4956 S Vincennes Ave - Apartments FOR SALE


Chicago, IL 60615- Bronzeville
$1,700,000 USD
312-477-0197
4956 S Vincennes Ave, Chicago, IL for Sale
$1,700,000 USD
Apartments - FOR SALE
1/8
null | 7.15% Cap Rate

4956 S Vincennes Ave
Chicago, IL 60615
Bronzeville


HIGHLIGHTS

  • (6) 3 BD/2 (1) 3 BD/3 BA & (1) 4 BD/2 BA units
  • Luxury units featuring top of the market finishes (Granite Countertops/Stainless Steel Appliances/Marble Bathrooms/Fireplaces
  • Private Garage (1:1 Parking)
  • Storage Units For Tenants
  • In Unit Water Tank & HVAC
  • In Unit Washer/Dryer

OVERVIEW

Interra Realty has been exclusively engaged to present for sale 4956 S. Vincennes Ave. The subject property is an 8 unit, newer construction, condo quality asset in the Bronzeville neighborhood. The unit mix is comprised of (6) 3 BD/2BA, (1) 3 BD/3 BA & (1) 4 BD/2 BA unit (2 of the 8 are duplex style). The units feature market leading finishes including granite countertops throughout, stainless steel appliances, and marble bathrooms. There is a private parking garage with a 1:1 parking ratio. The units have individual water tanks, HVAC and include a washer/dryer. A qualified investor has the ability to acquire a newer construction, turn key, stabilized property in of Chicago's fastest appreciating submarkets.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

8

PRICE/UNIT

$212,500

CAP RATE

7.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,490 SF

ZONING

RM-5

APN/PARCEL ID

20-10-216-042-0000

ASK ABOUT THIS PROPERTY

Lucas FrymanInterra RealtyMore Info
312-477-0197

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Lucas FrymanInterra RealtyMore Info
312-477-0197

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