Property Overview
Interra Realty has been exclusively engaged to market the attached subject property for sale. The attached subject opportunity is a five-unit apartment building located in Chicago's University Village Neighborhood. The apartments feature a mix of finish levels but all have hardwood flooring, some have dishwashers, and all have individual furnaces and hot-water heater. Additionally, there is common area laundry located in the basement of the property.
The attached subject building creates a unique opportunity for a new investor to step into a well-located asset in a low-velocity neighborhood with a large value-ad component. New ownership has the ability to rehab the apartments and push the rents significantly over time.
Highlights
- Strong University Village Location
- Individual Hot-water Heaters & Furnaces
- Laundry On-Site
- Value-Ad Opportunity
Key Details
Sale Price
$1,200,000
Number of Units
Five (5)
Submarket
University Village