Bronzeville

MLS Number 11623748

• CommercialSale Commercial Sale
• Area Grand Boulevard
• Year Built 1950
• Zoning MULTI

One of A Kind Mid-Century Modern 22 + unit Apartment Building in vibrant Bronzeville location set on Historic King Drive $279,236 NOI/7.1 CAP Offering 91% stake: 22 of 24 units with 10 parking space. Intelligent design with highly efficient and diverse floorplans, Equal combination of one and two bedrooms . Fully stabilized AA tenant base, envisioned and curated by a lifestyle focused ownership team. Meticulous attention to detail in all aspects realized in high tenant retention rates. Numerous unit upgrades, Refinished Hardwood and VHT Luxury Flooring, curated interior colors, LED lighting, Professional Kitchens, Euro-style washer/dryers, All custom closet organizers, Resort inspired baths, Integrated vanities and medicine cabinetry, Window treatments, Dimmer switches, Individual HVAC, 1 to 1 storage, Full supplemental on-site laundry center and Community room space. Extensive Capital Improvements. Annual apartment reviews have yielded a maintenance level rarely encountered. The opportunity to scale further and create a Legacy Campus of 44 Units/35 car parking + can be packaged with neighboring 4954-58 S King/350 E 50th 90%+ controlling majority stake NOI $149,939 65% Stabilized Contiguous corner comprised of 14 residential units Palpable expansion opportunities for 2 ADU's within the King envelope offering(not factored as part of 44-unit package count) (1) center entry side by side 6 unit @350 E 50th. This value-add hybrid requires complete renovation all 2-bedroom 2.1 bath inclusive of architectural plans designed as 8 envisioning 2 additional units below grade (2 below grade not factored in 44 total package count) + 100% controlling interest of 4953-55 S Calumet Center Entry 8 units + 8 parking spaces. NOI $126,532 / 6.9 cap + Significant separate immediately adjacent @ 4945 S Calumet (behind 4954-58 King) expertly over-engineered 17 car parking lot, cement paved, lined, remote secured access, professionally landscaped with irrigation system prepped. Parking System built-out with full plans and permits for permitted use. Meticulous attention to detail in all aspects from skilled scaled veteran ownership team. Transparent, comprehensive scope of work, capital improvements, rent roll, lease schedules and full financials available on request. Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice to show. Rare opportunity to obtain a sizeable AA turnkey footprint strategically positioned for continue long term growth.

Listed by Karen Biazar and Staci Slattery of North Clybourn Group,Inc.

MLS Number 11627180

• CommercialSale Commercial Sale
• Area Grand Boulevard
• Year Built 1907

This majestic & impeccable red brick & limestone boutique center entrance eight unit, BETTER than condo quality, rental apartment building, is on one of the best streets in east Bronzeville. The building's exquisite, high caliber renovated apartments are synonymous w/ today's top notch luxurious condos with 21st Century accouterments, yet maintains the graciousness of old world quality & elegance. Enter into the gorgeous common areas & appreciate the marriage of modern flare with traditional style. All-encompassing vast capital improvements entail a hand fabricated metal cornice, new roof, generator system, overhead entrance code operated gated parking & even irrigation system! The tenants love their homes & private terraces with mature, strategically planted trees that create a secluded oasis. With current long term residents, the building's cap rate of 6.76% & NOI of$128,194 can be easily adjusted to today's market rents & a cap of 7.4% & an NOI of $140,246 -without spending a penny. The successes to the owner's legacy are two factors: superb care for the asset & its great residents. Hence, the new owner steps into a fully occupied & renovated turnkey property. All 8 luxury rentals are ultra-chic 2 bed/2 bath apartments, w/ individual HVAC, half circular living rooms, open dining rooms, 7" crown moldings, SS closet organizers in an amazing amount of closets, SS appliances, slab granite countertops, 42" upper cabinets, front loading euro washers & dryers, hip lighting, Decora switches & dimmers, strategically placed cable for flat screens, 2" horizontal blinds & a lot more. Superbly located amongst new construction homes & 2 blocks to Dyetts's School for the Arts, Washington Park, Provident Hospital & buses. Close to the Green Line Train, Hyde Park, LSD, 90/94 & I-55. This is rare opportunity to buy a truly remarkable asset.

