Updated Ten-Unit Apartment
For Sale
Contact for pricing
Pending
4711 S Michigan Ave, Chicago, IL 60615
Ten-unit walk-up with renovated interiors, private laundry, and a balanced mix of spacious two-, three-, and four-bedroom apartments.
Property Size13,600 SF
Days on Market415
Property Features for 4711 S Michigan Ave
General Information
Standard status
Pending
Size
13,600 SF
Class
C
Property subtype
Multifamily
Building Details
Units
10
Listing Agency:
Kiser Group
Listed By:
Aaron Sklar · License #IL 475161507
(773) 293-5032
Source:
Crexi
Added: Jul 15, 2025
Changed: Sep 2
Last Checked: Aug 31 at 9:46PM
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 10-unit walk-up apartment building offers a unit mix of four 2Bd/2Ba apartments, four 3Bd/2Ba apartments, and two 4Bd/2Ba apartments. The units feature spacious layouts along with updated kitchens and bathrooms. Property improvements include individual furnaces and water tanks, in-unit laundry, 600 Amps of electric service, copper plumbing, and newer porches. The building contains 13,600 square feet.
Located at 4711 S Michigan Ave in Chicago’s Bronzeville neighborhood, the property is approximately two blocks from the Chicago Green Line station at 47th Street. Current operations reflect a 9% cap rate and 14.40% cash return, while the stated rent-growth scenario reaches a 9.62% cap rate and 16.89% cash return.
Located at 4711 S Michigan Ave in Chicago’s Bronzeville neighborhood, the property is approximately two blocks from the Chicago Green Line station at 47th Street. Current operations reflect a 9% cap rate and 14.40% cash return, while the stated rent-growth scenario reaches a 9.62% cap rate and 16.89% cash return.
Key Highlights
- 10‑unit apartment building with 13,600 square feet
- Unit mix includes four 2Bd/2Ba, four 3Bd/2Ba, and two 4Bd/2Ba apartments
- Updated kitchens and bathrooms throughout the apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
Explore this area
Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
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 - Ten-unit walk-up with renovated interiors, private laundry, and a balanced mix of spacious two-, three-, and four-bedroom apartments.
Where is this apartment building located?
The property is located at 4711 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: 10‑unit apartment building with 13,600 square feet; Unit mix includes four 2Bd/2Ba, four 3Bd/2Ba, and two 4Bd/2Ba apartments; Updated kitchens and bathrooms throughout the apartments
