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AIA sells 37-unit apartment building In Bronzeville

December 9, 2019
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Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the Bronzeville neighborhood on Chicago’s South Side. The 37-unit building, located at 4817 S. King Drive, sold for $2,350,000 or $63,514 per unit.

Mike Lindblad of AIA was the sole broker involved in the sale. Bronzeville has seen a lot of interest considering the ideal location between the South Loop and Hyde Park.

“This was a rare opportunity to bring new life to a larger scale property along the historic boulevard on King Drive,” said Lindblad.

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Apartment Investment AdvisersbronzevilleChicagoIllinoismultifamily
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