Luther Terrace Property Data

Luther Terrace Multifamily Property Details

Constructed in 1974, the Luther Terrace apartment building comprises 315 units of the following unit mix: One Bedroom, Studio, Two Bedroom/One Bath, totaling 230,085 SqFt. The property is located in Grand Boulevard, at 4747 South Dr. Martin Luther King Jr. Drive, Urban Chicago.

Property Unit Breakdown

For a more comprehensive assessment of the Luther Terrace property, Yardi Matrix offers a breakdown of each unit type in the building, including information on rent per unit and per square foot, segmented by asking and effective rents.

Sales and Loans

Evaluate the sales history of the Luther Terrace multifamily property with the help of Yardi Matrix, including information on sale price, price per unit, price per square foot, associated loans, buyers, sellers, and more.

Occupancy History

Leverage Yardi Matrix’s occupancy data to gauge the performance of Luther Terrace compared with equivalent properties in the area and determine the operational risks associated with occupancy and vacancy rates.

Rental Rate History

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Area Map