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33333136
33333137

4150-4158 S Western Avenue, Chicago, IL 60609

JM
IL IL 471008761
The Leading Realtors Corp
Listed by The Leading Realtors Corp
$2,415,000
3 days on market
Updated 2 days ago

4150-4158 S Western Avenue

Details
APN 19012151731002
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 10
Cap Rate 4.60%
NOI $110,496
Year Built 2009
Stories 4

Multifamily | 4.60% CAP | 10 Units

Marketing description

Exceptional investment opportunity in the heart of Bridgeport! This offering consists of 10 residential units located within four side-by-side newer-construction, four-story mixed-use buildings in one of Chicago's most sought-after and rapidly growing neighborhoods. Each unit has separate PIN number! The first-floor commercial spaces are not included in the sale but may be acquired as a package deal separately for an additional purchase price. Nine of the ten residential units are currently leased, providing immediate income and strong in-place cash flow. Since acquisition, all units have been extensively renovated and updated, creating a true turnkey investment with minimal deferred maintenance and significant appeal to today's renters. The unit mix includes FOUR spacious 3-bedroom, 2-bath apartments and SIX well-appointed 2-bedroom, 2-bath apartments, all featuring functional floor plans, modern finishes, and contemporary living spaces designed to maximize tenant satisfaction and retention. Additional amenities include rear parking accommodations, along with abundant unrestricted street parking for residents and guests. Ideally situated near public transportation, major expressways including I-55, shopping, dining, parks, and neighborhood amenities, this property offers investors the rare opportunity to acquire a stabilized, income-producing asset in a proven rental market with strong long-term growth potential. Whether expanding an existing portfolio or completing a 1031 exchange, this well-maintained multifamily asset represents a compelling combination of location, cash flow, and upside potential in one of Chicago's most established and desirable neighborhoods. Rents should be higher!
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Listing Contacts

JM
IL IL 471008761
The Leading Realtors Corp
Listed by The Leading Realtors Corp

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,496.00
$9,208.00/mo

Valuation Metrics

0
DSCR
4.58%
Cap Rate
4.58%
ROI

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Additional Information

Name
Jim Mantas
License
IL 471008761
Brokerage
The Leading Realtors Corp
Brokerage Phone
6304559995
Title
Managing Broker
Brokerage Address
15717 Shire Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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