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34-Unit Apartment Building Portfolio
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4208 & 4213 S Michigan Ave, Chicago, IL 60653

Two-building multifamily portfolio with varied unit layouts and capital improvements across kitchens, bathrooms, electrical, roofs, and plumbing.

Property SizeContact for details
Days on Market143

Property Features for 4208 & 4213 S Michigan Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 7 x 2BD/1BA, 11 x 3BD/1BA, 4 x 1BD/1BA, 4 x 2BD/1BA, 3 x 2BD/1.5BA, 5 x 3BD/1BA
Multifamily Units 34

Additional Details

Highway Access Yes

Building Details

Buildings 2
Listing Agency: Kiser Group
Listed By: Noah Birk · License #IL 475.125864
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group

Investment Insights

Based on property information with market context.

This multifamily offering comprises two apartment buildings totaling 34 units at 4208 and 4213 S. Michigan Ave. The unit mix includes one-, two-, and three-bedroom apartments, with one- and one-and-a-half-bath configurations. Interior and building updates have been completed at varying levels, including renovated kitchens and bathrooms, while newer roofs, updated electrical service, and copper plumbing add to the property improvements.

The buildings are located in Chicago’s Bronzeville neighborhood near Metcalfe Park, with access to I-90 and downtown Chicago. The portfolio provides a range of apartment layouts within two nearby assets, including 4208 S. Michigan Ave with seven 2BD/1BA and eleven 3BD/1BA units, and 4213 S. Michigan Ave with four 1BD/1BA, four 2BD/1BA, three 2BD/1.5BA, and five 3BD/1BA units.

Key Highlights

  • Two‑building apartment portfolio totaling 34 units
  • 4208 S. Michigan: seven 2BD/1BA and eleven 3BD/1BA units
  • 4213 S. Michigan: four 1BD/1BA, four 2BD/1BA, three 2BD/1.5BA, and five 3BD/1BA units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Auto Repair Shop Auto Parts Store Cafe & Coffee Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily portfolio with varied unit layouts and capital improvements across kitchens, bathrooms, electrical, roofs, and plumbing.
Where is this apartment building located?
The property is located at 4208 & 4213 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Two‑building apartment portfolio totaling 34 units; 4208 S. Michigan: seven 2BD/1BA and eleven 3BD/1BA units; 4213 S. Michigan: four 1BD/1BA, four 2BD/1BA, three 2BD/1.5BA, and five 3BD/1BA units
(773) 293-5032 Call to check price and availability
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