Don't miss this exceptional opportunity to acquire a cash-flowing 11-unit multifamily building in the heart of vibrant Bronzeville. Superbly situated at 4320 S Michigan Avenue, this well-maintained asset offers immediate returns with a strong in-place cap rate from day 1. The property features a versatile mix of 1-, 2-, 3-, and 4-bedroom units, appealing to a broad tenant base. Each unit offers generous floor plans, timeless architectural character, and significant upside potential through interior enhancements, ideal for investors seeking value-add opportunities or long-term appreciation. Recent mechanical improvements and a well-preserved exterior reduce maintenance concerns and support ongoing operational efficiency. Additionally, the building qualifies for the Affordable Housing Special Assessment Program (AHSAP) providing substantial property tax savings while maintaining unit affordability and rental appeal. Strategically located in one of Chicago's fastest-growing neighborhoods, this is a rare chance to secure a high-yielding, income-generating asset with both immediate and future upside. Opportunities of this caliber in Bronzeville are rare. Schedule your tour today.
Property Map
Please use the print button to include maps when printing.
For more information about 4320 S Michigan, Chicago, IL 60653 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by @properties Commercial
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
