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33158261
33158262

4725 South Michigan Avenue, Chicago, IL 60615 For Sale

JB
IL 475107724
AW Properties Global
Listed by AW Properties Global
$4,300,000
50 days on market
Updated 49 days ago
Opportunity zone

Bronzeville 5-Story 28-Unit Multifamily

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 21,200
Units 20
Year Built 1967
Lot Size (SqFt) 13,600
Zoning RM-5
Parking Spaces 20 spaces
Parking per 1,000 SqFt 0.94
Ground Lease No
Sale Condition N/A

5-Story 28-Unit Multifamily Building 4719-25 S Michigan

Marketing description

AW Properties is pleased to present the opportunity to acquire a 5-story, 28-unit multifamily asset located in Chicago’s Bronzeville neighborhood. The property offers a desirable unit mix consisting of (2) studio, (16) 1-bedroom 1-bath, and (10) 2-bedroom 1-bath units.

The building has been well maintained, with all units reported to be in good condition. Property amenities include a central boiler steam heating system, a passenger elevator, and an on-site parking lot with approximately 20 parking spaces. The property is situated on an approximately 85’ x 160’ parcel and zoned RM-5.

The asset is currently well occupied, presenting investors with an opportunity to acquire a stabilized multifamily property in one of Chicago’s most historically significant and evolving neighborhoods.

Investment highlights

Great Location - Bronzeville

Desirable Unit Mix - (2) Studio, (16) 1 Bedroom and (10) 2 Bedroom units

Parking Lot with 20 Spaces

Listing Contacts

JB
IL 475107724
AW Properties Global
Listed by AW Properties Global

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