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Investment Highlights

  • Strong Location surrounded by strong retail centers
  • High-Quality Renovations
  • Strong Unit Mix

Executive Summary

SVN Chicago Commercial is pleased to present a 48-unit Multifamily building located in the highly desirable Kenwood Neighborhood of Chicago's South Side. The property is steps away from strong retail centers. The unit mix consists of (36) two-bedroom, one-bath apartments and (12) three-bedroom, one-bath apartments. The units have been remodeled with updated kitchens and baths, new appliances, and in-unit laundry. The building is equipped with Air Conditioning throughout, new electrical services with ample power, newer in-unit water tanks and furnaces, newer porches, newer roof, a high-quality security system and parking.

Property Facts

Price $14,838,751 CAD
Price Per Unit $309,141 CAD
Sale Type Investment
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.04 AC
Building Size 55,000 SF
No. Stories 3
Year Built/Renovated 1913/2018
Zoning RM-5

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 36 - 1,000
3+1 12 - 1,200
Moderately walkable
60/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
20-02-403-029-0000
Land Assessment
$221,925 CAD
Improvements Assessment
$531,035 CAD
Total Assessment
$752,960 CAD
  • Listing ID: 41560471

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 4612-4626 S Lake Park Ave, Chicago, IL 60653

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