1123 N. Christiana Ave.
Property Overview
Interra Realty has exclusively been engaged to market the attached portfolio for sale. The attached opportunity is a 48-unit, six building portfolio in Chicago’s Humboldt Park Neighborhood. The apartments all consist of either two-bedroom or three-bedroom units. Each building has been well maintained throughout the duration of the current ownership, which spans about 10+ years. Each property features individual furnaces and individual hot-water heaters for each unit.
The subject portfolio creates an opportunity for a new investor to step into a well-situated, income-producing asset and rehab each unit to push rental rates over time. Additionally, based on the proximity of each building, a new investor has the opportunity to reach immediate economies of scale in a relatively low-density / low velocity submarket in Chicago.
Highlights
- Four (4) Parking Spaces
- Tenant Storage On-Site
- Common Laundry On-Site