For Sale
$749,000

4425 Archer AveChicago, IL 60632

Renovated Chicago Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 10-unit apartment building, located at 4425 S. Archer Avenue in Chicago, Illinois, 60632, presents a compelling investment opportunity. Priced at $749,000, this mixed-use property offers significant potential for income generation. All ten units have undergone recent renovations, boasting modern amenities including new windows, updated tuckpointing, stylish wrought iron railings, and a brand-new roof. These improvements ensure both enhanced aesthetics and reduced maintenance costs for the new owner. The building's strategic location in a high-demand area provides easy access to public transportation, a wide array of shopping options, and diverse dining establishments, making it highly attractive to tenants. This property is classified as a multifamily apartment building within Cook County. The precise square footage is not currently available. This is an ideal acquisition for investors seeking a stable, income-producing asset in a thriving Chicago neighborhood. The property's recent upgrades and prime location combine to create a strong value proposition in the competitive Chicago real estate market. This turnkey investment requires minimal immediate capital expenditure, allowing for a swift return on investment.

Highlights

  • 10-unit multifamily apartment building in Chicago, IL, priced at $749,000.
  • Recently renovated with new windows, tuckpointing, wrought iron railings, and roof.
  • Located in a high-demand area with convenient access to public transportation, shopping, and dining.
  • Turnkey investment with minimal required capital expenditures.
  • Offers significant income generation potential.

Property Details for 4425 Archer Ave

Property type
Mixed-use properties, Apartment buildings
Square Feet
1 SF
Units
10

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.812712
Longitude
-87.7061618
4425 Archer Ave, Chicago, Illinois

FAQs

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4425 Archer Ave
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