5455 S Blackstone Ave | Chicago, IL 60615
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- LoopNet Team
5455 S Blackstone Ave
Chicago, IL 60615
Ivy Tower · Multifamily Property For Sale
·
63 Units
INVESTMENT HIGHLIGHTS
- Rarely Available, Vintage High-Rise Walking Distance from U of Chicago
- Upside in Rents by Continuing Unit Modernization Program
- Attractive Assumable Financing at 4.51% Until 5/1/29
- High Demand Studio and One Bed Apartments
- Well Maintained and Professionally Managed
PROPERTY FACTS
| No. Units | 63 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 24,386 SF |
| Property Subtype | Apartment | Average Occupancy | 84% |
| Apartment Style | Mid-Rise | No. Stories | 7 |
| Building Class | C | Year Built | 1936 |
| Zoning | 10 | ||
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 24,386 SF |
| Average Occupancy | 84% |
| No. Stories | 7 |
| Year Built | 1936 |
| Zoning | 10 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 49 | $902.50 | 322 - 327 |
| 1+1 | 14 | $1,295 | 603 - 604 |
PROPERTY TAXES
| Parcel Number | 20-11-428-001-0000 | Improvements Assessment | $438,951 |
| Land Assessment | $46,488 | Total Assessment | $485,439 |
PROPERTY TAXES
Parcel Number
20-11-428-001-0000
Land Assessment
$46,488
Improvements Assessment
$438,951
Total Assessment
$485,439
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