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- LoopNet Team
6349 S Woodlawn Ave
Chicago, IL 60637
1031 Investment Near Obama Center Building Ap · Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- Build 2020 luxury apartments with separate utilities
- Walking distance to UChicago
- Walking distance to Lake Michigan
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 39,700 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | B | Parking Ratio | 0.65/1,000 SF |
| Zoning | RM-5 - Multifamilly | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 39,700 SF |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | RM-5 - Multifamilly |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Washer/Dryer
- Heating
- Crown Molding
- Double Vanities
- Kitchen
- Granite Countertops
- Hardwood Floors
- Dining Room
- Double Pane Windows
- Island Kitchen
SITE AMENITIES
- Fenced Lot
- Security System
- Elevator
ABOUT 6349 S WOODLAWN AVE , CHICAGO, IL 60637
42000 SF, 18-unit multifamily building with 3: 4 bedrooms 4 baths duplex's, 9: 3 bedrooms 3 baths & 2: 3 bedrooms 2 baths & 3: 2 bedrooms 2 baths apartments. This luxury apartment new in April 2020 property is a Core Investment. In RM-5 Zone include: 18 units total, 9 apartments with 3 bedrooms 2 baths, 3 apartments with 4 bedrooms 2 & 1/2 baths, 3 apartments are duplex's with 4 bedrooms 3 & 1/2 baths, and 3 apartments with 2 bedrooms 2 baths. In & out 26 car parking (11 inside). Amenities: full washer & dryer in each apartment, fireplace in each apartment, high-end appliances, hardwood floors, brand new building not unoccupied yet. Tenants will pay utilities. Walking distance to Lake Michigan, Hide Park restaurants & UChicago in a top 10 medical universities. Currently vacant occupancy permit passed. Can be bundled with 6456 S Woodlawn as package portfolio see listing number: 10710699
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 3 | - | 2,200 - 2,600 |
| 3+3 | 9 | - | 1,700 - 1,800 |
| 3+2 | 2 | - | 1,300 - 1,500 |
| 2+2 | 3 | - | 1,200 - 1,400 |
PROPERTY TAXES
| Parcel Number | 20-23-200-018-0000 | Improvements Assessment | $156,843 |
| Land Assessment | $20,558 | Total Assessment | $177,401 |
PROPERTY TAXES
