Interra Realty is pleased to present exclusively for sale 3548 W 15th St in Chicago's North Lawndale neighborhood. The subject property is 20 units comprised of seven (7) 1BD/1BA apartments and thirteen (13) 2BD/1BA apartments. The architecturally distinct property is situated at the prominent corner of Central Park Ave and 15th St. Each unit in the building has been outfitted with individual furnaces and has received updates like newer kitchen cabinetry.

Investors have the opportunity to acquire a cash flowing asset with meaningful upside remaining in the rent roll. Through capturing market rents, there is the potential to increase the in place cap rate from 9.25% to 12.42%. The subject property is located just south of the historic Douglas Blvd and and three blocks north of the Central Park Pink Line CTA station, offering convenience to tenants.