4853 N Kenmore Ave
Chicago, IL 60640
$750,000
Price
5,500
Sq. Ft.
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Request the 4853 N Kenmore Ave Chicago, IL 60640 Offering Memorandum:

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Executive Summary

This property offers an opportunity for an investor to acquire an attractive six-unit building in the rapidly appreciating Uptown neighborhood of Chicago. This opportunity is ideal for an investor looking to add value by completing renovations and maximizing rents. The property can be packaged with another property located at 4431 N Racine Avenue offered for sale with the same seller.

The Uptown neighborhood of Chicago benefits from its prime access to public transportation and close proximity to downtown Chicago and Lake Michigan. The neighborhood is best known as an entertainment district and home to some of the most well-known concert venues in Chicago including the Aragon Ballroom, the Riviera Theater and, the iconic Green Mill jazz club.

Currently, the neighborhood is booming as developers are attracted to the unique architecture, convenient location, and vibrant culture offered by Uptown.

 

Property Location

Chicago » 60640 » 4853 N Kenmore Ave

Property Details

Status Closed
Listing Type For Sale
Property Type Multifamily
Size 5,500 Sq. Ft.
Price $750,000
Cap Rate 7.86%

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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