4119 South Ellis Avenue
4119 South Ellis Avenue
$4,400,000
73
36
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Description
4119 s. Ellis is a 23-unit building located on a quiet, tree-lined street amongst a variety of single-family townhomes. Situated in a premier location in Chicago's historic North Kenwood neighborhood, the asset is ideally located just blocks away from Lake Michigan, Williams-Davis Park, providing easy access to S. Lake Shore Dr. and Chicago's downtown. 4119 S. Ellis boasts an incredibly desirable unit mix, comprised of four (4) 2BD/1BA, six (6) 3BD/1BA, five (5) 3BD/2BA, and eight (8) 4BD/2BA units....4119 s. Ellis is a 23-unit building located on a quiet, tree-lined street amongst a variety of single-family townhomes. Situated in a premier location in Chicago's historic North Kenwood neighborhood, the asset is ideally located just blocks away from Lake Michigan, Williams-Davis Park, providing easy access to S. Lake Shore Dr. and Chicago's downtown. 4119 S. Ellis boasts an incredibly desirable unit mix, comprised of four (4) 2BD/1BA, six (6) 3BD/1BA, five (5) 3BD/2BA, and eight (8) 4BD/2BA units. All of which are incredibly spacious and have gone through varying degrees of updates both cosmetically and mechanically. 4119 S. Ellis provides investors with the unique opportunity to obtain a stabilized, cash-flowing asset in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate of 7.07%. Additionally, an investor has the option to assume the existing debt (terms below) through Fannie Mae. 4119 S. Ellis: - $2,196,000 - 4.30% Rate - 6 Years Remaining
- Listed by John George • Kiser Group Realty Inc
- Listed by Joseph Bianchi • Kiser Group Realty Inc
Property Details for 4119 South Ellis Avenue
Area
CHI - Oakland
Location
LISTING UPDATED: 03/19/2024 11:53 AM
Property Details for 4119 South Ellis Avenue
Status | Active |
---|---|
MLS # | 11977356 |
Days on Market | 110 |
Taxes | $20,762 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1903 |
Lot Size | 0.16 AC / 6,912 SF |
County | Cook County |
Location
Building Information for 4119 South Ellis Avenue
Stories-Residences23Year Built1903Building Size-Lot Size0.16 AC / 6,912 SF
Payment Calculator
$25,743 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4119 South Ellis Avenue
Property History for 4119 South Ellis 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.
Schools near 4119 South Ellis Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 3 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Robinson Elementary School PublicPK to 3 | ||
Fuller Elementary School PublicPK to 8 | ||
King College Prep High School Public9 to 12 | ||
Ariel Elementary Community Academy PublicPK to 8 |
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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