Property Description

This property offers an opportunity for an investor to acquire an attractive six-unit building in the rapidly appreciating Uptown neighborhood of Chicago. This opportunity is ideal for an investor looking to add value by completing renovations and maximizing rents. The property can be packaged with another property located at 4431 N Racine Avenue offered for sale with the same seller.

The Uptown neighborhood of Chicago benefits from its prime access to public transportation and close proximity to downtown Chicago and Lake Michigan. The neighborhood is best know as an entertainment district and home to some of the most well known concert venues in Chicago including the Aragon Ballroom, the Riviera Theater and, the iconic Green Mill jazz club.

Currently, the neighborhood is booming as developers are attracted to the unique architecture, convenient location and vibrant culture offered by Uptown.

Address Map
Address Location
US
IL
Chicago
60640
Kenmore
4853
Unit Mix Information
1+1
3
Negotiable
4+2
1
Negotiable
3+1
2
Negotiable
Public Transportation
Lawrence Station (Red Line)
4 min
0.20 mi
Argyle Station (Red Line)
5 m

4853 N Kenmore Ave Chicago, IL 60640

4853 Kenmore- Chicago- Illinois 60640

5,500 Sqft
$750,000
Listing ID #1092
Property Details
Listing Type : Sold Listing
Property Type : Multifamily
Price : $750,000
Property Sub-type : Apartments
Apartment Style : Low Rise
Listing ID : 1092
Building Class : C
Zoning : RT-4
Sale Type : Investment
Cap Rate : 7.86%
Building Size : 5,500 Sqft
No. Stories : 3
Year Built : 1913
Lot Area : 0.08 Acre
Parking Ratio : 0.18/1,000 SF
APN / Parcel ID : 14-08-416-007-0000
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