4917 W. Addison 3 Unit Apartment Building $725,000 ($241,667/Unit) 5.45% Cap Rate Chicago, IL 60641

Kiser Group is pleased to exclusively offer for purchase 4917 W. Addison St, a three (3) unit walk-up building located in Chicago's desirable Portage Park neighborhood. The property is ideally situated along Addison Street, providing residents with convenient access to neighborhood restaurants, retail, parks, and public transportation. Its proximity to the Six Corners shopping district, CTA Blue Line, Metra, and I-90/94 offers excellent connectivity throughout Chicago.
4917 W. Addison St. features an attractive unit mix consisting of two (2) spacious 3Bd/1Ba apartments and one (1) 2Bd/1Ba apartment. Each residence offers generously sized floor plans with separate living and dining rooms, modern kitchens and bathrooms, and finishes designed to appeal to today's renters. The building has been well maintained and features all copper plumbing, updated electrical service, individual furnaces for each unit, and an on-site laundry facility, providing operational efficiency while minimizing future capital expenditure needs.
4917 W. Addison St. presents investors with the opportunity to acquire a well-maintained asset in one of Chicago's most established rental neighborhoods. The combination of spacious floor plans, quality building systems, and a strong Portage Park location provides stable in-place income with long-term appreciation potential, making this an excellent opportunity for both investors and owner-occupants.