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  • Price$2,875,000
  • Built2022

4846 South Saint Lawrence Avenue, Chicago

Exceptional investment opportunity in Bronzeville. Fully stabilized 6 unit building with high-end condo quality finishes. 2022 New Construction, intelligently designed all brick building, boasting an impressive 6.7% Cap Rate with $238,000+ gross income and NOI of $193,000. This property offers an absolute turnkey experience at the confluence of Bronzeville/Kenwood with all leases running into Spring 2024. Unit breakdown of (2) 1800 sqft three bed/two bath residences, (2) Penthouse 1950 sqft three bed/two bath residences and (2) 3000 sqft four bed/two & a half bath duplex residences. Each unit boasts private outdoor space with penthouse units getting private rooftop decks and garage roof rights for duplex units. 6 car garage (1:1) and exterior storage. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, central air/gas forced heat, video intercom, custom closets, window treatments throughout, and fireplaces with built-in shelving. Kitchens are all finished with quartz countertops & backsplash, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and double vanity with quartz countertops, and walk-in shower with rain shower head and bench. Both guest bedrooms have closets built out with custom organizers and guest bathroom has shower/tub combo. Duplex units include butler pantry on main level and heated floors in lower level. Happy tenants with sound barrier between floors with open cell foam, 1:1 garage parking, and exterior storage. The property is home to AAA tenants, ensuring a stabilized asset for investors seeking a secure and lucrative venture in the thriving Bronzeville real estate market.

Essential Information

  • MLS® #11990904
  • Price$2,875,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built2022
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusActive
  • Taxes$35,600

Interior

  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces6

Additional Information

  • Days on Market65
  • ZoningMULTI

Community Information

  • Address4846 South Saint Lawrence Avenue
  • AreaCHI - Grand Boulevard
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60615

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeNorth Clybourn Group, Inc.

Price Change History for 4846 South Saint Lawrence Avenue, Chicago, IL (MLS® #11990904)

Date Details Price Change
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 1st, 2024 at 1:23pm CDT.