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4417-4419 S Indiana Ave
Chicago, IL 60653
Multifamily Property For Sale
·
10 Units


INVESTMENT HIGHLIGHTS
- 10 unit elevator building, 10 parking spaces
- Can be acquired as a portfolio of 4 properties.
EXECUTIVE SUMMARY
7.5 CAP Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville Collection, focusing on longevity, quality, and the future potential of every investment. Their deep industry expertise is evident in the thoughtful capital improvements, superior tenant satisfaction, and consistent high-quality decisions that have become hallmarks of their ownership. Every property reflects an unwavering commitment to excellence. Their approach integrates a long-term vision balancing aesthetic appeal and functionality while fostering strong tenant communities. Intimate, Exclusive, Boutique Masonry 10-unit residential Mid-Rise elevator building with 10 gated parking spaces spanning 50 feet of frontage x 160 deep, 2 blocks to the Green line, set in exceptionally well located Dynamic Bronzeville redefines modern luxury living. Thoughtfully designed to blend sophistication with functionality and flow, this exclusive building offers and unparalleled experience, privacy, convenience and broad accessible appeal in every detail. Discover the perfect harmony of elegance and contemporary design in a truly unique urban sanctuary. Built in 2009 and since extensively upgraded and notable documented capital improvements offer abundant choice for numerous investment objectives. Intricate artesian sculptured iron fencing, inspired botanical garden park like setting rivaling arboretum status complete with Birch Grove, zoned irrigation system inclusive of grounds and parkway automated by app, meandering walkways lead through exotic tree placards emulating the Chicago Botanical Gardens listing the origin, name and year planted. 5-star hotel innovative designed common area completed with professional grade art, custom lighting envelope the lived brand experience. Expertly engineered, Intelligent design, expansive floorplans, unit mix offering all 3 bedroom 2 1/2 bath with elevator benefits. Sophisticated flow, acute attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, under cabinet lighting, gas fireplaces, multiple outdoor attached terraces front and rear, walk in closets, resort inspired primary bathrooms offer dual vanity vessel bowl sinks, soaking tubs and separate stand up showers, frameless glass, individual HVAC, washer dryers in unit, custom closets organizers, window treatments, dimmers, designer lighting, premium mill work, and more offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered
PROPERTY FACTS
| Price Per Unit | $435,385 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.50% | Building Size | 13,760 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2009 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | RM-5 | ||
| Price Per Unit | $435,385 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 13,760 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2009 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | RM-5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
SITE AMENITIES
- Gated
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 10 | $3,374 CAD | - |
PROPERTY TAXES
| Parcel Number | 20-03-309-049-0000 | Improvements Assessment | $66,604 CAD |
| Land Assessment | $39,296 CAD | Total Assessment | $105,899 CAD |
PROPERTY TAXES
Parcel Number
20-03-309-049-0000
Land Assessment
$39,296 CAD
Improvements Assessment
$66,604 CAD
Total Assessment
$105,899 CAD
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