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4525 S Evans Ave 3 Unit Apartment Building $1,078,602 CAD ($359,534 CAD/Unit) Chicago, IL 60653
Investment Highlights
- Two (2) 2Bd/2Ba & One (1) 4Bd/2Ba Units
- $70,092 Gross Income
- High End, Condo Quality Finishes
Executive Summary
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.
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.
Property Facts
| Price | $1,078,602 CAD | Lot Size | 0.09 AC |
| Price Per Unit | $359,534 CAD | Building Size | 4,600 SF |
| Sale Type | Investment | Average Occupancy | 33% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 0.65/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | RT-4 - Residential Three-Flat, Townhouse and Multi-Unit District | ||
| Price | $1,078,602 CAD |
| Price Per Unit | $359,534 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 4,600 SF |
| Average Occupancy | 33% |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 0.65/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RT-4 - Residential Three-Flat, Townhouse and Multi-Unit District |
Amenities
Unit Amenities
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
Site Amenities
- Fenced Lot
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | 800 |
| 2+2 | 2 | - | 1,400 |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 20-03-420-008-0000 | Improvements Assessment | $55,559 CAD |
| Land Assessment | $19,639 CAD | Total Assessment | $75,198 CAD |
Property Taxes
Parcel Number
20-03-420-008-0000
Land Assessment
$19,639 CAD
Improvements Assessment
$55,559 CAD
Total Assessment
$75,198 CAD
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4525 S Evans Ave
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