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4201-4209 S Michigan Ave
Chicago, IL 60653

$4,475,000 USD

Apartments For Sale  •  12,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,000 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1894
70 Transit Score
69 Walk Score

Highlights

Interest Rate: 4.95% Maturity Date: 04/01/2029
Original Loan Amount: $3,771,000.00
Current Principal Balance: $3,442,000.00
Cash on Cash: (COC) 7.8%
Debt Service Coverage Ratio (DSCR) 1.38
Loan To Value (LTV) 77%

Property Flyers

Amenities

  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
35Th St. - Lou Jones (Rock Island - Metra) 3 min - 1.2 mi
47Th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.3 mi
Transit/SubwayDriveWalkDistance
Indiana Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 5 min 0.3 mi
43Rd Street Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
47Th Street Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 16 min 0.9 mi
47Th Street Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 14 min 19 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 8.0 mi
Chicago O'Hare International 34 min - 22.2 mi
Joe Connelly 630-550-1515 SVN | Chicago Commercial
Joe Connelly 630-550-1515 SVN | Chicago Commercial