4723 S Forrestville Avenue Chicago, IL ^$ 1,675,000

4723 S Forrestville Avenue

^$ 1,675,000

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4723 S Forrestville Avenue

Chicago, IL, 60615

^$ 1,675,000

Bedrooms7 Baths0.0 Sq 11,700

Monthly Estimate*

^$ 11,700

4723 S Forrestville Avenue, Chicago, IL 60615 - Image 1

4723 S Forrestville Avenue, Chicago, IL 60615 - Image 2

4723 S Forrestville Avenue, Chicago, IL 60615 - Image 3

4723 S Forrestville Avenue, Chicago, IL 60615 - Image 4

4723 S Forrestville Avenue, Chicago, IL 60615 - Image 5

4723 S Forrestville Avenue, Chicago, IL 60615 - Image 6

Multi-Family Home for sale in Chicago, IL

for $1,675,000 with 7 bedrooms. This 11,700 square foot home was built in 1900 on a lot size of 0.14348.

Investment opportunity with fully remodeled turnkey 8 unit brick building in Bronzeville neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to high efficiency individual HVAC (air compressors on the roof), a new roof, new 400-amp electric service, and updated plumbing, apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near downtown and expressways I-90/94 plus proximity to an abundance of shopping and retail in Bronzeville, Kenwood, and the Hyde Park neighborhoods. Some value add opportunities. Cash flowing asset. Interior photos will be added soon. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.

Multi-Family Contingent

Price

^$ 1,675,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 9,491

Style

Multi-Family

Lot Size

0.14348

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12005900

Features

General

Cooling Central Air Central Individual

Zoning MULTI

Construction Materials Brick

Year Built 1900

Tenant Pays Air Conditioning Electricity Heat

Stories 3

Tax Year 2022

Current Use Multi-Family

Gross Income 1

County Cook

Net Operating Income 1

Operating Expense 1

Insurance Expense 1

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions Two blocks east of MLK drive and a block south of 47th St.

City Chicago

Total Units 8

MLS Area CHI - Grand Boulevard

Lot Size Square Feet 6250

Street Name Forrestville

Tax Annual Amount 9491

Electric Expense 1

Fuel Expense 1

Trash Expense 1

Water Sewer Expense 1

Additional Parcels Y/N N

Days on Market 27

Standard Status Active Under Contract

Exterior

Building Area Total 11700

Lot Dimensions 50X125

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Trelleum Llc

Broker

info@theresamueller.com

Affordability Calculator

$12,491

Per Month

Monthly Principal & Interest: $11,700
Monthly Property Taxes: $791
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$640,808

Percent of Sale Price 62%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$1,675,000		Listed Price

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4723 S Forrestville Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $1,675,000 with 11,700 sqft and a lot size of 0.14348. 4723 S Forrestville Avenue has 7 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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4723 S Forrestville Avenue

Multi-Family Home for sale in Chicago, IL

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