4235 South Calumet Avenue, Chicago, IL

$2,535,000

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About 4235 South Calumet Avenue

7.5 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. 190,309.76 NOI Please see broker private remarks for further scaling opportunities.

Features of 4235 South Calumet Avenue

MLS® # 12490106
Price $2,535,000
Bathrooms 0.00
Acres 0.00
Year Built 2008
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 4235 South Calumet Avenue
Area CHI - Grand Boulevard
City Chicago
County Cook
State IL
Zip Code 60653

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace Yes
# of Fireplaces 8
Has Basement Yes
Basement Finished

Exterior

Exterior Brick, Block
Foundation Concrete Perimeter

Additional Information

Days on Market 11
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNorth Clybourn Group, Inc.
Contact Info773-252-0600

Listing Map

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