SIGN UP CUSTOMER LOGIN
Main Photo

11 Total Photos [Click to View All]

Main Photo
Main Photo

4150-4158 S Western Avenue Chicago, IL 60609

$2,415,000
New / MLS# 12668401 / Multi Unit - Multiple / Chicago
0 Beds

Exceptional investment opportunity in the heart of Bridgeport! This offering consists of 10 residential units located within four side-by-side newer-construction, four-story mixed-use buildings in one of Chicago's most sought-after and rapidly growing neighborhoods. Each unit has separate PIN number! The first-floor commercial spaces are not included in the sale but may be acquired as a package deal separately for an additional purchase price. Nine of the ten residential units are currently leased, providing immediate income and strong in-place cash flow. Since acquisition, all units have been extensively renovated and updated, creating a true turnkey investment with minimal deferred maintenance and significant appeal to today's renters. The unit mix includes FOUR spacious 3-bedroom, 2-bath apartments and SIX well-appointed 2-bedroom, 2-bath apartments, all featuring functional floor plans, modern finishes, and contemporary living spaces designed to maximize tenant satisfaction and retention. Additional amenities include rear parking accommodations, along with abundant unrestricted street parking for residents and guests. Ideally situated near public transportation, major expressways including I-55, shopping, dining, parks, and neighborhood amenities, this property offers investors the rare opportunity to acquire a stabilized, income-producing asset in a proven rental market with strong long-term growth potential. Whether expanding an existing portfolio or completing a 1031 exchange, this well-maintained multifamily asset represents a compelling combination of location, cash flow, and upside potential in one of Chicago's most established and desirable neighborhoods. Rents should be higher!

Read More » Read Less »

Baird & Warner Jeffrey Schwartz Email

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 9,558.88 per month $5,366.67 Principal & Interest $3,487.83 Property Tax $704.38 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Individual
Lot Size: 100 x 125
Stories: 4.0
Taxes: $41,854
Year Built: 2009

Feature Descriptions

Electric: Separate Meters, Service - 101 to 200 Amps
HVAC: Central Heat/Indiv Controls
Location: Corner, Mixed Use Area, Public Transport Avail, In City Limits
Lot Dimensions: 100 x 125
Parcel#: 19012151731002
Tenant Pays: Electricity, Heat
Units: 10

Location

See details and scored characteristics about this location.

Listing Office: The Leading Realtors Corp.

Listing Office Phone: 630-455-9995



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Login to my Baird & Warner account

Pixel