4846 South St Lawrence Avenue
$2,750,000
20
12
2
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Description
Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 7 Cap Rate with 237,000+ gr income and NOI of 192,010. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2025. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two...Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 7 Cap Rate with 237,000+ gr income and NOI of 192,010. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2025. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two bath residences and (2) 3000 sqft four bed/two & a half bath duplex residences. Each unit boasts private outdoor space with penthouse units getting private rooftop decks and garage roof rights for duplex units. 6 car garage (1:1) and exterior storage. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, central air/gas forced heat, video intercom, custom closets, window treatments throughout, and fireplaces with built-in shelving. Kitchens are all finished with quartz countertops & backsplash, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and double vanity with quartz countertops, and walk-in shower with rain shower head and bench. Both guest bedrooms have closets built out with custom organizers and guest bathroom has shower/tub combo. Duplex units include butler pantry on main level and heated floors in lower level. Happy tenants with sound barrier between floors with open cell foam, 1:1 garage parking, and exterior storage. The property is home to AAA tenants, ensuring a stabilized asset for investors seeking a secure and lucrative venture in the thriving Bronzeville real estate market.
- Listed by Karen Biazar • North Clybourn Group, Inc.
- Listed by Staci Slattery • North Clybourn Group, Inc.
Property Details for 4846 South St Lawrence Avenue
Area
CHI - Grand Boulevard
TownshipHyde Park
Num of Interior Fireplaces6
ZoningMULTI
LISTING UPDATED: 11/14/2024 12:38 PM
Property Details for 4846 South St Lawrence Avenue
Status | Active |
---|---|
MLS # | 12184650 |
Days on Market | 36 |
Taxes | $35,600 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 2022 |
Lot Size | 0.14 AC / 6,250 SF |
County | Cook County |
Building Information for 4846 South St Lawrence Avenue
Stories4Residences6Year Built2022Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 4846 South St Lawrence Avenue
Property History for 4846 South St Lawrence Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4846 South St Lawrence Avenue
Taxable ValueLand$10,625Additions-Total$10,625
Tax Record2022$2,192 ($183 / month)
Home Facts
Beds0Total Finished SqFt8,022 SqFtAbove Grade Finished SqFt8,022 SqFtStories3Lot Size6,250 SqFtStyleMiscellaneous Vacant LandYear Built1903CountyCOOKAPN20-10-210-032
Schools near 4846 South St Lawrence Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ariel Elementary Community Academy PublicPK to 8 | ||
Walter Henri Dyett HS for Arts Public9 to 12 | ||
Williams Medical Prep High School Public9 to 12 | ||
LITTLE BLACK PEARL ARTS ACAD HS Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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