Listed by Lukasz Kristen of Great Lakes Realty Central Inc

MLS Number 11617493

• CommercialSale Commercial Sale
• Area Grand Boulevard
• Year Built 1920
• Zoning MULTI

One-of-A-Kind Unicorn Investment Opportunity set in Vibrant Bronzeville offering stately stabilized center entrance side by side 8 residential units + significant remote secured 8 parking spaces. 100% Controlling Interest NOI $126,532 /6.9 % CAP. Extensive gut renovation and notable capital improvements offer abundant choice for numerous investment objectives. Double custom metal fabricated cornice, backup generator, cable heated gutter, new rear decks full plans and permits, extensive masonry improvements, roof, skylight replacement, prolific professional landscaping and more. Intelligent design, expansive and diverse floorplans, unit mix offering includes 5 floor plans : (2) extraordinary 4-bedroom 2 bath (1) exceptional 3-bedroom 2 bath (2) Expansive 2-bedroom 2 baths (1) Equally Expansive 2-bedroom 1.5 bath, (2) Quality 2 bedroom 1 baths. Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, are a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. The opportunity to scale further can be packaged with neighboring fully stabilized 22 units + 10 parking spaces @ 4950 S King NOI $279,236/7 CAP, 4954-58 S King/350 E 50th 14 units NOI $149939 inclusive of immediately adjacent, expertly over-engineered 17 car parking lot, cement paved, lined, remote secured access, professionally landscaped with irrigation system. Parking System built-out with full plans and permits for permitted use. 350 E 50th porition is a Value Add Center Entry Side by Side 6 residential Units, each with individual pins. This value-add hybrid requires complete renovation and framed as 2-bedroom 2.1 bath inclusive of architectural plans designed as 8, envisioning 2 additional units below grade..Palpable expansion opportunities, attention to detail in all aspects from skilled scaled veteran ownership team. Transparent, comprehensive scope of work, capital improvements rent roll, lease schedules and full financials available on request. Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice M-F 10am to 4pm to show. Rare opportunity to obtain a sizeable AA turnkey footprint strategically positioned for continue long term growth.

Listed by Karen Biazar and Staci Slattery of North Clybourn Group,Inc.

MLS Number 11639628

• CommercialSale Commercial Sale
• Area Douglas
• Year Built 1926
• Zoning COMMR

Location..Location..Location! Bronzeville/gap area large brick 2-story corner lot over 11,000 sqft w/partial basement & iron gate, 3-store frts occupied, a large club/lounge that can sit up to 200 & extra smaller lounge adjacent with additional sitting, parking lot for extra income too! $6,500 for rent for restaurant and video game store. $5,000 for restaurant and $1,500 for video game store. 4-5 miles so. Of downtown chgo, near u.S. Cellular, iit, & mccormick

Listed by Alexander Summers of Jameson Commercial

MLS Number 11635009

• Business Opportunities Business Opportunity
• Area Douglas

Location..Location..Location! Bronzeville/gap area large brick 2-story corner lot over 11,000 sqft w/partial basement & iron gate, 3-store frts occupied, a large club/lounge that can sit up to 200 & extra smaller lounge adjacent with additional sitting, parking lot for extra income too! $6,500 for rent for restaurant and video game store. $5,000 for restaurant and $1,500 for video game store. 4-5 miles so. Of downtown chgo, near u.S. Cellular, iit, & mccormick

Listed by Alexander Summers of Jameson Commercial

MLS Number 11428925

• CommercialSale Commercial Sale
• Area Grand Boulevard
• Year Built 1890

Three Story, Multi Family Building in Bronzeville, on S King Drive, just South of 49th. Newly Renovated Apartments with modern interior design, stunning original masonry and gate secured three car garage, just off the alley. Building is ready to either condo or lease at your own rate; similar simplex comps are at $375k each and duplex comps at $425k each. First level has two duplex down 5BD/3BA apartments (rent at $3300 per month). Second and third level feature four - 3BD/2BA (1700 SF) simplexes (rent at $2700-$2800 per month). New finishes include but not limited to: hardwood floors throughout, tons of natural light, private balcony, stainless steel appliances, in-unit laundry and updated HVAC. Each unit boasts large living/dining/kitchen area, primary bedroom with attached en-suite and additional bedrooms that can comfortably accommodate a queen bed. Utilities are separately metered, renters pay for gas and electric. Management in place. Quick Drive to the Hyde Park Shopping and Dining District, Lake Michigan or steps from the train station. 0.4 Miles to the 47th Green line train station, multiple bus stops and close access to the Expressway or Lakeshore Drive.

Listed by Dylan Carrigan and Ian Feinerman of @properties Commercial

MLS Number 11301492

• CommercialSale Commercial Sale
• Area Kenwood
• Year Built 1903

If your business is in need of an elegant, beautifully maintained space, this is the place for it! Located in fast growing, booming Bronzeville, the property features 7,000 SF of exceptional event space with reception area, full-service all stainless kitchen, restrooms on both floors and a large space that can be set up for office or a VIP room. Each floor has a separate entrance and can be occupied or partially rented to generate income. Oak floors with crisp white walls are ready to display art work, decorations, business advertisements or your personal customized touches. Property has zoned heating and AC systems for maximum efficiency, 200+ amp service and an additional 3500 SF of basement storage space that runs the entire length of the building. Surrounded by new residential construction and a wealth of business and community growth with the added benefit of being in an opportunity zone. 12,565 SF VACANT LOT AT 4327 S. COTTAGE IS INCLUDED! Lots of FREE on-street parking. This you don't want to miss!! FOR SALE ONLY. SELLER WILL WORK WITH NEW OWNER ON BUSINESS DEVEL0PMENT.

