Property Overview

Interra Realty has been exclusively engaged to market the attached opportunity for sale. The attached subject property is a seven-unit multifamily apartment building in Chicago's Ukrainian Village Neighborhood. All units have been moderately upgraded with newer kitchens and bathrooms. The asset
contains six above grade, two-bedroom one-bathroom apartments as well as and additional one-bedroom one-bathroom non-conforming garden unit.

Each apartment features individual furnaces, hot-water heaters, and dishwashers throughout the property. Common laundry is featured on-site as well. Throughout current ownership, the property has received 400 AMP updated electric, and a mix of updated plumbing. The roof is 10 years old as well and
there is a two-car garage on-site as well.

The attached subject property allows for a new owner to update the units and push rents over time in a neighborhood that is one of the most sought-after locations in the city.

Highlights

  • Light Value-Add Opportunity
  • Desirable Ukrainian Village Location
  • Attractive Unit Mix Consisting of Two-Bedroom Units
  • Laundry, Parking, and Storage Lockers On-Site

Key Details

Sale Price
$1,500,000
Number of Units
Six (6)
Submarket
Ukrainian Village