21-Unit Apartment Building
For Sale
Contact for pricing
Pending
4756 S Vincennes Ave & 703 E 50th Pl, Chicago, IL 60615
Two Chicago buildings operate under one HAP contract and contain rehabbed apartments with individual heating.
Property SizeContact for details
Days on Market146
Property Features for 4756 S Vincennes Ave & 703 E 50th Pl
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
17 x 2BR/1BA, 2 x 1BR/1BA, 2 x 3BR/1BA
Multifamily Units
21
Building Details
Buildings
2
Listing Agency:
Kiser Group
Listed By:
Aaron Sklar · License #IL 475161507
(773) 293-5032
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 6:27AM
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 includes two apartment buildings at 4756 S. Vincennes Ave and 703 E. 50th Pl, with 21 units combined. The unit mix consists of 17 two-bedroom, one-bath apartments, two one-bedroom, one-bath apartments, and two three-bedroom, one-bath apartments. Units have been rehabbed and are individually heated.
The properties operate under a single HAP contract placed in July 2020 with a 20-year term and mark-up-to-market structure. The buildings are near one another in Chicago’s Bronzeville neighborhood, just north of Hyde Park. The University of Chicago, the Museum of Science and Industry, Lake Michigan, and the future Obama Presidential Center and Library are identified nearby, while the Loop is only minutes away.
The properties operate under a single HAP contract placed in July 2020 with a 20-year term and mark-up-to-market structure. The buildings are near one another in Chicago’s Bronzeville neighborhood, just north of Hyde Park. The University of Chicago, the Museum of Science and Industry, Lake Michigan, and the future Obama Presidential Center and Library are identified nearby, while the Loop is only minutes away.
Key Highlights
- 21 units across two apartment buildings at 4756 S. Vincennes Ave and 703 E. 50th Pl
- Unit mix includes 17 2b/1ba, two 1b/1ba, and two 3b/1ba apartments
- One HAP contract with a 20‑year term placed in July 2020
Property Analytics
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
1,014
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 - Two Chicago buildings operate under one HAP contract and contain rehabbed apartments with individual heating.
Where is this apartment building located?
The property is located at 4756 S Vincennes Ave & 703 E 50th Pl Chicago, IL.
What are key features of this property?
This property features: 21 units across two apartment buildings at 4756 S. Vincennes Ave and 703 E. 50th Pl; Unit mix includes 17 2b/1ba, two 1b/1ba, and two 3b/1ba apartments; One HAP contract with a 20‑year term placed in July 2020
