4952 S Michigan Ave - Apartments FOR SALE


Chicago, IL 60615- Bronzeville
$1,200,000 USD
312-957-7213
4952 S Michigan Ave, Chicago, IL for Sale
$1,200,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

4952 S Michigan Ave
Chicago, IL 60615
Bronzeville


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Exceptional Chicago Market
  • Separately Metered Utilities
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 4952 S Michigan Ave in Chicago, IL (the “Property”). The three-story building contains three (3) 3-Bedroom/2-Bathroom units with 4,800 square feet of gross living area in 5,100 square feet of gross area. The Property is situated upon a 0.13-acre parcel and offers two (2) off-street parking spaces. 4952 S Michigan Avenue is well-positioned in Chicago’s historic South Side, offering strong access to surrounding residential neighborhoods and key employment and institutional anchors. The property benefits from convenient connectivity to major thoroughfares including Lake Shore Drive and Interstate 90/94 (Dan Ryan Expressway), as well as access to CTA bus and rail service, providing efficient regional access throughout Chicago and the greater metropolitan area.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

3

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4952 S Michigan Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RM-5

APN/PARCEL ID

20-10-113-036-0000

ASK ABOUT THIS PROPERTY

Danny BreiterHorvath & TremblayMore Info
312-957-7213

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Danny BreiterHorvath & TremblayMore Info
312-957-7213

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