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4723 S Forrestville Avenue Chicago, IL 60615
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Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 11,700 sqft
Price per Sqft $141
MLS Listing ID 12005900
Sold Date 08/12/24
Year Built 1900
Annual Tax Amount $9,491
Tax Year 2022
Lot Dimensions 50X125
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Jaime Campos • RE/MAX LOYALTY
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