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4745 S Saint Lawrence Ave
Chicago, IL 60615
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Renovated residences with modern finishes.
- Located near the 47th Street Green Line.
- Individual HVAC and in-unit laundry.
- Market-rate tenancy with established income.
Executive Summary
4745 S St. Lawrence Avenue presents a six-unit multifamily investment opportunity within Chicago's Bronzeville neighborhood. The property consists of a masonry and stone walk-up building featuring a mix of two- and three-bedroom residences. Renovated interiors include professional-grade kitchens, quartz countertops, stainless steel appliances, formal dining rooms, custom closet systems, in-unit laundry, individual HVAC systems, and oversized rear decks. The property benefits from approximately 40 feet of frontage, exterior parking, and two unfinished basements that may support future expansion opportunities. Located within walking distance of the 47th Street Green Line station and Bronzeville's cultural corridor, the asset offers convenient access to neighborhood amenities, restaurants, galleries, and employment centers. The property is currently occupied with market-rate tenants and generates established rental income, making it suitable for investors seeking a stabilized multifamily acquisition.
Property Facts
| Price Per Unit | $216,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 7.50% | Building Size | 5,141 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM-5 | ||
| Price Per Unit | $216,500 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,141 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | RM-5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 2 | - | - |
Property Taxes
| Parcel Number | 20-10-203-043-1001 | Improvements Assessment | $10,922 |
| Land Assessment | $2,890 | Total Assessment | $13,812 |
Property Taxes
Parcel Number
20-10-203-043-1001
Land Assessment
$2,890
Improvements Assessment
$10,922
Total Assessment
$13,812
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