4733 N Washtenaw Ave - Multi-Family FOR SALE


Chicago, IL 60625- Lincoln Square
$1,250,000 USD
773-293-5045
4733 N Washtenaw Ave, Chicago, IL for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/5
null | 5.27% Cap Rate

4733 N Washtenaw Ave
Chicago, IL 60625
Lincoln Square


HIGHLIGHTS

  • Three (3) 3 Bed / 2 Bath Apartments
  • Renovated 2011
  • 3 Parking Spaces
  • 0.2 Miles from Rockwell CTA
  • 0.5 Miles from Western CTA
  • Current Rents are 30% Below Market

OVERVIEW

Kiser Group has been exclusively engaged to market for sale 4733 N. Washtenaw, a three-unit walk-up in the heart of Chicago's highly desirable Lincoln Square neighborhood. Located just blocks from the Rockwell Brown Line stop and the vibrant Lincoln Square commercial corridor, the property offers investors the opportunity to acquire a classic Chicago asset with renovated interiors in a premier North Side location. The building features three (3) 3 bed / 2 bath apartments, each approximately 1,300 square feet, with modern finishes including hardwood flooring, stainless steel appliances, and granite countertops. Current rents are approximately 30% below market, presenting substantial value-add potential through light turnover improvements and strategic rent increases. With strong fundamentals and an unbeatable location in one of Chicago’s most sought-after neighborhoods, 4733 N. Washtenaw represents a compelling investment opportunity with both stability and meaningful upside.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,667

CAP RATE

5.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

13-13-202-012-0000

ASK ABOUT THIS PROPERTY

Jacob PriceKiser GroupMore Info
773-293-5045

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Jacob PriceKiser GroupMore Info
773-293-5045

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