Property Overview
Interra Realty has been exclusively engaged to market the attached property for sale. The attached subject property is a seven-unit mixed-use asset in Chicago's Lakeview neighborhood. The building consists of two ~1300 SF retail spaces, two one-bedroom, one-bathroom units, one three-bedroom one-and-a-half bathroom, and two three-bedroom, one-bathroom units. Each unit features luxury finishes with new kitchens that have quartz countertops and stainless steel appliances. In addition, each unit has an individual HVAC unit, individual hot-water heaters, and in-unit laundry. The building also features 9 surface parking spaces on-site.
The property is located in Chicago's popular Lakeview Neighborhood. Lakeview is an attractive submarket in Chicago due to its proximity to Lake Michigan as well as Lake Shore Drive, and public transportation. The neighborhood is also home to some of Chicago's finest dining and retail featuring both local and national brands. The neighborhood is one of the most sought-after submarkets in all of Chicago.
The attached subject opportunity presents the rare opportunity for an investor to step into an income-producing asset in one of the most popular submarkets of the city, that will only continue to appreciate over time.
Highlights
- Dynamic Lakeview Location
- Strong Unit Mix
- Rehabbed Units with Rental Upside
- 9 Parking Spaces On-Site
- Attractive Assuamble Debt Component Available