Six-Unit Apartment
New
For Sale
Contact for pricing
4745 South Saint Lawrence Avenue, Chicago, IL 60615
Multifamily property currently configured as six individually recorded condominium units.
Days on Market6
Property Features for 4745 South Saint Lawrence Avenue
General Information
Standard status
Active
Class
A
Total Parking Spaces
5
Property subtype
Multifamily
Zoning
RM5
Occupancy
100%
Investment Type
Institutional
Net Operating Income
$97,428
Additional Details
Multifamily Units
6
Building Details
Buildings
1
Units
6
Listing Agency:
North Clybourn Group, Inc.
(773) 645-7900
Listed By:
Karen Biazar · License #471.003309
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 3 at 4:36AM
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 North Clybourn Group, Inc.
Investment Insights
Based on property information with market context.
This multifamily property is currently recorded as six separate condominium units, with ownership holding full controlling interest. The asset is being positioned for a change in legal classification through removal from the condominium act.
The filing is scheduled after completion of the pending reduction appeal. Upon filing, the property is expected to be reclassified as a 2-11 unit building. The property is located at 4745 South Saint Lawrence Avenue in Chicago, Illinois.
The filing is scheduled after completion of the pending reduction appeal. Upon filing, the property is expected to be reclassified as a 2-11 unit building. The property is located at 4745 South Saint Lawrence Avenue in Chicago, Illinois.
Key Highlights
- Six individual condominium units currently recorded
- Full controlling interest held by ownership
- Filing planned to remove property from the condominium act
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,788
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property currently configured as six individually recorded condominium units.
Where is this apartment building located?
The property is located at 4745 South Saint Lawrence Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Six individual condominium units currently recorded; Full controlling interest held by ownership; Filing planned to remove property from the condominium act
