4355 S St Lawrence Ave Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $10,723/month
About This Home
Exceptional investment opportunity in the heart of Bronzeville! This fully leased 8-unit building features modern residences with desirable floor-plans. Each unit showcases high-end condo-quality finishes, including hardwood flooring throughout, gourmet maple kitchens with granite countertops, and stainless steel appliances. Every unit is equipped with in-unit laundry, central heat/air, private rear decks, plus designated parking in rear. Ideally positioned directly across from Armstrong Park and surrounded by new construction, this property is perfectly suited for investors seeking to start, expand, and/or strengthen their Chicago portfolio. Strong tenant base with upside potential as well as future condo conversion possibilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,101
Year Built
- Built in 2005
Lot Details
- 8,694 Sq Ft Lot
- Lot Dimensions are 69 x 126
- Additional Parcels
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
- Rubber Roof
Interior Spaces
- 9,993 Sq Ft Home
- 3-Story Property
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
Community Details
Overview
- Association fees include parking
- 8 Units
Building Details
- Electric Expense $779
- Insurance Expense $9,538
- Maintenance Expense $1,326
- Manager Expense $8,154
- Other Expense $1,787
- Trash Expense $8,271
- Water Sewer Expense $3,800
- Operating Expense $50,956
- Gross Income $187,500
- Net Operating Income $136,544
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/01/2025 09/01/25 | For Sale | $1,725,000 | +28.4% | $173 / Sq Ft |
08/31/2018 08/31/18 | Sold | $1,343,000 | -6.4% | -- |
08/17/2018 08/17/18 | Price Changed | $1,435,000 | +2.9% | -- |
08/17/2018 08/17/18 | Price Changed | $1,395,000 | -2.8% | -- |
08/15/2018 08/15/18 | For Sale | $1,435,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12460150

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