwood. Current ownership fully renovated this historic property 13 years ago. At that time, all building systems, envelope components, and unit finishes were upgraded. Additionally, desirable common area amenities were added including a fitness center, coworking space, billiards room, and tenant storage. The property offers on-site parking as well as an additional parking lot within a block from the property. The retail represents less than 10% of the total revenue and is fully occupied by a stable roster of tenants.

FOR SALE DETAILS

PRICE

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# OF UNITS

112

CAP RATE

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% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sutherland

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1923

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,512 SF

ZONING

C2-2

APN/PARCEL ID

20-02-316-009-0000

ASK ABOUT THIS PROPERTY

Joe SmazalInterra RealtyMore Info
312-848-6682

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Joe SmazalInterra RealtyMore Info
312-848-6682

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