Chicago, IL 60615,4840 S Indiana AVE
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Chicago, IL 60615,4840 S Indiana AVE
Chicago, IL 60615,4840 S Indiana AVE
Chicago, IL 60615,4840 S Indiana AVE
Chicago, IL 60615,4840 S Indiana AVE
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$ 4,240,000
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4840 S Indiana AVE Chicago, IL 60615


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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12542727

Maintenance Fees $8,000

Year Built 1900

Annual Tax Amount $40,811

Tax Year 2023

Lot Dimensions 125 X 160.58

Property Sub-Type Multi Family 5+

Property Description

7.5 CAP Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville collection, focusing on longevity, quality, and the future potential of every investment. Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best. Welcome to 4834-46 S Indiana, An Exquisite, Curated, Panoramic Campus of the Bronzeville Collection spans 125 x 160.58 just over a 1/2 acre perfectly positioned in Dynamic Bronzeville. A Classic Chicago All Masonry 23 Unit walk up with 20 parking spaces. The development team embraced this extensive undertaking showcasing superior craftsmanship and attention to detail with fully documented capital improvements and have hit every metric of turnkey asset offering abundant choice for numerous investment objectives. The scope of renovation and notable documented capital improvements interior and exterior include but not limited to extensive masonry & concrete, roof and gutters, common area and lobbies, deck system, central heating system, parking lot design and development, artesian sculptured iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds and parkway controlled by app, flagstone pavers, exotic tree placards emulating the Chicago Botanical Gardens listing the origin, name and year planted, custom designed and built outdoor BBQ and picnic tables, and bike room Unit Mix offers diverse floor plans for every price point (1) 3-bedroom 1 bath (16) 2- bedroom 1 bath (3) 1 bedroom 1 bath (3) Junior 1 bedroom 1 bath Fluid integration of endless details and appointments, bathed in natural light with panoptic vistas, offer rich transitional and modernist kitchens, quartz and granite, intricate tile applications, accessory niches, resort caliber baths, hardwood floors, premium mill work, central hot water heating system with individual a/c, washer dryers in unit, custom closets organizers, window treatments, dimmers, hi style designer lighting, use of all garden and grounds, the common area rival boutique hotel luxury complete with professional grade art offer a branded lifestyle that resonates with discerning residents and a soft sampling of the exhausting list of building and unit features. Rarely vacant An unparalleled investment opportunity 318,068.41k NOI Please see brokers private remarks for additional scaling opportunities.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Zoning MULTI

Rooms

Basement Finished

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Stone

Others

HOA Fee Include None


Midwest Real Estate Data (MRED) IDX
Listed by Karen Biazar of  North Clybourn Group, Inc. 

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Sheridan Elementary Math & Science Academy

    Public | KG - 8

  • 9

    Healy Elementary School

    Public | PK - 8

  • 9

    J. Ward Elementary School

    Public | KG - 8

  • 9

    Haines Elementary School

    Public | PK - 8

  • 6

    Chavez Multicultural Academic Center Elementary School

    Public | PK - 8

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 6

    Holden Elementary School

    Public | PK - 8

  • 6

    Robinson Elementary School

    Public | PK - 3

  • 6

    Murray Elementary Language Academy

    Public | KG - 8

  • 5

    Davis M Magnet Elementary School

    Public | KG - 8

  • 5

    Armour Elementary School

    Public | KG - 8

  • 5

    Kershaw Elementary School

    Public | PK - 8

  • 5

    McClellan Elementary School

    Public | PK - 8

  • 5

    Hendricks Elementary Community Academy

    Public | PK - 8

  • 5

    Sherwood Elementary School

    Public | PK - 8

  • 5

    Beasley Elementary Magnet Academic Center

    Public | PK - 8

  • 5

    Ariel Elementary Community Academy

    Public | PK - 8

  • 5

    Ray Elementary School

    Public | PK - 8

  • 5

    Shoesmith Elementary School

    Public | KG - 6

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

Middle Schools 2
  • 3

    Young Womens Leadership Chartr High School

    Public | 7 - 12

  • 0

    Canter Middle School

    Public | 8 - 8

High Schools 20
  • 9

    King College Preparatory High School

    Public | 9 - 12

  • 8

    Chicago High School for the Arts

    Public | 9 - 12

  • 8

    Kenwood Academy High School

    Public | 9 - 12

  • 7

    Air Force Academy High School

    Public | 9 - 12

  • 7

    Chicago Military Academy High School

    Public | 9 - 12

  • 6

    Phillips Academy High School

    Public | 9 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 5

    Richards Career Academy High School

    Public | 9 - 12

  • 5

    Williams Medical Preparatory High School

    Public | 9 - 12

  • 4

    Urban Preparatory Charter Academy Englewood High School

    Public | 9 - 12

  • 3

    Bronzeville Scholastic High School

    Public | 9 - 12

  • 2

    Team Englewood Community Academy High School

    Public | 9 - 12

  • 2

    Dunbar Vocational Career Academy High School

    Public | 9 - 12

  • 1

    Tilden Career Community Academy High School

    Public | 9 - 12

  • 1

    Hope College Preparatory High School

    Public | 9 - 12

  • 1

    Robeson High School

    Public | 9 - 12

  • 1

    Urban Preparatory Charter Academy Bronzeville High School

    Public | 9 - 12

  • 1

    Ace Technical Charter High School

    Public | 9 - 12

  • 0

    Excel Academy - Englewood High School

    Public | 9 - 12

  • 0

    Youth Connections Charter High School

    Public | 9 - 12

School and business data provided by Attom Data.
Lorenzo Sanchez

Lorenzo Sanchez

+1(773) 419-1724

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4840 S Indiana AVE