Property Overview

Interra Realty has been exclusively engaged to market 2646-50 N. Marshfield Avenue, Chicago, for sale. The subject investment opportunity is a unique opportunity to acquire a rental community of four adjacent parcels that include four residential/multifamily buildings, on-site parking, and plentiful greenspace. The assets are located in the Lincoln Park Neighborhood, one of Chicago's most affluent and sought-after communities.

The properties were recently renovated with clean, white finishes and updated common areas. All units have individual, tenant-paid gas forced air furnaces with A/C condensers and separate hot water heaters. Most units have in-unit laundry, in addition to shared on-site equipment. The property also features seven surface parking spaces and a community seating area.

Investors have the rare opportunity to acquire a unique rental community in one of Chicago's best neighborhoods. The properties have been well-maintained and professionally managed, but present some upside in rent levels. The property is being offered for sale free-and-clear of existing financing.

Highlights

  • Rarely Available Asset in Lincoln Park Neighborhood
  • Tree-Lined Residential Block
  • Renovated Apartments with Trendy and Timeless Finishes
  • Individual HVAC and Hot Water Heaters
  • Diverse Unit Mix with Attractive Layouts