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INVESTMENT HIGHLIGHTS
- Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements.
EXECUTIVE SUMMARY
Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville collection, focusing on longevity, quality, and the future potential of every investment. Their deep industry expertise is evident in the thoughtful capital improvements, superior tenant satisfaction, and consistent high-quality decisions that have become hallmarks of their ownership.
Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. This opportunity to purchase embodies their dedication to exceptionalism—a legacy of strategic investments, intentional upgrades, and unparalleled stewardship A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best.
The opportunity to scale can be packaged with the following properties:
a) 4235-37 S Calumet 8 unit elevator building 10 gated parking spaces $2,538,000/$190,392.02. NOI, CAP Rate 7.5;
b) 4348-58 S. Prairie Ave / 218-220 E 44th St: 31 unit, 5 entrances,125' X 160' lot, $8,360,000/$627,071.39 NOI, CAP Rate 7.5;
c) 4417-19 S. Indiana Ave: 10 unit elevator building, 10 parking spaces, $3,160,000/$236,984.07 NOI, CAP Rate 7.5;
d) 4834-46 S. Indiana Ave: 23 unit, 3 entrances, 20 gated parking spaces; $4,240,000/$318,068.41 NOI (excludes a botanic garden at 4848 S. Indiana Ave) CAP Rate 7.5
The total package offering is 72 units, 59 parking spaces at $18,298,000* and NOI $1,372.515.89 Cap Rate 7.5, plus 1 optional lot. Transparent, comprehensive scope of work, capital improvements, rent rolls, lease schedules and full financials available to qualified buyer 72 hours' notice M - F 10:00 AM to 4:00 PM.
Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. This opportunity to purchase embodies their dedication to exceptionalism—a legacy of strategic investments, intentional upgrades, and unparalleled stewardship A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best.
The opportunity to scale can be packaged with the following properties:
a) 4235-37 S Calumet 8 unit elevator building 10 gated parking spaces $2,538,000/$190,392.02. NOI, CAP Rate 7.5;
b) 4348-58 S. Prairie Ave / 218-220 E 44th St: 31 unit, 5 entrances,125' X 160' lot, $8,360,000/$627,071.39 NOI, CAP Rate 7.5;
c) 4417-19 S. Indiana Ave: 10 unit elevator building, 10 parking spaces, $3,160,000/$236,984.07 NOI, CAP Rate 7.5;
d) 4834-46 S. Indiana Ave: 23 unit, 3 entrances, 20 gated parking spaces; $4,240,000/$318,068.41 NOI (excludes a botanic garden at 4848 S. Indiana Ave) CAP Rate 7.5
The total package offering is 72 units, 59 parking spaces at $18,298,000* and NOI $1,372.515.89 Cap Rate 7.5, plus 1 optional lot. Transparent, comprehensive scope of work, capital improvements, rent rolls, lease schedules and full financials available to qualified buyer 72 hours' notice M - F 10:00 AM to 4:00 PM.
PROPERTY FACTS
| Price | $18,298,000 | Number of Properties | 4 |
| Price / SF | $201.28 / SF | Individually For Sale | 4 |
| Cap Rate | 7.50% | Total Building Size | 90,908 SF |
| Sale Type | Investment | Total Land Area | 1.11 AC |
| Status | Active |
| Price | $18,298,000 |
| Price / SF | $201.28 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 4 |
| Total Building Size | 90,908 SF |
| Total Land Area | 1.11 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4348-4358 S Prairie Ave, Chicago, IL 60653 | Multifamily | 36,000 SF | 1913 | $8,360,000 |
| 4834-4846 S Indiana Ave, Chicago, IL 60615 | Multifamily | 27,628 SF | 1913 | $4,240,000 |
| 4417-4419 S Indiana Ave, Chicago, IL 60653 | Multifamily | 13,760 SF | 2009 | $3,160,000 |
| 4235-4237 S Calumet Ave, Chicago, IL 60653 | Multifamily | 13,520 SF | 2008 | $2,535,000 |
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Chicago Bronzeville Collection AAA
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