4525 S Evans Avenue
Chicago, IL 60653

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $789,000
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About this home

Pleased to exclusively offer for purchase 4525 S. Evans, an absolutely beautiful three (3) unit walkup located in Chicago's highly coveted Bronzeville neighborhood. Over the years, Bronzeville has seen a surge in demand and development with easy access to Chicago's Downtown and close proximity to Hyde Park Built in 1895 and completely restored just years ago, 4525 S. Evans consists of an incredibly attractive unit mix featuring two (2) 2b/2ba units, and one (1) 4b/3ba unit. All of which, however, have been meticulously designed and completely rehabbed. Furthermore, each unit is equipped with modern designs and sleek kitchens and baths. Additionally, all of the units are equipped with in-unit washer and dryers. In addition to the high end, condo-like finishes, recent improvements to the building consist of, but not limited to: a full update to the buildings electric, all new plumbing, HVAC, windows, masonry and tuckpointing, as well as a beautiful steel porch.

Property details

Property / Lot Details
Acreage 0.09
Lot Dimensions 24' X 170'
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1895
Parking Total 3
Exterior Building Type Brick
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2017
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Grand Boulevard
Corporate Limits Chicago
Directions From Cottage Grove, turn west onto 45th St. Turn South onto Evans Ave and the building will be on the east side of Evans Ave.
Elementary Sch Dist 299
Heat/Fuel Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 7
Full Baths in Building Count 7
Total Rooms 15
Units
unit 1
Beds Total 4
Baths Total 3
Actual Rent 1963
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Range Hood, Hardwood Floors, Oven/Built-in
Full Baths Total 3
Lease Expiration Date 02/25
Rooms Total 7
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
Square Feet 2200
unit 2
Beds Total 2
Baths Total 2
Actual Rent 1257
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Range Hood, Hardwood Floors, Oven/Built-in
Full Baths Total 2
Lease Expiration Date 01/25
Rooms Total 4
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1200
unit 3
Beds Total 2
Baths Total 2
Actual Rent 1355
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Range Hood, Hardwood Floors, Oven/Built-in
Full Baths Total 2
Lease Expiration Date 04/25
Rooms Total 4
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 3
Square Feet 1200

Financials

ElectricExpense 585
Gross Rental Income $54,900
Insurance Expense $2,400
Net Oper Income $38,808
MaintenanceExpense 1000
Rental Income 54900
Scavenger Expense $1,016
Investment Profile Residential Income
Water Expense $3,652

Tax/Assessments/Liens

PIN 20034200080000
Special Assessments N
Taxes $6,809
Tax Year 2022
$789,000 Listing Price:
MLS # 11959988
Investment Profile Residential Income
Listing Market Time 114 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 01/11/2024
Year Built 1895
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