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4601 S Indiana Ave 18 Unit Apartment Building $3,275,000 ($181,944/Unit) Chicago, IL 60653
Investment Highlights
- Prime Location
- Strong Capital Improvements
- Strong Unit-Mix
- Bronzeville Neighborhood
Executive Summary
SVN is pleased to present a 18-unit multifamily property located in Bronzeville. The desirable unit mix consists of (3) 2 Bed 1 Bath, (7) 2 Bed 2 Bath, (3) 3 Bed 2 Bath and (6) 3 Bed 2.5 Bath units. All units are very spacious and equipped with hardwood flooring, high-end appliances and in-unit laundry. Capital improvements consist of new in-unit furnaces and water tanks, newer gas meters, new roof and windows and newer electrical service.
Property Facts
| Price | $3,275,000 | Apartment Style | Low-Rise |
| Price Per Unit | $181,944 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| No. Units | 18 | Building Size | 20,691 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1901 |
| Zoning | R-5 - Residential Multi-Unit District | ||
| Price | $3,275,000 |
| Price Per Unit | $181,944 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 20,691 SF |
| No. Stories | 3 |
| Year Built | 1901 |
| Zoning | R-5 - Residential Multi-Unit District |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 2+2 | 6 | - | - |
| 3+2 | 3 | - | - |
| 3+2.5 | 6 | - | - |
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Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 20-03-321-001-0000 | Improvements Assessment | $163,825 |
| Land Assessment | $28,175 | Total Assessment | $192,000 |
Property Taxes
Parcel Number
20-03-321-001-0000
Land Assessment
$28,175
Improvements Assessment
$163,825
Total Assessment
$192,000
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4601 S Indiana Ave
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