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4320 S Michigan Ave
Chicago, IL 60653
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- 100% Gut Renovated Units with In-Unit Washer/Dryer Throughout
- Favorable Mix of Entirely Two, Three, and Four Bedroom Units; Most Units Have Two Bathrooms
- Favorable Assumable Debt, Current Balance of $1.32MM 4.43% IR
- Professionally Operated and Meticulously Maintained by Local Owner
- Stabilized, Cash-Flowing Building With Strong Rental Upside for Top-Quality Units and All Subsidy Tenants
Property Facts
| No. Units | 11 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 11,826 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1910/2020 |
| Zoning | RM-5 - Residential | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 11,826 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2020 |
| Zoning | RM-5 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 3+2 | 6 | - | - |
| 4+3 | 2 | - | - |
Property Taxes
| Parcel Number | 20-03-301-016-0000 | Improvements Assessment | $14,652 |
| Land Assessment | $18,314 | Total Assessment | $32,966 |
Property Taxes
Parcel Number
20-03-301-016-0000
Land Assessment
$18,314
Improvements Assessment
$14,652
Total Assessment
$32,966
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