4723 South Forrestville Avenue

Chicago, IL 60615

$1,675,000
Price
22
Beds
14
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Theresa Mueller • Trelleum LLC

Property Details for 4723 South Forrestville Avenue

Area
CHI - Grand Boulevard
Zoning
MULTI

Location

Listing Courtesy of Trelleum LLC
Add your commute
LISTING UPDATED: 04/22/2024 01:30 PM

Property Details for 4723 South Forrestville Avenue

StatusContingent
MLS #12005900
Days on Market26
Taxes$9,491 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1900
Lot Size0.14 AC / 6,250 SF
CountyCook County

Location

Listing Courtesy of Trelleum LLC
Add your commute

Building Information for 4723 South Forrestville Avenue

Stories-Residences8Year Built1900Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$9,932 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,141

Property Taxes

$791

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4723 South Forrestville Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • # Of Washers: 8
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Individual Furnaces
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: No
  • # Of Dryers: 8
  • # Of Disposals: 8
  • # Of Dishwashers: 8
  • Num of Baths: 14.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Flats
  • Lot Dimensions: 50X125
  • Lot Size Square Feet: 6250.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Building Area Total: 11700
  • # Of Ranges: 8
  • Conversion: N
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-03-27T16:29:47
  • Photos Count: 6
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $1.00
  • Fuel Expense: $1.00
  • Gross Income: $1.00
  • Gross Scheduled Income: $1.00
  • Insurance Expense: $1.00
  • Maintenance Expense: $1.00
  • Janitor Expense: 1
  • Total Monthly Income: 1
  • Net Operating Income: $1.00
  • Operating Expense: $1.00
  • Other Expense: $1.00
  • Trash Expense: $1.00
  • Water Sewer Expense: $1.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4723 South Forrestville Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4723 South Forrestville Avenue

Taxable ValueLand$21,875Additions$24,125Total$46,000
Tax Record2022$9,491 ($791 / month)
Home Facts
Baths6Total Finished SqFt9,336 SqFtAbove Grade Finished SqFt9,336 SqFtStories3Lot Size6,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1905CountyCOOKAPN20-10-202-005

Schools near 4723 South Forrestville Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Univ of Chicago Chtr-Nth Kenwood
CharterPK to 5

Ariel Elementary Community Academy
PublicPK to 8

Walter Henri Dyett HS for Arts
Public9 to 12

King College Prep High School
Public9 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trelleum LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.