4625 S Drexel Blvd
Chicago, IL 60653
Kenwood · Multifamily Property For Sale
·
62 Units
Property Facts
| No. Units | 62 | Lot Size | 0.47 AC |
| Property Type | Multifamily | Building Size | 32,949 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 1927 |
| Zoning | RM-5 | ||
| No. Units | 62 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.47 AC |
| Building Size | 32,949 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | RM-5 |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
About 4625 S DREXEL BLVD , CHICAGO, IL 60653
Essex Realty Group, Inc. has been exclusively engaged to market for sale 4625 S. Drexel Blvd., a 62-unit apartment building located in Chicago's Kenwood neighborhood. The unit mix consists of forty-five (45) studios, fifteen (15) 1 bedroom, and two (2) 2 bedroom garden apartments. Typical units include hardwood floors the unit, vinyl in the kitchen and tile in the bathrooms. The hallways have brand new carpeting and new paint. The Kitchens have been updated throughout the years with white appliances and laminate or faux granite counter-tops and radiator heat. Building amenities include entry with intercom entry system, one elevator, a bike room and leased laundry through CSC with 5 washer and 5 dryers. On the ground floor there is raw space in excess of 3,000 square feet that could be used for additional amenities or units. This building falls in the Opportunity Fund Zone for reinvestment.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 45 | - | 350 - 400 |
| 1+1 | 15 | - | 550 - 600 |
| 2+1 | 2 | - | 700 |
Property Taxes
| Parcel Number | 20-02-316-004-0000 | Improvements Assessment | $188,811 |
| Land Assessment | $24,389 | Total Assessment | $213,200 |
Property Taxes
