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4625 S Drexel Blvd
Chicago, IL 60653
97-Unit Kenwood Portfolio · Multifamily Property For Sale
Investment Highlights
- Prime Location
- Spacious Units
- 2020 Gut Renovations
Executive Summary
SVN Chicago Commercial is pleased to present a prime Kenwood investment opportunity comprising two buildings: 4625 S Drexel Boulevard, a 62-unit property, and 4627 South Drexel Boulevard, a 35-unit building, totaling 97 units. The unit mix consists of (43) one-bed, one-bath, (25) two-bed, two-bath, (4) 2-bed, 2-bath, and (25) 3-bed, 2-bath apartments. All units are equipped with renovated kitchens and baths, hardwood flooring, in-unit laundry, and air conditioning throughout. The mechanical systems include: New electrical services with ample power, in-unit furnaces and water tanks, newer roof, newer porches, newer windows. The portfolio is positioned in one of Chicago's strongest South Side locations, surrounded by new development, the University of Chicago, and strong retail centers.
Property Facts
| Price / SF | $248.70 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 87,456 SF |
| Status | Active | Total Land Area | 1.05 AC |
| Number of Properties | 2 |
| Price / SF | $248.70 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 87,456 SF |
| Total Land Area | 1.05 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4627 S Drexel Blvd, Chicago, IL 60653 | Multifamily | 54,507 SF | 1929 | - |
|
Kenwood
4625 S Drexel Blvd, Chicago, IL 60653 |
Multifamily | 32,949 SF | 1927 | - |
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