4954 N. CHRISTIANA AVENUE
Property Overview
Interra Realty has been exclusively engaged to market for sale 4954 North Christiana. The subject property is a 24 unit, courtyard style multifamily building located in the Albany Park neighborhood on Chicago's North Side.
Situated at the corner of Argyle and Christiana, 4954 North Christiana contains an ideal unit mix of 8 (eight) 1 bedroom + den / 1 bedroom units, 1 (one) 2 bedroom / 1 bathroom unit, 11 (eleven) 2 bedroom / 1.5 bathroom units, and 4 (four) 2 bedroom / 2 bathroom units. Fully renovated approximately 15 years ago, the units feature hardwood floors, a mix of stainless steel and white appliances—including dishwashers—in-unit laundry, and central HVAC.
Ideally located in East Albany Park, the property is within 2 blocks of the Kimball Brown Line station and North Park University.
Highlights
- 24 Unit S-Shaped Courtyard
- 6.64% Going In Cap Rate
- Fully Renovated
- Averaging over 5% increases on renewals & over 14% increases on New Leases
- Attractive Unit Mix Of Mostly 2 Bedroom Layouts
- Central HVAC & In-Unit Laundry
- Updated Plumbing, Electrical & Windows