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4070 N Kenmore Ave
Chicago, IL 60613
Multifamily Property For Sale
·
43 Units
PROPERTY FACTS
| No. Units | 43 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1929 |
| Building Class | B | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 30,000 SF |
| No. Stories | 4 |
| Year Built | 1929 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Package Service
ABOUT 4070 N KENMORE AVE , CHICAGO, IL 60613
Kiser Group is pleased to present for sale 4070 N. Kenmore. Located in Chicago's Buena Park Neighborhood, this vintage corridor building is registered as a forty-three (43) unit building. Currently, there are forty-one (41) studios rented. It is our understanding that two studios were combined for the managers unit and one studio has been converted into a laundry room. The property has been well maintained and managed for decades by the current owner. Below market rents have resulted in 100% occupancy and long-term tenants, all of whom are on month-to-month leases. The building has a new boiler, hot water heater, newer electric, newer windows and two newer hot water tanks; however, the finishes in units and common areas are dated. Additional income is generated by four (4) surface parking spaces and coin operated laundry machines (owned). 4070 N. Kenmore Ave is located in the North Side neighborhood of Buena Park. In recent years, Buena Park has become the destination for young professionals and families who are looking for the Lakeview experience at an affordable price. Located one (1) block from the Sheridan Red Line stop and four (4) blocks from Lake Shore Drive and the adjacent lakefront bike path, residents have a short commute downtown. In addition to its close proximity to public transportation and Lake Michigan, 4070 N Kenmore is three (3) blocks from Wrigley Field and the surrounding restaurants and shops of Wrigleyville. Always a popular spot in Chicago, Wrigleyville has seen an explosion of development with hundreds of millions of dollars invested in projects such as the Addison & Clark Development, Hotel Zachary, and the Park at Wrigley Field.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 41 | $527.50 | 275 - 375 |
PROPERTY TAXES
| Parcel Number | 14-17-401-033-0000 | Improvements Assessment | $252,176 |
| Land Assessment | $46,563 | Total Assessment | $298,739 |
PROPERTY TAXES
