4525 S Evans Ave - Apartments FOR SALE


Chicago, IL 60653- Bronzeville
$789,000 USD
773-293-5056
4525 S Evans Ave, Chicago, IL for Sale
$789,000 USD
Apartments - FOR SALE
1/17
null | 2.57% Cap Rate

4525 S Evans Ave
Chicago, IL 60653
Bronzeville


OVERVIEW

Kiser Group is pleased to exclusively offer for purchase the sale of 4525 S. Evans Ave, a three (3) unit walkup building in Chicago’s Bronzeville Neighborhood. The subject property is conveniently situated directly southeast of Armstrong Park, providing tenants with easy, walkable access to enjoy the city park. Additionally, the property sits three blocks northeast of the 47th – Green Line Train Station, allowing for quick and easy access to Chicago’s downtown. 4525 S. Evans Ave has a unit mix consisting of two (2) 2Bd/2Ba & one (1) 4Bd/2Ba units. The interior units are incredibly spacious, and each has been fully renovated under current ownership. Each unit offers condo-quality finishes: granite countertops, stainless steel appliances, and new hardwood flooring. In addition, each unit is equipped with its own washer and dryer. Further additions include fully updated electric, new copper plumbing, HVAC, windows, and a steel porch. 4525 S. Evans Ave presents an investor with the unique opportunity to acquire a fully renovated building in one of Chicago’s most sought-after neighborhoods. Thus, a buyer can own an asset that is positioned directly in the heart of a high-appreciating area with tremendous upside.

FOR SALE DETAILS

PRICE

$789,000 USD

PRICE/SF

$172 USD /SF

# OF UNITS

3

PRICE/UNIT

$263,000

CAP RATE

2.57%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1893

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

RT-4

APN/PARCEL ID

20-03-420-008-0000

ASK ABOUT THIS PROPERTY

John GeorgeKiser GroupMore Info
773-293-5056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John GeorgeKiser GroupMore Info
773-293-5056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.