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4711-4715 S Michigan Ave
Chicago, IL 60615
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Favorable Assumable Debt, Current Balance of $1.23MM, 4.41% IR
- Favorable Mix of Entirely Two, Three, and Four Bedroom Units; All Units Have Two Bathrooms
- Can be Purchased as a Portfolio with 5 Nearby Apartment Buildings
- 100% Gut Renovated Units with In-Unit Washer/Dryer Throughout
- Opportunity for Investor to Achieve Stellar Cash Returns With Assumable Below-Market Interest Rate
Property Facts
| No. Units | 10 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 19,527 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1890 |
| Zoning | RM-5 - Multi-Family | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 19,527 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1890 |
| Zoning | RM-5 - Multi-Family |
Amenities
Site Amenities
- Fenced Lot
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
| 3+2 | 4 | - | - |
| 4+3 | 2 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $72,155 | |
| Land Assessment | $29,245 | Total Assessment | $101,400 |
Property Taxes
Parcel Numbers
Land Assessment
$29,245
Improvements Assessment
$72,155
Total Assessment
$101,400
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