4150-4158 S Western Avenue,Chicago, IL 60609
Chicago, IL 60609
Description
BUY IN BULK AND SAVE. SEE CONDO SALES IN THE AREA. HUGE UPSIDE POTENTIAL! SELL OFF ONE BY ONE, CREATE THE HOA AND HAVE RECURRING INCOME! Exceptional investment opportunity in the heart of Bridgeport! This offering consists of 10 residential units located within four side-by-side newer-construction, four-story mixed-use buildings in one of Chicago's most sought-after and rapidly growing neighborhoods. Each unit has separate PIN number! Separate meters! The first-floor commercial spaces are not included in the sale but may be acquired as a package deal separately for an additional purchase price. All ten residential units are currently leased, providing immediate income and strong in-place cash flow. Since acquisition, all units have been extensively renovated and updated, creating a true turnkey investment with minimal deferred maintenance and significant appeal to today's renters. The unit mix includes FOUR spacious 3-bedroom, 2-bath apartments and SIX well-appointed 2-bedroom, 2-bath apartments, all featuring functional floor plans, modern finishes, and contemporary living spaces designed to maximize tenant satisfaction and retention. Additional amenities include rear parking accommodations, along with abundant unrestricted street parking for residents and guests. Ideally situated near public transportation, major expressways including I-55, shopping, dining, parks, and neighborhood amenities, this property offers investors the rare opportunity to acquire a stabilized, income-producing asset in a proven rental market with strong long-term growth potential. Whether expanding an existing portfolio or completing a 1031 exchange, this well-maintained multifamily asset represents a compelling combination of location, cash flow, and upside potential in one of Chicago's most established and desirable neighborhoods. Rents can be higher!
Details
| MLS # | 12668401 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 110 |
| Listing Provided By | The Leading Realtors Corp. | Jim Mantas |
Features
| Story(s) | 4 |
|---|---|
| Units | 10 |
Interior
| Cooling | Central Individual |
|---|
Utilities
| Electric | Separate Meters, Service - 101 to 200 Amps |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 41854.27 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI Brighton Park |
| Listing VS Median (in 60609) | |
Price: $2,250,000 low | high Med: $254,500 On site: 110 low | high Med: 91.5 | |
Market Activity 60609
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI Brighton Park |
| Listing VS Median (in 60609) | |
Price: $2,250,000 low | high Med: $254,500 On site: 110 low | high Med: 91.5 | |