Listed by Pamela Tuggle and William Tuggle of @properties

MLS Number 11478229

• Residential
• Bedrooms 5
• Bathroom 5
• Square Feet 5,080

(LAST ONE OUT OF FOUR) Absolutely spectacular custom-built 5/6 bedroom/ 3 full bath & 2 half mansion with a plethora of natural light and expansive outdoor space. This stunning masterpiece is located in the iconic Bronzeville neighborhood, steps away from University of Chicago, IIT and DuSable Museum. This home demonstrates the historical design of the past, present and the future. The expansive main living space with dining area leads to an exceptional modern design kitchen that is appointed with custom cabinetry, under cabinet lighting, quartz countertop, 10-foot island and Thermador appliances. Family room has oversize windows, a stately fireplace, coffered ceiling which leads to a rear mudroom that walks out to a large patio with direct access to a 2 car garage. Large lower level theater room with wet bar, 2 spacious bedrooms, full bathroom, laundry room and plenty of space for your storage needs. 3 bedrooms on second floor including luxurious primary suite with large windows, walk-in closets, and spa like master bathroom. The breath-taken 2-story loft area with 14' ceiling leads to the third floor recreational area. Additional features include hardwood floors, zoned heating/cooling, sump pump & ejector pump with drain tile system. Finally, get away from it all on this oversized rooftop deck with Trex prewired for sound with tree top/ city views. ACCESS LOCATION: Proximity to highway 90 / 94 Kennedy Expressway & Lakeshore Drive, close to Green Line Train Station, METRA & CTA Bus Stop and less than 15 minute to downtown Chicago. SHOP AT: Marianos, Whole Foods, Hyde Park Produce & Trader Joe's. ACCESS TO GREEN & NATURAL SPACES: Blocks from XS Tennis & Education Foundation, Washington Park w/ jogging trails, baseball field, tennis courts, & mature trees. Welcome home to this magnificent turn-key home!

Listed by Sybil Martin and Paulette Edwards of Coldwell Banker Realty

MLS Number 11312110

• CommercialSale Commercial Sale
• Area Grand Boulevard
• Year Built 1884
• Acreage 0.19
• Zoning MULTI

100% occupancy with most families long term tenants. Walk in as a new building owner and start making money first day. Huge 4 and 3 bedroom units offer 2030 SQ FT and 1920 SQ FT (respectively) of living space. Historic Bronzeville district is attracting families as well as investors with lots of opportunities. It is one of Chicago's most desirable and appreciating neighborhoods. Short walking distance to Marianos and restaurants, train station, close to Expressway, 10 mins South of Downtown Chicago. Big ticket capital improvements already done: New Roof end of 2020, Tuckpointing summer of 2020, New Chimney 2020, Lots of new windows 2020-2022, North tear units have brand new plumbing in kitchen (city inspected and passed), couple units have newly updated living rooms with new electrical (city inspected and passed) and new windows. New building entrance door is coming soon. Garage is rented to the neighbor for $100/month cash or zelle. Possible extra income by adding washer and dryer in the laundry area.

Listed by Gediminas Cesevicius of USA Realty Group Inc

MLS Number 11464374

• CommercialSale Commercial Sale
• Area Washington Park
• Year Built 1886
• Acreage 0.25
• Zoning MULTI

Jameson Commercial is pleased to exclusively present 5120-26 S. Michigan Ave., a spacious 8-unit center entrance walk up building located in the booming Washington Park/Bronzeville neighborhood on the south side of Chicago. The improvement sits on an over-sized lot (63' x160') offering renters large apartments and an enclosed on-site parking lot accommodating up to 11 vehicles. 5120-26 S. Michigan has a desirable unit mix and these units are large in square footage. The break-down are as follows: (3)1Bd/1Ba at 880sf, 700sf, & 560sf, (2) 3Bd/2Ba at 1,920sf, and (3)5Bd/2Ba boasting 2,140sf. Throughout the recent years, the building has undergone significant and extensive improvements consisting of, but not limited to: roof repairs, exterior painting, tuck pointing, HVACs, plumbing,common areas, and perimeter fence. The units have also have been improved with granite counter tops and updated appliances. This asset offers a true unique and value-add opportunity. As it currently stands, an investor can acquire an existing cash flowing asset from day one with an in-place Cap Rate of 8.09% and Cash-on-Cash return of nearly 10%. In addition, the current owners have plans and permit to add four garden-style 1Bd/1Ba units and increase the gross rental income to +/-$45,000 per year. Some work has started that includes, but not limited to: plumbing, laundry room and furnaces. Note: in the financial section of this MLS listing and in the "fuel" line item, the dollar amount represents the combined annual utility costs for gas (hot water), water and common area electric. Please inquire for an Offering Memorandum.

Listed by Marco Cesario of Jameson Commercial