3037-39 N. HARLEM AVENUE

Property Overview

Interra Realty has been exclusively engaged to market for sale the multifamily asset located at 3037-39 N. Harlem Avenue in Montclare, a northwest Chicago neighborhood. The property consists of nine (9) apartment units with off -street parking and common laundry. This desirable rental location offers residents convenient access to several retailers along Harlem and Belmont Avenue, close proximity to the Harlem Irving Plaza and walking distance to Shabbonna Park.

The unit mix is comprised of six (6) 1-bedroom and three (3) 2-bedroom units. The units are spacious with well-designed floor plays. The roof and boiler were replaced 2 years ago. There are eight (8) parking spaces at the property and coin laundry is available and is operator owned.

This property can be purchased individually or as a portfolio sale with 3145 N. Nordica Avenue, another nine-unit property in close proximity under the same ownership.

Highlights

  • Strong NW Chicago Rental Market
  • Current Average Tenancy of 13.4 Years
  • Minimal Historical Turnover
  • (8) Parking Spaces and Operator Owned Laundry
  • Long-term Ownership of 30+ Years
  • No Garden Units at Building

Key Details

Number of Units
Nine (9)
Submarket
Montclare