4711-4715 S Michigan Ave | Chicago, IL 60615
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4711-4715 S Michigan Ave
Chicago, IL 60615
Multifamily Property For Sale · 10 Units
Investment Highlights
- Classic Meets Contemporary: Timeless architectural charm paired with modern amenities.
- Convenience: On-site parking.
- Prime Location: Close proximity to parks, dining, shopping, and public transportation.
Executive Summary
JUST LISTED
Exquisite Residences at 4711-4715 S Michigan Ave – A Bronzeville Gem
Nestled in Chicago’s vibrant Bronzeville neighborhood, 4711-4715 S Michigan Ave offers an extraordinary combination of modern luxury, timeless elegance, and a prime urban location. This boutique property is the epitome of refined living, with a selection of condo-quality residences designed to meet diverse lifestyle needs.
?? Unit Highlights
Penthouse Masterpieces (2-Units)
Size: 4 Bed | 2 1/2 Bath | ~2,800 sq. ft.
Luxurious design with natural light, high ceilings, chef’s kitchen, spa-like bathrooms, and breathtaking city views.
Sophisticated 3-Bedroom Residences (4-Units)
Size: 3 Bed | 2 Bath | ~1,500 sq. ft.
Open layouts with stainless steel appliances, ensuite primary suites, and ample storage for comfort and style.
Chic 2-Bedroom Retreats (4-Units)
Size: 2 Bed | 2 Bath | ~1,200 sq. ft.
?? Building Features
Classic Meets Contemporary: Timeless architectural charm paired with modern amenities.
Prime Location: Close proximity to parks, dining, shopping, and public transportation.
Convenience: On-site parking.
?? Claim your slice of Bronzeville living! Schedule a tour today to discover these extraordinary residences and the investment opportunity.
Exquisite Residences at 4711-4715 S Michigan Ave – A Bronzeville Gem
Nestled in Chicago’s vibrant Bronzeville neighborhood, 4711-4715 S Michigan Ave offers an extraordinary combination of modern luxury, timeless elegance, and a prime urban location. This boutique property is the epitome of refined living, with a selection of condo-quality residences designed to meet diverse lifestyle needs.
?? Unit Highlights
Penthouse Masterpieces (2-Units)
Size: 4 Bed | 2 1/2 Bath | ~2,800 sq. ft.
Luxurious design with natural light, high ceilings, chef’s kitchen, spa-like bathrooms, and breathtaking city views.
Sophisticated 3-Bedroom Residences (4-Units)
Size: 3 Bed | 2 Bath | ~1,500 sq. ft.
Open layouts with stainless steel appliances, ensuite primary suites, and ample storage for comfort and style.
Chic 2-Bedroom Retreats (4-Units)
Size: 2 Bed | 2 Bath | ~1,200 sq. ft.
?? Building Features
Classic Meets Contemporary: Timeless architectural charm paired with modern amenities.
Prime Location: Close proximity to parks, dining, shopping, and public transportation.
Convenience: On-site parking.
?? Claim your slice of Bronzeville living! Schedule a tour today to discover these extraordinary residences and the investment opportunity.
PROPERTY FACTS
| Price Per Unit | $218,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Cap Rate | 7.12% | Building Size | 19,527 SF |
| Gross Rent Multiplier | 9.28 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1890/2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price Per Unit | $218,000 |
| Sale Type | Investment |
| Cap Rate | 7.12% |
| Gross Rent Multiplier | 9.28 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 19,527 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2018 |
| Opportunity Zone |
Yes |
Site Amenities
- Fenced Lot
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2.5 | 2 | $2,463 | 2,800 |
| 3+2 | 4 | $1,958 | 1,500 |
| 2+2 | 4 | $1,738 | 1,200 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $111,008 | |
| Land Assessment | $44,993 | Total Assessment | $156,001 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$44,993
Improvements Assessment
$111,008
Total Assessment
$156,001
zoning
| Zoning Code | RM-5 (Multi-Family) |
| RM-5 (Multi-Family) |
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