4736 S Prairie Ave - Apartments FOR SALE


Chicago, IL 60615- Bronzeville
$899,999 USD
312-269-0220
4736 S Prairie Ave, Chicago, IL for Sale
$899,999 USD
Apartments - FOR SALE
1/1
null | 5.32% Cap Rate

4736 S Prairie Ave
Chicago, IL 60615
Bronzeville


OVERVIEW

Prime Location: Located in the Bronzeville neighborhood of Chicago which is known for its vibrant culture, architectural beauty, and artistic legacy. Excellent Investment Opportunity: Live-in owner can take advantage of Fannie Mae financing, offering favorable terms, lower down payment, and competitive interest rates Attractive Unit Mix: Property features (1) 3Bd/2Ba & (2) 4Bd/2Ba; Approximately 1,600 Square Foot Average Unit Size; Current ownership has updated some kitchen appliances and added Washer/Dryer in-unit; a new owner will have the opportunity to renovate bathrooms and common areas Transit Oriented Property: Walking distance to the 47th Street Green Line train station Ability To Push Rents: Opportunity for new owner to immediately increase rents to market. Approximately $300-400/mo per unit of AS-IS rental increase achievable

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$200 USD /SF

# OF UNITS

3

PRICE/UNIT

$300,000

CAP RATE

5.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1889

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Multi Family

APN/PARCEL ID

20-10-103-024-0000

ASK ABOUT THIS PROPERTY

Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

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Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

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