Property Overview

Interra Realty has been exclusively engaged to market for sale 3056 W. Franklin Boulevard. The offering is a seven (7) unit multifamily walkup property located in the East Garfield Park neighborhood of Chicago's West Side. The property is located on scenic Franklin Boulevard with easy access to the 290 expressway as well as neighboring Humboldt Park and West Town neighborhoods.

The property features an ideal unit composition of seven (7) 2BD/1BA Units. Apartments in this property have been retrofitted with individual forced air furnaces. Units are large and feature separate living and dining rooms.

A new investor is presented with the opportunity to capitalize on the property's ideal location within the submarket by completing an in-unit renovation program to bring rents to market levels.

Highlights

  • Ideal Unit Mix of all 2BD/1BA Units
  • Value Add Potential | Under Market Rents
  • Individual Forced Air Furnaces
  • Ideal Franklin Boulevard Location: Close Proximity to Humboldt Park, Ukrainian Village, and West Town Neighborhoods.

Key Details

TRANSACTION DATE
2022
NUMBER OF UNITS
Seven (7)
SUBMARKET
E. Garfield Park
LOT SIZE
0.07 Acres
YEAR BUILT
1925