Corcoran Urban Real Estate
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58 Properties Within 0.5 miles of: 4745 S St Lawrence, Chicago
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  • 444 E 48th Unit B3, Chicago, IL 60615
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    4 more available units at this address
    $597,000 Unit 3W 4 bd / 2 ½ ba
    $565,000 Unit 2W 4 bd / 2 ½ ba
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  • 444 E 48th Unit 1W, Chicago, IL 60615
    $475,000
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    4 more available units at this address
    $597,000 Unit 3W 4 bd / 2 ½ ba
    $565,000 Unit 2W 4 bd / 2 ½ ba
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  • 444 E 48th Unit 2W, Chicago, IL 60615
    $565,000
    4 bed | 2½ bath
    4 more available units at this address
    $597,000 Unit 3W 4 bd / 2 ½ ba
    $475,000 Unit 1W 3 bd / 2 ½ ba
    $345,000 Unit B3 3 bd / 2 ba
    $255,000 Unit B2 2 bd / 1 ba

4745 S St Lawrence
Chicago, IL 60615

  • Built In 1920
Price

$1,299,000

Est Payment
$8,045 / month (details)  
Taxes
$17,057  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
40 x 128.54  
Built
1920  
Neighborhood
Bronzeville  
MLS
#12717328
Status
Active

Property Description

7.5 CAP Acquire Performance The stewards behind this offering did not accumulate a portfolio. They built one. Forty-five years in high-quality branded development and management, and since 2007 a deliberate curation of the Bronzeville Collection, each asset acquired for what it could become and held to a standard that rarely survives contact with a spreadsheet. Intelligent design. Renovations engineered for longevity rather than the next appraisal producing the metrics that matter most quietly: high renewal, low delinquency, and residents' retention. Welcome to 4745-47 S St Lawrence, a stately center entrance side-by-side masonry & stone walk-up with voluptuous bays, artist inspired ornamental fencing, botanical garden park like setting with app controlled underground irrigation system commanding 40 feet of frontage on one of Bronzeville's lovely canopied residential streets. Six residential units, symmetrically composed, three blocks east of the 47th Street Green Line and set squarely inside the 47th Street cultural corridor: the Harold Washington Cultural Center, Gallery Guichard, the landmark Forum, and Bronzeville's renaissance of restaurants, galleries and wine rooms, all walking distance. Expansive 2- and 3-bedroom floorplans deliver the generous, light-filled proportions flow & finish that define the Collection. Premium Millwork, Professional Grade Kitchens, Stainless Steel Appliances, Quartz countertops, Full Backsplash, Under Cabinet Lighting, Formal Dining Rooms Custom Closet Organizers, Window Treatments, Dimmer Switches, Washer Dryer in Units, Individual HVAC, Central Air, Oversized rear decks extend the living space outdoors and give every unit genuine private air. A 40 x 128.54 lot supports exterior parking for up to 6 cars (currently set up as 5) plus 2 full unfinished basements for future expansion as ADU or duplex. Extensive CAP X improvements, market rate tenants Gross Income $159,936. NOI $97,428.12. 7.5 CAP. Stabilized, turnkey, and performing on day one. 48 hours' notice M-F

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
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Nearby Transportation

  • Bus 47 0.1 mi
  • Bus 4 0.2 mi
  • Bus 3 0.3 mi
  • Bus 15 0.4 mi
  • Bus 2 0.5 mi
  • Bus 43 0.6 mi
  • Bus 29 0.8 mi
  • Bus 172 0.8 mi
  • Bus 55 1.0 mi
  • Bus 39 1.0 mi
  • Bus 24 1.0 mi
  • Bus 28 1.0 mi
  • Bus 6 1.0 mi
  • Bus 51 1.1 mi
  • Bus 171 1.1 mi
  • Metra Electric 1.0 mi
  • Green Line 0.4 mi
  • Red Line 1.0 mi
  • I 90 West 1.0 mi
  • I 94 West 1.0 mi
  • I 90 East 1.1 mi
  • I 94 East 1.1 mi
  • I 55 North 2.3 mi
  • I 55 South 2.4 mi
  • I 290 East 4.6 mi
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