Property Overview
Interra Realty LLC has been exclusively engaged to present for sale 947-949 E. 84th St.. The subject property is a seven unit apartment building located in the Chathan neighborhood of Chicago's South Side. The property is a center entrance walk up building consisting of (3) 3BD/1 BA units, (3) 2 BD/1 BA & (1) 1 BD/1 BA garden unit.
All units in the property have undergone cosmetic rehab including updated kitchens and baths along with hardwood flooring. Apartments feature stainless steel applainces granite countertops, and new cabinetry. The floor plans feature spacious layouts.
A new investor has an opportunity to acquire a stabilized, professionally managed property with top of the market in place rents and the ability to achieve market leading returns.
Highlights
- Desirable Unit Mix: 1, 2, & 3 BD Layouts
- Updated Units with Granite Countertops, New Kitchen Cabinetry
- Spacious Unit Layouts/Large Floorplans
- Top of the Market In-Place Subsidy Rents
- Double Digit CAP Rate Returns
- Garage Located in Rear of Property