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4235 S Calumet Avenue Chicago, IL 60653

$2,538,000
Pending / MLS# 12550372 / Multi Unit - Multiple / Chicago
0 Beds

7.45 Cap Breathe Rare Air. The finest portfolio of properties in Bronzeville is available for sale for the first time. The Bronzeville Collection, from developers with 45 years of experience, hits all the metrics for a turn-key acquisition - intelligent designs, durable renovations, functionality, and strong resident communities with a history of high renewal rates and low delinquencies. Future owners will possess immediate value, combined with long-term rental growth. Intimate, Exclusive, Boutique Masonry 8-unit residential Mid-Rise elevator building with 10 gated parking spaces, spanning 62 feet of frontage set in an exceptionally well-located site within 1/4 block of the Green Line and Pendleton Park. Built as condominiums in 2008, the development team de-converted to luxury boutique housing, with upgraded interior and exterior common elements and living spaces. Capital improvements included, but were not limited, to the following: a) intricate artesian sculptured iron fencing; b) botanic garden; c) zoned irrigation system inclusive of grounds and parkway, controlled by an app; d) common area art and lighting; e) downspout & gutter heaters; e) extensive masonry upgrades. The unit mix is as follows: (1) 4 bedroom, 2 1/2 bath duplex; (1) 3 bedroom, 2 1/2 bath duplex; (6) 3- bedroom, 2 bath flats. Refined living includes the following: a) professional grade kitchens; b) under-cabinet lighting; c) gas fireplaces; d) multiple terraces front and rear; e) walk-in closets; f) resort inspired primary bathrooms with dual sinks, soaking tubs and separate showers; g) individual HVAC; h) in-unit, full-size washers and dryers; i) double-hanging stainless-steel closets organizers; j) window treatments; k) dimmers, designer lighting, premium mill work and more. 190,392.02 NOI Please see broker private remarks for further scaling opportunities.

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Estimated Payment

$ 8,299.33 per month $5,640.00 Principal & Interest $1,919.08 Property Tax $740.25 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.18 Acres
Stories: 4.0
Taxes: $23,029
Year Built: 2008

Feature Descriptions

Current Use: Multi-Family
Drains: Balcony/ies, Enclosed Stairs, Accessible Entrance, Security Gate, Security Lighting, Security System, Sun Deck
Electric: Circuit Breakers
Exterior: Brick, Block
Fire Protection: Fire Extinguisher/s, Other, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air
Lot Dimensions: 62 X 126
Miscellaneous Indoor: Elevator/s Passenger, Accessible Entrance
Miscellaneous Outdoor: Balcony/ies, Enclosed Stairs, Accessible Entrance, Security Gate, Security Lighting, Security System, Sun Deck
Parcel#: 20031230420000
Parking: 6-12 Spaces
Potential Use: Condominium
Tenant Pays: Air Conditioning, Electricity, Heat, Other, Hot Water
Units: 8

Location

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Listing Office: North Clybourn Group, Inc.

Listing Office Phone: 773-252-0600



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