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4929 S. Vincennes Ave 6 Unit Apartment Building $1,000,000 ($166,667/Unit) Chicago, IL 60615
Investment Highlights
- Highly desirable Bronzeville location
- Updated units with modern finishes including granite countertops
- Optimal units mix of (2) 1BD/1BA, (3) 2BD/1BA, and (1) 3BD/1BA units
Executive Summary
Interra Realty is pleased to present exclusively for sale 4929 S Vincennes Ave. The subject property is an attractive grey stone six flat in Chicago's rapidly appreciating Bronzeville neighborhood. The property is comprised of (2) 1BD/1BA, (3) 2BD/1BA, and (1) 3BD/1BA apartments.
The units have been thoughtfully updated with modern finishes throughout. Updates include new kitchen cabinets, stainless steel appliances, granite countertops and luxury vinyl plank flooring. Tenants enjoy convenient access to the amenities of Washington Park and the 47th St Green Line Station. With a strong in place rent roll, qualified investors have the opportunity to acquire an asset that is cash flowing on day one in a neighborhood with strong demand.
The units have been thoughtfully updated with modern finishes throughout. Updates include new kitchen cabinets, stainless steel appliances, granite countertops and luxury vinyl plank flooring. Tenants enjoy convenient access to the amenities of Washington Park and the 47th St Green Line Station. With a strong in place rent roll, qualified investors have the opportunity to acquire an asset that is cash flowing on day one in a neighborhood with strong demand.
Property Facts
| Price | $1,000,000 | Building Class | C |
| Price Per Unit | $166,667 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 5,481 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | ||
| Zoning | RM-5 | ||
| Price | $1,000,000 |
| Price Per Unit | $166,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 5,481 SF |
| No. Stories | 3 |
| Year Built | 1915 |
| Zoning | RM-5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 700 |
| 2+1 | 3 | - | 800 |
| 3+2 | 1 | - | 1,400 |
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Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 20-10-217-012-0000 | Improvements Assessment | $45,328 |
| Land Assessment | $12,516 | Total Assessment | $57,844 |
Property Taxes
Parcel Number
20-10-217-012-0000
Land Assessment
$12,516
Improvements Assessment
$45,328
Total Assessment
$57,844
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4929 S. Vincennes Ave