4725 S Michigan Ave
Property Description
AW Properties is pleased to present the opportunity to acquire a 5-story, 28-unit multifamily asset located in Chicago’s Bronzeville neighborhood. The property offers a desirable unit mix consisting of (2) studio, (16) 1-bedroom 1-bath, and (10) 2-bedroom 1-bath units. The building has been well maintained, with all units reported to be in good condition. Property amenities include a central boiler steam heating system, a passenger elevator, and an on-site parking lot with approximately 20 parking spaces. The property is situated on an approximately 85’ x 160’ parcel and zoned RM-5. The asset is currently well occupied, presenting investors with an opportunity to acquire a stabilized multifamily property in one of Chicago’s most historically significant and evolving neighborhoods.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,500,000 |
| No. of Units: | 28 |
| Year Built: | 1967 |
| Lot Size: | 0.31 Acres |
| Opportunity Zone: | No |
| Price per unit: | $125,000 |
| Property Website | Click Here |
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