Property Overview

Interra Realty has been exclusively engaged to present for sale 2747 W. 59th St. located in Chicago's Chicago Lawn neighborhood. The subject property consists of (1) Studio (3) 1 BD/1 BA & (5) 2 BD/1 BA units. The asset features secured gated entry and parking in the rear.

All units feature hardwood flooring, balconies, and new kitchens and baths. The building sits along 59th St. and is in close proximity to shopping, schools, and public transportation. Midway Airport is located 3.5 miles from the property.

The asset presents qualified investors with the opportunity to acquire a well maintained building with significant upside in rental rates through management and leasing in a highly desirable submarket.

Highlights

  • Desirable Unit Mix: (1) Studio/(3) 1 BD/1 BA & (5) 2 BD/1 BA units
  • All units have been updated with hardwood flooring, new kitchens and baths
  • Opportunity to capture additional rental upside through leasing and management
  • 9 parking spaces are in the back. The property is gated on both sides with new fencing and updated brickwork to the building.

Key Details

Sale Price
$675,000
Number of Units
Nine (9)
Submarket
Chicago Lawn
Zoning
B3-2