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$ 4,700,000
Est. payment /mo
Active
4840 S Indiana AVE Chicago, IL 60615
UPDATED:
02/17/2025 06:06 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12288876
Maintenance Fees $20,697
Year Built 1900
Annual Tax Amount $27,207
Tax Year 2023
Lot Dimensions 125 X 160.58
Property Sub-Type Multi Family 5+
Property Description
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 up to 150 x 160.58 just over a 1/2 acre perfectly positioned in Dynamic Bronzeville. A Classic Chicago All Masonry 23 Unit walk up, 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 NOI 300,791.75k + option to get an additional botanic garden 4848 S Indiana 25 x 160 @ 125,000k SOME LOW LEVERED ASSUMABLE FINANCING POSSIBLE FOR QUALIFIED BUYERS. Please see brokers private remarks for additional scaling opportunities.
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 4
Structure Type Brick,Stone
Others
HOA Fee Include None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Karen Biazar • North Clybourn Group, Inc.