Address
4723 S Forrestville Avenue, Chicago, IL
Price
$ 1,675,000
Property Attributes
  • MLS#12005900
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Grand Boulevard
  • NeighborhoodGrand Boulevard
  • Zip60615
  • StyleMulti-Family
  • Year Built1900
  • Taxes$ 9491
  • Price$ 1,675,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11700
  • Lot Size6,250 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Investment opportunity with fully remodeled turnkey 8 unit brick building in Bronzeville neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to high efficiency individual HVAC (air compressors on the roof), a new roof, new 400-amp electric service, and updated plumbing, apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near downtown and expressways I-90/94 plus proximity to an abundance of shopping and retail in Bronzeville, Kenwood, and the Hyde Park neighborhoods. Some value add opportunities. Cash flowing asset. Interior photos will be added soon. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.

Price History
3/27/2024 Listed $1,675,000

General Features

Cooling Central Air,Central Individual
Zoning MULTI
Construction Materials Brick
Year Built 1900
Tenant Pays Air Conditioning,Electricity,Heat
Stories 3
Tax Year 2022
Current Use Multi-Family
Gross Income 1
County Cook
Net Operating Income 1
Operating Expense 1
Insurance Expense 1
Property Type Commercial Sale
Contingency Attorney/Inspection
MaintenanceExpense 1
Status Contingent
Directions Two blocks east of MLK drive and a block south of 47th St.
City Chicago
Total Units 8
MLS Area CHI - Grand Boulevard
Lot Size Square Feet 6250
Street Name Forrestville
Tax Annual Amount 9491
Electric Expense 1
Fuel Expense 1
Trash Expense 1
Water Sewer Expense 1
Additional Parcels Y/N No
Days on Market 43
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 11700
Lot Dimensions 50X125
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60615

Price
AVG $380K
$1.68M
Taxes
AVG $5,399
$9,491
Visits
AVG 136
151
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1900

Areas We Cover