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4948-4950 N Christiana Ave

8 Unit Apartment Building $1,550,000 ($193,750/Unit) 6.40% Cap Rate Chicago, IL 60625

Apartment Buildings Illinois Chicago 4948-4950 N Christiana Ave, Chicago, IL 60625

Investment Highlights

  • Below Market Rents with Month-to-Month Leases in Place
  • Walking Distance from CTA Kimball Brown Line Stop
  • Large Two-Bedroom Units
  • Blocks from North Park University

Property Facts

Price $1,550,000 Apartment Style Low Rise
Price Per Unit $193,750 Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 6.40% Building Size 7,100 SF
Gross Rent Multiplier 10.17 No. Stories 3
No. Units 8 Year Built 1923
Property Type Multifamily Tenancy Single
Property Subtype Apartment Parking Ratio 0.56/1,000 SF
Price $1,550,000
Price Per Unit $193,750
Sale Type Investment
Cap Rate 6.40%
Gross Rent Multiplier 10.17
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 7,100 SF
No. Stories 3
Year Built 1923
Tenancy Single
Parking Ratio 0.56/1,000 SF
1 of 1
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 13-11-420-014-0000 Improvements Assessment $80,313
Land Assessment $19,688 Total Assessment $100,001

PROPERTY TAXES

Parcel Number
13-11-420-014-0000
Land Assessment
$19,688
Improvements Assessment
$80,313
Total Assessment
$100,001

zoning

Zoning Code RT-4 (Residential Two-flat, Townhouse or multi-unit)
RT-4 (Residential Two-flat, Townhouse or multi-unit)
(312) 327-5455

Contacts

  • Listing ID: 33055216

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 4948-4950 N Christiana Ave, Chicago, IL 60625

More public record information on 4948-4950 N Christiana Ave, Chicago, IL 60625

The Multifamily Property at 4948-4950 N Christiana Ave, Chicago, IL 60625 is currently available for sale. Contact Marcus & Millichap for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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4948-4950 N Christiana Ave
(312) 327-5455 x

4948-4950 N Christiana Ave

1/2

Kyle Stengle

(312) 327-5455

(312) 327-5455

Steve Rachman

(847) 212-3443

(847) 212-3443

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