This Multifamily Property is no longer advertised on LoopNet.com.
5401 Chicago Ave
The Pearl · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
48-Unit Market-Rate Mixed Use Building
Located in an Up-and-Coming Neighborhood
Main Level Retail Space
The Location is Near Diamond Lake, Lake Nokomis, and the Minnehaha Parkway
PROPERTY FACTS
No. Units
48
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Mid-Rise
Building Class
B
Lot Size
0.38 AC
Building Size
56,967 SF
Average Occupancy
100%
No. Stories
4
Year Built
2024
Parking Ratio
0.28/1,000 SF
AMENITIES
UNIT AMENITIES
Air Conditioning Balcony Cable Ready Dishwasher Disposal Microwave Storage Space Washer/Dryer Washer/Dryer Hookup Heating Security System
Bay Window Ceiling Fans Kitchen Granite Countertops Vaulted Ceiling High Speed Internet Access Refrigerator Oven Sprinkler System Stainless Steel Appliances Range
Tub/Shower Views Walk-In Closets Carpet Wi-Fi Den Dining Room Double Pane Windows Freezer Handrails
Intercom Island Kitchen Lawn Linen Closet Office Pantry Patio Wheelchair Accessible (Rooms) Window Coverings Workshop
SITE AMENITIES
24 Hour Access Business Center Controlled Access Property Manager on Site Security System
Disposal Chutes Wheelchair Accessible On-Site Retail Package Service Wi-Fi
Storage Space Bicycle Storage Car Charging Station Community-Wide WiFi Elevator
Lounge Sundeck Green Community Fiber Optic Internet
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
12
$1,398
503 - 745
2+1
17
$1,677
648 - 966
2+2
16
$1,677
800 - 1,141
3+2
3
$1,938
1,137
PROPERTY TAXES
Parcel Numbers
Multiple
23-028-24-21-0040
23-028-24-21-0041
Improvements Assessment
$413,600
Land Assessment
$264,700
Total Assessment
$678,300
