Brianna Bowman
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Unbelievable trophy-piece opportunity, three 8 unit boutique buildings, 24 Units fully stabilized, condo-quality and developed in 2025 in the Heart of Bronzeville. Each building features TWO front and back 3 bed 3 bath duplex units and SIX front and back 2 bed/2 bath simplex units. Many high-design details, from hallway accents to primary suite wall details meant to set this apart. Highlights include sleek profile shaker cabinet in eye-catching earth tone, stainless steel appliances, quartz island with full backsplash and an abundance of countertop space for entertaining, cooking and dining space. LVT flooring throughout is stylish and easy to maintain. Abundant natural light in all units with walk-out terraces. Design features make this a desirable rental with thoughtful walk-in closets, elevated bath finishes & designer lighting. Maintenance will be eased with high-efficiency furnaces, tankless water heater, In-unit washer/dryer, intercom system and professionally managed premises. 4 outdoor parking spaces available per building. 6.3 Cap Rate, perfect for 1031 exchange.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
North Clybourn Group, Inc.
773-252-0600
MRED MLS
MLS ID: 12686986
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4742-46 S Michigan Avenue, Chicago, IL 60615.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $8,495,000 | $8,495,000 |
| Down Payment | $297,325 | $1,699,000 |
| Monthly Mortgage Amount | $50,682 | $42,398 |
| Taxes | $11822 | $11822 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $5,096 | $0 |
| Monthly Estimated Total | $70,078 | $56,698 |
Brianna Bowman
REALTOR®
Cell: (319) 217-8974
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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