Stabilized Multifamily Apartment
For Sale
Contact for pricing
4151-53 S Berkeley, Chicago, IL 60653
Portfolio includes four six-flat buildings with in-unit living and dining layouts and updated 2007 electrical, plumbing, and furnaces.
Property SizeContact for details
Days on Market123
Property Features for 4151-53 S Berkeley
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
24
Building Details
Year Renovated
2007
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Brad Thompson · License #IL 471013662
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 7:35AM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This portfolio includes four six-flat apartment buildings offered together for sale. Across the buildings, there are 10 four-bedroom apartments and 14 three-bedroom units, with separate living and dining rooms. Many apartments are currently leased to long-term tenants, and the portfolio is described as stabilized with in-place income. Each building includes a full basement with a laundry facility.
The buildings were updated in 2007 with new electrical and plumbing systems and new furnaces. The seller notes the portfolio is generating more than $225,000 in net income.
The buildings were updated in 2007 with new electrical and plumbing systems and new furnaces. The seller notes the portfolio is generating more than $225,000 in net income.
Key Highlights
- Portfolio sale: four six‑flat apartment buildings with stabilized, in‑place income
- Unit mix: 10 four‑bedroom apartments and 14 three‑bedroom units with separate living and dining rooms
- Updated in 2007 with new electrical and plumbing systems in each building
Property Analytics
Current Use
Lease Details
24
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes four six-flat buildings with in-unit living and dining layouts and updated 2007 electrical, plumbing, and furnaces.
Where is this apartment building located?
The property is located at 4151-53 S Berkeley Chicago, IL.
What are key features of this property?
This property features: Portfolio sale: four six‑flat apartment buildings with stabilized, in‑place income; Unit mix: 10 four‑bedroom apartments and 14 three‑bedroom units with separate living and dining rooms; Updated in 2007 with new electrical and plumbing systems in each building
