4612-4626 S Lake Park Ave 48 Unité Immeuble d’appartements 16 272 692 $ CAD (339 014 $ CAD/Unité) 6,94% Taux de capitalisation Chicago, IL 60653

Interra Realty has been exclusively engaged to market 4612 S. Lake Park Avenue for sale. Located in Chicago's historic Kenwood neighborhood, the subject investment property is comprised of 48 apartments. The property is a sprawling courtyard style apartment building with high curb appeal and attractive architecture. In addition, the property abuts Lake Park Pointe Shopping Center, The 47th Street Metra Train Station and is walking distance to the University of Chicago, the 53rd street retail corridor and Morgan Point Beach.
Fully gut rehabbed in 2018, the unit mix at the property is comprised of two and three bedroom apartments, all with identical finishes. All apartments feature a modern aesthetic with stainless steel appliances, dishwashers and in-unit stackable washers and dryers. All units feature individual individual HVAC and hot water storage tanks as well.
The property presents qualified investors with a unique opportunity to own a stabilized, recently gut rehabbed apartment building while gaining immediate scale in a submarket currently experiencing substantial growth. The property is being o?ered free and clear of existing debt.