4320 S Michigan Avenue

Chicago, IL 60653

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.

Listing Courtesy of MRED as distributed by MLS Grid of @properties Commercial



Based on information submitted to the MLS GRID as of 2025-04-19 08:02 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-19 08:02 AM UTC
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