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Brand-New 4-Unit Residential Building
For Sale
Contact for pricing

4539 S Evans Avenue, Chicago, IL 60653

Newly constructed quadplex featuring four units with modern finishes and dedicated parking for four vehicles.

Property SizeContact for details
Days on Market124

Property Features for 4539 S Evans Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multifamily

Additional Details

Cap Rate 7%
Multifamily Units 4

Building Details

Stories 3
Tenancy Multi
Listing Agency: Fulton Grace Realty
Listed By: Ting Xu
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 20 at 8:13PM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

This brand-new 4-unit residential building is designed for today’s renters, with modern finishes throughout. The property includes an arrangement where the 1st floor offers two units, and each of those units is configured with two bedrooms and two full bathrooms. The 2nd and 3rd floor units each provide three bedrooms and two full bathrooms. Interiors feature custom white and wood finish cabinetry, quartz countertops and backsplash, and stainless steel appliances.

Four parking spots are provided for the building.

The offering is presented as a portfolio add opportunity, with a stated CAP of 7.

Key Highlights

  • Brand‑new 4‑unit residential building in Bronzeville
  • Unit mix: 1st floor has 2 units, each with 2 bedrooms and 2 full bathrooms
  • 2nd and 3rd floor units each offer 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Auto Repair Shop Building Supply Auto Parts Store Carpet & Flooring Store

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,535
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Newly constructed quadplex featuring four units with modern finishes and dedicated parking for four vehicles.
Where is this quadplex located?
The property is located at 4539 S Evans Avenue Chicago, IL.
What are key features of this property?
This property features: Brand‑new 4‑unit residential building in Bronzeville; Unit mix: 1st floor has 2 units, each with 2 bedrooms and 2 full bathrooms; 2nd and 3rd floor units each offer 3 bedrooms and 2 full bathrooms
(773) 698-6648 Call to check price and availability
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