Chicago, IL 60615,4943 S Forrestville Avenue
Chicago, IL 60615,4943 S Forrestville Avenue
Chicago, IL 60615,4943 S Forrestville Avenue
46
$1,625,000
$1,895,000
14.2%
Est.Price: ?

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4943 S Forrestville Avenue Chicago, IL 60615

Est. payment /mo
SOLD DATE : 07/12/2023

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Key Details

Sold Price $1,625,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11751986

Sold Date 07/12/23

Year Built 1907

Annual Tax Amount $12,742

Tax Year 2021

Lot Dimensions 53.71 X 124.70

Property Description

One-of-A-Kind Unicorn, Gem Da la Gem Investment Opportunity set in Vibrant Bronzeville offering stately stabilized center entrance side by side 8 residential units + significant remote secured 8 parking spaces NOI $124,587 /6.5% CAP. Extensive gut renovation and notable capital improvements offer abundant choice for numerous investment objectives. Custom metal fabricated cornice, backup generator, oversized rear decks extensive masonry improvements, new water main, prolific professional landscaping, wifi enabled irrigiation system and more. Intelligent design, expansive floorplans, Unit Mix includes all 2 bedroom 2 Baths. Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, are a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. Palpable growth asset, meticulous attention to detail in all aspects from skilled scaled veteran ownership team. Transparent, comprehensive scope of work, capital improvements rent roll, lease schedules and full financials available on request. Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice M-F 10am to 4pm to show. Rare opportunity to obtain a sizeable AA turnkey footprint strategically positioned for continue long term growth.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

View Y/N true

Building

Structure Type Brick, Stone

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Listed by Karen Biazar • North Clybourn Group, Inc.
Bought with Marco Cesario • Jameson Commercial

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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