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$ 2,025,000
Est. payment | /mo
19,527 SqFt
$ 2,025,000
Est. payment | /mo
19,527 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 19,527 sqft
Price per Sqft $103
MLS Listing ID 12320604
Year Built 1888
Annual Tax Amount $20,436
Tax Year 2023
Lot Size 0.350 Acres
Lot Dimensions 94.8X160.6
Property Sub-Type Multi Family 5+
Property Description
This exceptional 10-unit multi-family building is back on the market with a price improvement, a rare and renewed opportunity for the savvy investor. Nestled in the heart of Chicago's historic and vibrant Bronzeville neighborhood, 4711-4715 S. Michigan Ave. offers a rare blend of elegance, modern comfort, and architectural charm. These boutique buildings present an array of meticulously designed condo-quality residences to suit diverse lifestyles, boasting luxurious finishes and spacious layouts ensuring every square foot is optimized. The buildings' unit mix consists of (2) 4-bedroom/2.1- bathroom penthouses, (4) 3-bedroom/2-bathroom units and (4) 2-bedroom/2-bathroom units. All units feature functional floor plans, ample space and ensuite bathrooms, along with in-unit laundry facilities, separate hot water heaters, central heating, and elegant hardwood flooring. Moreover, dedicated parking spaces are available for every unit. These buildings truly are the perfect blend of classic Bronzeville charm and contemporary elegance. Whether you're drawn to the grandeur of the 4-bedroom penthouses, the cozy elegance of the 3- and 2-bedroom retreats or the significant new developments on the block, 4711-4715 S. Michigan Avenue represents an exceptional investment opportunity for the savvy investor with easy access to public transportation, the Dan Ryan Expressway, and Sip and Savor and a mere 10-15 minute drive to downtown Chicago. Offering Memorandum available upon request.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Stone
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Listed by Kevin Rocio • @properties Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "