Property Overview

Interra Realty has been exclusively engaged to market for sale the ARO West Side Portfolio. The collection is comprised of three (3) low-rise walk-up properties located in the Humboldt Park and Garfield Park neighborhoods of Chicago’s West Side. Each building is comprised of four (4) large units with individual forced air furnaces, individual hot water tanks, and central air conditioning to greatly reduce the expense load for a landlord.

The subject properties are participants of the Chicago Affordable Requirement Ordinance meaning these
properties recently underwent substantial rehabilitation to qualify. Currently, each rental is eligible to be rented for 100% of the Area Median Income.

3121-23 W. Monroe Street is a four (4) unit multifamily walkup property located in the E. Garfield Park Neighborhood. The property features large units with a mix of market and subsidized tenants. The property had been renovated to include individual forced air furnaces and individual hot water
tanks for each unit.

Currently, the property is rentable up to 100% of the AMI which is $2,651 for 3BD/1BA.


• Recently Gut Renovated Properties with Large Units

• (4) 1BD/1BA Units, (1) 2BD/1BA Units, (7) 3BD/1BA Units

• Individual Forced Air Furnaces & Hot Water Tanks

• All Three Buildings Rentable for 100% of Area Median Income

• Desirable Locations Near West Loop and West Town

Key Details

Sale Price
Number of Units
Four (4)
Garfield Park